Latin America in 2019: A Year of Disruption?

John Price and Jerry Haar “Disruption”, a much bandied about term during the last several years, is a hallmark of the first quarter of the 21st century. A worldwide phenomenon, it is characterized by a break from the norm and manifested in both positive and negative forms, such as 3D printing and blockchain on the one hand and the dramatic increase in populism and trade protectionism on the other. Our neighbors to the South have certainly not been immune from the forces of disruption. The election of a right-wing populist as president of Brazil and a left-wing one in Mexico, trade conflicts, illegal immigration from and within the region, drug violence and environmental degradation are disrupting societies in the Western […]

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The global tourism industry is set to reach, and possibly surpass, pre-pandemic levels by the end of 2024, according to the World Economic Forum (WEF). Five years post-COVID-19, the sector is experiencing a robust resurgence driven by a surge in international travel, improved air connectivity, and strong rebounds in key regions. However, global dynamics must be managed carefully to ensure stable and continuous growth. In 2023, international tourism reached 88% of its 2019 levels, a significant recovery favored by the reopening of Asian markets, as highlighted by the United Nations World Tourism Organization (UNWTO). The Middle East led the way, surpassing pre-pandemic levels by around 20%, with Europe, the Americas, and Africa following close behind at approximately 90% of their […]