Luxury all-inclusive hotels: a growing business in Latin America
These resorts are differentiated by having a single price that covers accommodation, meals, drinks and luxury amenities, so that guests can enjoy a stay with the highest quality standards
Latin America is a region that over the years has been located in the “Top of Mind” of world travelers when planning vacations, according to statistics from the Tourism Data Dashboard of the World Tourism Organization ( UNWTO), at the Latin American level, Mexico is the country most visited by foreign tourists, during 2022 it received 38.33 million tourists; followed by the Dominican Republic with 7.16 million, then Colombia with 4.40 million visitors and Argentina, which received 3.89 million non-resident tourists.
On the other hand, according to data from the Barometer of the same organization, between January and July of this year, 700 million tourists traveled internationally, exceeding the number of travelers by 43% during the same period in 2022.
Just as the number of tourists traveling around the world is large, so must be the tourist and lodging offer found in each destination. Luxury all-inclusive resorts are an accommodation option that adapts to the growing demand for luxury tourism, a trend that attracts a large number of travelers. This category of accommodation offers guests a superior quality experience, with high-level facilities and services.
These resorts are differentiated by having a single price that covers accommodation, meals, drinks and luxury amenities, so that guests can enjoy a stay with the highest quality standards. The luxury all-inclusive hotel sector has increased in recent years, especially in sun and beach tourist destinations, where the aim is to offer a different and exclusive option to the most selective travelers.
How well have these types of resorts positioned themselves in Latin America?
One of the experts in this segment is Inclusive Collection, a portfolio of brands that encompass the luxury resorts of the Hyatt group, created through the incorporation of Apple Leisure Group (ALG), a pioneer company in the creation of the Unlimited-Luxury® concept in the world.
In this sense, Javier Coll, president of the Global Business Development and Innovation group of Inclusive Collection - Part of World of Hyatt, considers that: “the Mexican Caribbean has been one of the preferred destinations for the development of complexes for a long time. tourist reasons such as the availability of land for new construction and reconstruction opportunities, easy access from many of the world's major cities, pristine beaches, historical and natural attractions, in addition to having a climate that allows travelers to visit it. throughout the year. That is to say, air connection, beautiful beaches, wide spaces and a great culture are part of what a destination requires for the construction of a luxury all-inclusive and these are characteristics that are found in different Latin American destinations, but management is needed to “place these countries on the radar of hotel investors and world travelers.”
Inbound tourism is a great enhancer of the global economy, it generates income, jobs, contributes to economic diversification and contributes to the sustainable development of each destination. According to data shared by Inclusive Collection, the highest percentage of reservations for hotels located in Mexico, Jamaica, Curaçao, Dominican Republic, Costa Rica, Colombia, Panama, Saint Martin and Saint Lucia, are from foreign guests: 76% They come from the United States, 8% from Canada and 7% from European destinations.
Part of the business of luxury all-inclusive resorts is designing hotels that offer unique and personalized experiences, which is why the Inclusive Collection, part of World of Hyatt, has 10 brands that provide family-friendly accommodation and for adults only, with spaces, cuisine and activities in each hotel, focused on the style and stage of life of the guests.
To attract diverse groups of travelers seeking immersive experiences at luxury all-inclusive hotels, Hyatt is expanding its offerings in new markets globally. By the end of 2023, Inclusive Collection is expected to have more than 120 hotels, constituting the largest portfolio of luxury all-inclusive hotels in the world. “The diversity of destinations is also part of this personification that characterizes the brand, which is why the development team has focused on other Latin American destinations, looking for new places to develop this type of resorts,” concludes Coll.