Panama's Copa Airlines is not well-known in most of North America, but it's among the most profitable airlines in the Americas. Its secret? Like Southwest Airlines, it keeps its model simple.
They're back. The Brazilian economy and Hotel Urbano have both suffered a very rough stretch. Co-founders Joao Ricardo Mendes and Jose Eduardo Mendes have reasserted themselves in leading the company, but haven't publicly articulated in detail how they will navigate their way out of the online travel agency's current predicament. It will definitely be tough going.
It looks like Latin America has finally hit rock-bottom for airlines. But it will be some time before airlines are making major profits in South America.
Latin America's lodging industry remains very interesting to local and global investors alike. Economic headwinds and political upheavals have slowed but not stalled some of the world's largest hotels groups from capitalizing on opportunity in the region.
Despegar has entered a new chapter in Latin America as the site eliminated phone bookings in favor of online bookings only. The company is undergoing major changes and is rethinking how it balances its online and offline marketing.
Last-minute bookings aren't popular everywhere, and Latin America is the perfect template for brands to look at to figure out how to sell to travelers the right way as they plan and search for trips over time.
Barring a reversal in market conditions, buckle up because 2015 is looking like it will be a very active year in mergers and acquisitions among online travel companies.
Moving towards managing properties rather than owning them is a trend other hotels have followed in recent years, but the challenge for Barcelo will be to how to make its brand shine through elsewhere while it remains behind the scenes at properties it manages.