King to lead Marriott in Caribbean and Latin America

Marriott International has announced that long-time company executive Brian King has been appointed president of the Caribbean and Latin America region.

King will take on his new role in January 2021 and will report to Craig Smith, who will assume the role of group president, international at that time. King succeeds Tim Sheldon, who recently announced his retirement.

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Latin America’s Hotel Construction Pipeline Remains Sluggish at the Close of the First Quarter of 2020

In the recent Latin America Hotel Construction Pipeline Trend Report, analysts at Lodging Econometrics (LE) state that the total construction pipeline stands at 702 projects/124,050 rooms, down 2% by projects and up less than 1% by rooms, year-over-year (YOY).

In the first quarter of 2020, 22 new hotels/3,825 rooms opened throughout Latin America, while new project announcements into the pipeline recorded a new all-time low of 36 projects/3,596 rooms

Mexico leads Latin America’s construction pipeline with 222 projects/40,639 rooms. Next is Brazil, standing at 137 projects/22,607 rooms. Peru follows with 41 projects/5,702 rooms; Colombia is next with 36 projects/5,899 rooms and then the Dominican Republic with 33 projects/8,105 rooms. Collectively, these five countries account for 69% of the rooms in the total pipeline.

Cities in Latin America with the largest pipelines include Lima, Peru with 31 projects/4,691 rooms; Mexico City, Mexico with 26 projects/4,358 rooms; Cancun, Mexico with 23 projects/11,234 rooms; Sao Paulo, Brazil with 18 projects/3,294 rooms; and Guadalajara, Mexico with 18 projects/2,302 rooms.

Top hotel franchise companies in Latin America’s construction pipeline are Marriott International with 129 projects/22,571 rooms, AccorHotels with 98 projects/13,049 rooms, Hilton Worldwide at a record high 88 projects/12,345 rooms, and InterContinental Hotels Group (IHG) with 61 projects/7,116 rooms. These four companies account for 54% of the projects in the total construction pipeline.

The top brands in the pipeline are AccorHotel’s Ibis brands with 67 projects/8,868 rooms, Hampton by Hilton with 25 projects/2,952 rooms and Hilton Garden Inn with 23 projects/3,189 rooms. These are followed by Marriott’s Fairfield Inn with 17 projects/2,489 rooms and IHG’s Holiday Inn Express with 17 projects/2,075 rooms.

COVID-19 did not have a full impact on first quarter 2020 Latin America results reported by LE. Only the last 30 days of the quarter were affected. LE’s market intelligence department has and will continue to gather the necessary global intelligence on the supply side of the lodging industry and make that information available to our subscribers. It is still early to predict the full impact of the outbreak on the lodging industry. 

Web Traffic Shows Early Signs of Positive Trend Across All Regions

The latest edition of our bi-weekly Pulse Report published earlier today, providing hoteliers from around the world with a snapshot on key market metrics for April 6-19.

Providing an in-depth look at On the Books, New Bookings, Cancellations and Web Traffic data, the latest edition of the Report included the latest demand signals for Latin America as well as APAC, EMEA and North America.

The Duetto Team added the Latin American data to the report following suggestions from subscribers. LATAM has proved a vital new component to tracking the impact of COVID-19 on the hotel industry around the world.

"The data shows us LATAM still has a lot of confidence for the latter part of the year. There's a lot of bookings, especially for the latter part of the summer," Lofton remarks.

Pulse Report data for LATAM On The Books vs. STLY by Stay Month as of April 19th showed that travelers with bookings in Latin America continue to show a higher degree in confidence in stay dates from September 2020 onwards.

Weekly New Bookings vs. STLY by Stay Month for Latin America also showed a slightly positive year over year trend for bookings in 2021, with new bookings for stays between May and July.

New Reservations Provide Future Outlook

Also new to the Pulse Report this time is the addition of New Reservations data. This was added because the Pulse Report team wanted to be looking as much to the future as possible.

In APAC, the data for new bookings shows increased pace for Q2 2021. In EMEA a similar pattern can be seen, with an uplift in new reservations for May-July 2021. For North America, new bookings for 2020 continue to fall behind previous year figures, but new bookings for 2021 are exceeding pace.

RADISSON CONTINUES GROWTH IN LATIN AMERICA WITH HOTEL OPENING IN SÃO PAULO, BRAZIL

About Radisson

Radisson is an upscale hotel brand that delivers Scandinavian-inspired hospitality and enables guests to focus on a work/life balance and find more harmony in their travel experience. Based on building meaningful relationships with guests, it features a Yes I Can! service attitude designed to deliver satisfaction to every guest. The hotels can be found in suburban and city settings, near airports and leisure destinations

It is part of the Radisson Hotel Group, which also includes Radisson Collection, Radisson Blu, Radisson RED, Park Plaza, Park Inn by Radisson and Country Inn & Suites by Radisson.

Radisson, announced to open t Radisson Hotel Oscar Freire at Rua da Consolação, 3555 Cerqueira Cesar, São Paulo, Brazil. Located in the upscale Jardins neighborhood, the hotel places guests traveling for work or pleasure within minutes of the area’s top attractions. Oscar Freire Street, home to designer storefronts, art galleries and quaint cafés, makes for a perfect day on the town, while Avenida Paulista, full of hip restaurants and lively nightlife, makes for an unforgettable evening. For those traveling on business, the hotel is a three-minute walk from the Oscar Freire metro station and a ten-minute walk from Reboucas Convention Center. The hotel is about six miles from Congonhas Airport (CGH) and 19 miles from Guarulhos International Airport (GRU).

The hotel boasts 139 suite-style rooms outfitted with kitchenettes and for an upgraded stay, guests can reserve a Business Class room with a balcony overlooking the scenic views of downtown São Paulo

Everything from larger receptions and celebrations, to medium-sized affairs or intimate meetings, can take place in one of the hotel’s five onsite meeting rooms. Equipped to host up to 140 guests, the hotel’s event spaces include access to free Wi-Fi, catering services and onsite event coordinators. Guests seeking a convenient and delicious meal are encouraged to enjoy a complimentary breakfast and French cuisine at Marcel, the hotel’s restaurant. Lunch and dinner options are served from the à la carte menu of traditional French entrées. Room service is also available 24-hours a day.