Articles tagged “mexico”

Why Latin America’s Travel Recovery Might Lag the World’s

Why Latin America’s Travel Recovery Might Lag the World’s

Marcelo Rochabrun, Reuters

The only upcoming trip for many Latin Americans will be returning to their workplaces. A feckless U.S. and reckless China have prevented the world from coordinating a response to the pandemic.

3 weeks ago

Mexico’s Los Cabos Has an Ambitious Plan to Reopen All Resorts by End of Year

Mexico’s Los Cabos Has an Ambitious Plan to Reopen All Resorts by End of Year

Sharay Angulo, Reuters

In line with TUI's ambition to reopen its own properties in Mexico this summer, the tourism board's plan will be a big hit with tourists and local economies alike.

3 weeks ago

Investment Giant BlackRock Eyes Investing in Mexico’s ‘Mayan Train’ on Yucatan Peninsula

Investment Giant BlackRock Eyes Investing in Mexico’s ‘Mayan Train’ on Yucatan Peninsula

Raul Fernandez Cortes and Drazen Jorgic, Reuters

BlackRock is seeing the value of Mexican tourism. The long-anticipated Mayan train project could get a huge boost if the Wall Street giant moves ahead with an investment.

3 months ago

Uber Co-Founder Travis Kalanick Backs Hotel Company Using 3D Printing Tech

Uber Co-Founder Travis Kalanick Backs Hotel Company Using 3D Printing Tech

Patrick Whyte, Skift

The figure $20 million might not sound like a huge amount, but in the world of flat-pack hotels, it can probably get you quite far.

4 months ago

Despegar Buys Mexican Travel Agency Best Day for $136 Million

Despegar Buys Mexican Travel Agency Best Day for $136 Million

Sean O'Neill, Skift

At a stroke, Despegar will boost its annual revenue by about 25 percent. Acquiring Best Day Travel Group, one of the largest travel agencies in Mexico, will also solidify its set of products, including in the promising business-to-business segment.

4 months ago

Pablo Escobar’s Former Mexican Hideaway to Become $100 Million Luxury Beach Resort

Pablo Escobar’s Former Mexican Hideaway to Become $100 Million Luxury Beach Resort

Patrick Clark, Bloomberg

Pablo Escobar supposedly once said, “Everyone has a price. The important thing is to find out what it is.” For real estate owner Thor Equities, the price reportedly is $17.5 million for the drug lord's former beachfront property in Mexico. The new owner wants to build a 40-room hotel.

5 months ago

Mexico City’s Airport Project Will Cost $9 Billion to Scrap

Mexico City’s Airport Project Will Cost $9 Billion to Scrap

Andrea Navarro, Bloomberg

As if scrapping a plan to build a much-needed new airport wasn't bad enough, it will also cost the Mexican government more to cancel the Mexico City project than to finish it.

7 months ago

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How Los Cabos is Transforming Luxury Tourism in Mexico

How Los Cabos is Transforming Luxury Tourism in Mexico

Los Cabos Tourism Board + Skift

Today’s luxury travelers want the world at their fingertips. But not all destinations have managed to adapt their offerings to suit the demands of this new mindset. Now, thanks to its unique luxury-friendly amenities and a new brand positioning, the Los Cabos region of Mexico is emerging as a new luxury hotspot.

7 months ago

Los Cabos Is a Model for Mexico’s Events Industry After Tourism Board Closure

Los Cabos Is a Model for Mexico’s Events Industry After Tourism Board Closure

Isaac Carey, Skift

Los Cabos' name recognition and infrastructure give it a huge advantage, so it makes sense that it emerged as a leader in the events space. Still, the city's reworked meetings strategy has important info for other destinations.

7 months ago

Marketers From Closed Mexico Tourism Office Go Out on Their Own

Marketers From Closed Mexico Tourism Office Go Out on Their Own

Maria Lenhart, Skift

Former staffers from the closed Los Angeles office of the Mexico Tourism Board have regrouped to offer marketing services for Mexican destinations. Such services are needed, particularly for regions outside of Mexico's most popular tourist areas.

9 months ago

Mexico Tourism Marketing Gap Leads Ex-Board Staffers to Launch New Company

Mexico Tourism Marketing Gap Leads Ex-Board Staffers to Launch New Company

Paul Biasco, Skift

The true results of the Mexican government's dismantling of its tourism board likely won't be known for years, but former staffers in the Los Angeles office have formed a new marketing company they hope will fill in the gap. Keep an eye on neighboring tropical destinations, which are looking to swoop in on the opportunity.

9 months ago

Los Cabos Opens First International Office After Mexico Pulls Plug on Tourism Marketing

Los Cabos Opens First International Office After Mexico Pulls Plug on Tourism Marketing

Rosie Spinks, Skift

After the shocking closing of Mexico's federal tourism board, it's good news to see an international office opening — this time funded by the private sector rather than with government money.

9 months ago