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Markets in Americas Log Heady Gains

By NICHOLAS CASEY The Wall Street Journal Investors began 2009 bracing for more drops in Latin American stocks as global markets plummeted in the worst economic crisis in generations. The declines came as the region’s indexes sank to a low point in March. By year’s end, Latin American stocks managed to stage a striking recovery. [...]

Mexican Stocks Rise to 2-Year High as U.S. Jobless Claims Fall

Bloomberg News December 24, 2009, 01:58 PM EST Dec. 24 (Bloomberg) — Mexican stocks rose to the highest level in more than two years after a decline in jobless claims and a rise in durable goods orders in the U.S., Mexico’s biggest trading partner, boosted confidence in the economic recovery. U.S. orders for goods meant [...]

Latin America’s Pending Fire Sale – Private equity groups are licking their lips at the prospect of acquiring Latin American assets at fire-sale prices.

BY JOHN PRICE Latin Business Chronicle Experienced Latin American investors understand that today’s financial crisis will present discounted buying opportunities to those with the authority and boldness to quickly negotiate an acquisition and the cash to pay for it. Six years of rapid growth in the region invited a lot of new players into the [...]

Global Downturn Hits Mexico Harder Than Most

Unemployed construction workers in Mexico City gather every morning on the capital's central plaza, the Zocalo, in hopes of finding work as day laborers. Some have signs advertising their skills as plumbers, electricians and brick masons.

by Jason Beaubien Listen Now All Things Considered, July 6, 2009 · In English, you might call what’s happening to Mexico’s economy a “perfect storm.” In Spanish, they say llueve sobre mojado, or “it’s raining on wet ground.” In either language, the effects of the global economic recession are devastating in Mexico, the world’s 13th [...]

Fearless travelers can cash in on Mexico’s post-flu deals

Christine Delsol, Special to SFGate.com The San Francisco Chronicle Wednesday, May 28, 2009 It’s been two weeks since the State Department and the Centers for Disease Controllifted their travel warnings on travel to Mexico, and the deals are rolling in. The CDC lifted its recommendation against nonessential travel to Mexico on May 15, citing evidence that Mexico’s flu [...]

How new hotels can transform emerging markets

May 26, 09 | 1:58 am By Laura Kalcevic In a recent assignment, HVS was asked to project the likely market behavior of a proposed luxury hotel in Zihuatanejo, Mexico. Presently, the Zihuatanejo market features two luxury and two upscale properties, with up to four new projects being proposed in similar or superior service categories. [...]

Mexico Goes On Sale

By SARAH NASSAUER The Wall Street Journal With a clean bill of health and a lifted travel ban, Mexico tries to draw tourists back with deals and perks. Everything for the wedding was ready — the on-site florists, photographers, and a 35-foot acrylic platform built over the blue ocean water at the Rosewood Mayakoba resort near [...]

Mexico and AeroMexico welcomes back travellers

Travel Blackboard Thursday, 21 May 2009 After many countries, including the United State and Canada, lifted the travel warnings concerning travel to Mexico, major industry players like the Mexico Tourism Board and AeroMexico are encouraging travellers back. With local tourism industry decimated by fears of the Influenza A(H1N1) virus, Mexico is hoping for a swift [...]

Come back to Mexico – come back

by Karen Fawcett TRIPSO The Mexican Tourist Board is launching a multi-million dollar investment plan that will include a global public relations campaign. It is also calling for U.S. authorities to lift the travel ban with the hope that doing so will restore confidence in Mexico’s being one of the world’s top tourist destinations. Its tourism [...]

Flu? What Flu?

by ELISABETH MALKIN Published: May 8, 2009 MEXICO CITY — If you are looking for a cheap travel destination, try Mexico. Short of war, Mexico has endured about the worst calamity that can befall a country’s tourism industry over the last few weeks. A few people who had traveled here came down with what looked, initially, like [...]

The Crisis Came. Mexico Didn’t Fail. Surprised?

By LARRY ROHTER Published: May 9, 2009 New York Times MEXICO CITY – Just for argument’s sake, let’s compare Mexico’s management of the swine flu epidemic that broke out here last month with China’s handling of SARS in 2002. The Chinese initially tried to deny there was an outbreak, were slow to combat its spread [...]