Beach Destinations Leading Hotel Performance in Latin America

According to new STR data through 25JUL 2021, beach hotel occupancy levels in Latin America are recovering at a higher rate of 40 per cent throughout the region. “Boosted by pent-up domestic demand, Latin America’s beach destinations have been key to the region’s recovery as restrictions remain around international travel,” said Patricia Boo, STR’s area director, Central & South America. “Like other regions of the world, domestic travelers are less attracted to the busy, urban cities and prefer the wide open, outdoor spaces as well as the warm weather and surroundings that these markets offer. Historically, these destinations have been popular on the international tourism trail, but we are likely years away from getting back to normal levels of international demand.” Cartagena, Costa Rica, Santiago, and more destinaitons reported high levels of occupancy during 19-25JUL, with some destinations reaching almost 60 per cent occupancy.

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