Opportunities In Latin America Travel And Tourism News
- In January 2024, Trip.com Group and LATAM Airlines signed a new NDC agreement. Both companies have reached an agreement to give international travellers a contemporary and effective ticketing experience.
- In January 2023, UNWTO and the Development Bank of Latin America (CAF) have established a new partnership to encourage and maintain investment in tourism throughout Latin America and the Caribbean regions. As part of the collaboration, investment guides for tourism are being created for five nations, Uruguay, Barbados, Ecuador, El Salvador, and Panama.
Get full market coverage in this industry
Download PDF
Related Travel and Tourism Industry News
- August 2023: Brand Concepts Ltd, a fashion retail house specializing in travel gear, handbags, and lifestyle accessories, collaborated with United Colors of Benetton to introduce an exclusive collection of travel accessories and small leather items in the Indian market.
- February 2023: Dufry AG, the world's largest duty-free operator, acquired Autogrill SpA, a company specializing in motorway and airport catering, from the Benetton Family.
- March 2023: Radisson Hotel Group announced the signing of two new hotels in Islamabad, Pakistan, with a commitment to expanding its footprint in the South Asian market. The two new hotels, Radisson Blu Hotel & Residences (consisting of 432 rooms, suites, and serviced apartments) and Radisson Hotel Islamabad Multi Gardens, include 165 rooms, including four executive suites.
- February 2023: Valor Hospitality Partners, a global integrated hotel and operations solutions company, announced to be operating the Hyatt Regency Lahore DHA. The franchise agreement with Hyatt and FP Global (Private) Limited marks the first Valor property in Pakistan to expand its portfolio into Southwest Asia.
- August 2023: Skyscanner launched its Hindi language experience across all its products and services to penetrate deeper into the Indian market. Skyscanner acts as a one-stop solution for travelers looking to compare ticket fares, hotel tariffs, and intra-city commutes by curating data from its partner Online Travel Agent (OTA) sites.
- August 2023: MakeMyTrip long with the Ministry of tourism has launched a unique Travellers' Map of India that showcases 600 plus destinations beyond the popular travel spots in the country.
- October 2020 - The Hilton hotel brand is expanding its luxury brand Conrad Hotels & Resorts in Morocco. Hilton's new luxury hotel in Morocco will be constructed in the new luxury coastal town of Arzana, in between Harhoura and Skhirat. The new property will be called Conrad Rabat Arzana and is part of Hilton's 'Conrad Hotels & Resorts' brand. In Morocco, the tourist industry has been badly hit by the pandemic. Yet the investment by Hilton hotels' top luxury brand again shows the long-term appeal of Morocco as a top tourist destination.
- May 2022: Saudi Arabia's leading theater operator Muvi Cinemas launched Muvi Studios. The new Studio will focus on developing both Saudi and Egyptian films for the Saudi public, concentrating on films for the big screen.
- September 2022: Flash Entertainment officially opened its KSA headquarters in Riyadh, committed to contributing to rapid growth across Saudi Arabia's entertainment industry and supporting the Kingdom's Saudization goals. The strategic opening of Flash's headquarters in Riyadh demonstrates the company's alignment with Saudi Vision 2030 goals to foster a diverse economy and establish the Kingdom as a world-class live entertainment and tourism destination.
- 15th November 2022: Booking.com, the leading digital travel platform, announced a series of new features for accommodation, car rental, and flights, to mark the one-year anniversary of its sustainability program launched in 2021.
- July 27, 2022: Booking.com launched the Ultimate Pride Amsterdam Experience to celebrate the 25th edition of the iconic Canal Parade.
- May 2022: lastminute.com, Europe's travel-tech leader, launched its first physical gift card, which will be available at a number of the UK's major retailers, like Morrisons, Tesco, and Amazon.
- 2nd February 2022: eDreams ODIGEO, Europe's largest online travel company, the second largest in terms of flights globally, and one of the largest European e-commerce businesses, announced that they have signed a New Distribution Capability (NDC) agreement with British Airways and Iberia, both part of IAG, one of the world's leading airline groups.
- September 2023: Marriott Hotels inaugurated a new 398-room hotel in Munich, Germany. The Munich Marriott Hotel City West is located in the Westend neighborhood. It offers four dining options: a roof terrace, a fitness center, and an M Club lounge exclusively for Elite Marriott Bonvoy members.
- December 2022: As part of their ongoing collaboration with Katara Hospitality, IHG Hotels & Resorts (IHG) announced the inclusion of the Carlton Cannes to its network of Regent Hotels & Resorts. It is anticipated to emerge as a flagship hotel within IHG's Luxury and Lifestyle Collection of the next generation of Regent Hotels and Resorts.
- August 2023: Brand Concepts Ltd, a fashion retail house specializing in travel gear, handbags, and lifestyle accessories, collaborated with United Colors of Benetton to introduce an exclusive collection of travel accessories and small leather items in the Indian market.
- February 2023: Dufry AG, the world's largest duty-free operator, acquired Autogrill SpA, a company specializing in motorway and airport catering, from the Benetton Family.
- March 2023: Radisson Hotel Group announced the signing of two new hotels in Islamabad, Pakistan, with a commitment to expanding its footprint in the South Asian market. The two new hotels, Radisson Blu Hotel & Residences (consisting of 432 rooms, suites, and serviced apartments) and Radisson Hotel Islamabad Multi Gardens, include 165 rooms, including four executive suites.
- February 2023: Valor Hospitality Partners, a global integrated hotel and operations solutions company, announced to be operating the Hyatt Regency Lahore DHA. The franchise agreement with Hyatt and FP Global (Private) Limited marks the first Valor property in Pakistan to expand its portfolio into Southwest Asia.
- August 2023: Skyscanner launched its Hindi language experience across all its products and services to penetrate deeper into the Indian market. Skyscanner acts as a one-stop solution for travelers looking to compare ticket fares, hotel tariffs, and intra-city commutes by curating data from its partner Online Travel Agent (OTA) sites.
- August 2023: MakeMyTrip long with the Ministry of tourism has launched a unique Travellers' Map of India that showcases 600 plus destinations beyond the popular travel spots in the country.
