Latin America & Caribbean

Latin America and Caribbean Hotels Monitor October 2012

The economic crises of recent years have taken their toll on the region, but the last 12 months have seen strong performances in many of the markets under review. In particular, the Caribbean appears to be on the road to recovery, with a notable increase in performance in the Dominican Republic. Conversely, some markets in Latin America have struggled, notably Panama City, where the volume of new supply is outstripping demand.