Despegar set to buy Brazilian OTA ViajaNet for circa $15m

Reading Time: 2 minutesLatAm: Online travel company Despegar has announced that it has agreed to buy Brazilian online travel agency ViajaNet for approximately $15 million.
Sonder opens first Latin American location in Mexico City

Reading Time: 2 minutesMexico: Hospitality startup Sonder has opened its first location in Latin America, in the Condesa neighbourhood in Mexico City. The building will accommodate 16 apartment-style spaces, providing what Sonder calls “a next-generation hospitality option, with top tier design, comfort and cleanliness measures — including a zero-contact check-in process”. Roberto Fernández del Castillo, general manager of Sonder in […]
Airbnb opens frontline responders programme in Mexico and Colombia

Reading Time: 2 minutesWorldwide: Airbnb is expanding its frontline responders programme, which allows hosts to offer their properties for free or at a discounted rate for Covid-19 medical responders, into the Central and South American markets. The company is growing its programme into the countries of Mexico and Colombia and has said that it is committed to waiving fees for […]
Latin American investors heading for Madrid’s residential market

Reading Time: 2 minutesSpain: According to a report in The Financial Times, overseas investors from Latin America are increasingly snapping up properties in Madrid’s prime residential market, following a period of economic instability in the city following Spain’s financial crisis. The report, which gathered research from independent real estate consultancy firm Knight Frank Madrid, states that buyers from […]
Latin America and Africa experiencing Airbnb business traveller boom

Reading Time: < 1 minuteWorldwide: Latin America and Africa are seeing the strongest growth in business traveller Airbnb users travelling globally, according to the company. Current trending destinations across those areas include Mar Del Plata in Argentina, which has seen a 624 per cent year-over-year increase in bookings, Guarujá in Brazil (up by 594 per cent from 2017 to […]