The lousy news carries on for Latin America, in particular for some economies. Tourism, a person of the most essential financial engines across the region is beginning to collapse around the COVID-19 pandemic. Cuba has shut its doors for thirty times, and major lodge chains have just announced the gradual closure of their establishments in Mexico. The tourism industry in Latin America is in essence on its knees.
The hospitality market, very dependent on air travel which was also brought down by the pandemic and border closures, is a critical resource of earnings for Brazil, Mexico, Argentina, Colombia, Ecuador, Chile,