The Mexican Caribbean, particularly Cancún, has emerged as the frontrunner in Mexico’s hotel expansion during the first eight months of 2024. This period saw the opening of 2,900 new hotel rooms in the region, according to a report by CBRE México. Nationwide, Mexico witnessed the addition of over 4,000 new hotel rooms, a 172% increase […]
Related Posts
Chile’s Inflation Rate Reaches 3.5% in 2024: A Closer Look at Economic Trends
Chile’s inflation rate increased by 0.1 percent in September, falling short of market analysts’ expectations. The National Statistics Institute (INE) reported that the country’s cumulative inflation for 2024 stands at 3.5 percent. This figure represents a significant shift in Chile’s economic landscape. September’s report highlighted a decrease in food and non-alcoholic beverage prices. Conversely, prices […]
IMF Projects 3.8% Growth for Sub-Saharan Africa in 2024
The International Monetary Fund (IMF) recently released its economic forecast for Sub-Saharan Africa. The region expects to see 3.8% growth in 2024. This figure marks a slight improvement from the previous year’s 3.4% estimate. However, it falls short of the robust 6-7% growth rates witnessed a decade ago. Economic performance varies significantly across the region. […]
Specialty Coffee Boom: A Golden Era for Producers
The specialty coffee market is poised for substantial growth, expected to surge by over 12% to reach $152.69 billion by 2030. This expansion heralds promising prospects for coffee producers globally, offering a pathway to increased income and the exploration of new, quality-focused coffee varieties. A Brainy Insights study underscores the market’s potential, predicting a 12.32% […]