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TLA Times | Feb. 04, 2021

  REGION  

Hyatt offers free COVID-19 tests for guests traveling to United States

Hyatt will give free COVID-19 tests to guests at its Latin American resorts who are traveling to the United States. Hospitality Technology reports. On-site testing will be available at 19 properties in Mexico, Costa Rica, the Caribbean and South America through May 31, 2021. The offer is good for two registered guests per room per stay. The offer is not valid for guests who are not traveling to the United States. Guests are eligible for a special travel delay rate if they have a positive test or the results are not back in time. Details


  BRAZIL  

Shopee ramps up Brazilian operations with eye on region

Shopee, the largest e-commerce platform in Southeast Asia, is growing its operations in Brazil and scoping out the potential for Latin America, Reuters reports via The Straits Times. Sea Ltd., the Singapore-based parent of Shopee, began operating in Brazil in 2019 as a pilot program. Sources say the company has made no solid plans about the region, but it is keeping a close eye on Mexico. Details

IHS Towers gains about 1,000 sites in acquiring of Skysites

IHS Holding Limited, with more than 28,700 towers across nine markets, completed the acquisition of Skysites Holdings in Brazil, Business Wire reports. Skysites’ operations has approximately 1,000 sites as well as access to real estate in urban settings. This marks IHS’s second major acquisition in Brazil and leaves the company in good position for the upcoming 5G rollout in the country. “Brazil represents a key market for us with its exceptional growth potential,” IHS CEO Sam Darwish says. Details


  MEXICO  

World Golf Championship shifts to Florida for 2021

The World Golf Championship is moving from Mexico City to Bradenton, Florida, for this year, the Associated Press reports via the Tacoma News-Tribune. The PGA Tour informed players that the event, scheduled for Feb. 25 through Feb. 28, will be played at The Concession Golf Club. Travel restrictions associated with the pandemic forced the change. The event will return to Mexico City in 2022. Details  

 

Netflix to open Mexico City office, spend $300 million on productions

Netflix plans to open an office for the Latin American region in Mexico City before the end of the year, Entrepreneur reports. The video streaming platform plans to increase its investment in production in Mexico with $300 million marked for around 50 productions. That is up from $200 million last year. Netflix became its own distributor in Mexico on Jan. 1 and now has more than 200 million subscribers worldwide.  Details


 

  FUN IN THE SUN  

Great sunsets on popular Pacific beach

In 1992, the Schmidt family moved from Europe to Tamarindo, a village on the Pacific Coast of Costa Rica that had no TV and only three phones, all public. They built a hotel, which they christened the Capitán Suizo Beachfront Boutique Hotel. More development came to Tamarindo.  Tamarindo, known for some of the best sunsets in South America, is now easy to access and has become popular with tourists. But the Capitán Suizo has maintained its unspoiled beauty and charm. Details

 

  SNAPSHOT  
Annual inflation pct. in Brazil










 

Source: data.worldbank.org

  EXCHANGE RATE  
Currency | Per US Dollar

 

 

 

 

 

 

 

 

Figures from Feb. 04, Source: www.xe.com

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