Expansion in Latin America

By Matt McDaniel, Tourism and Travel Journalist
ARDA Guest Blogger
April 15, 2014 

Of the 550 million people who reside in Latin America, an impressive one-third is part of the middle class. And this emerging group is expected to grow across the region—presenting substantial opportunities for the leisure industry. 

Interval International’s Marcos Agostini, senior vice president of resort sales and business development for the region, says that “both the overall economic health and its emerging middle class are a boon for shared ownership.”

The economic outlook for Latin America is encouraging for the remainder of 2014, with growth projected to be up nearly three percent. The global recovery and faster growth in the United States will also have a positive impact on the region’s expansion.

An article on this topic in the March issue of Developments magazine delves deeper into highlights from four key Latin American markets: Brazil, Columbia, Peru, and Mexico. Get all the details here!