Sales Leads LatAm is a summary for Corporate Marketers, Media Sales Executives and Advertising Agencies to see what clients are moving into the market and/or targeting Latin American consumers right now.
For prior Sales Leads LatAm editions, click here.
- Motto by Hilton
Hilton announced the signing of a franchise agreement for a new Motto by Hilton hotel in Lima, Peru, representing the brand’s debut in the Caribbean and Latin America. Launched in October 2018 as Hilton’s newest lifestyle hotel brand, Motto by Hilton introduces a fresh approach to modern travel, bringing together efficient, micro-guest rooms, activated social spaces, locally inspired design, and a communal vibe in centrally located urban destinations to cater to travelers looking for value and one-of-a-kind experiences.In partnership with Compañia Hotelera CINSA S.A, Motto by Hilton Lima Miraflores is scheduled to break ground in May 2020 and expected to open in 2022. Similar to other Motto by Hilton properties around the world, Motto by Hilton Lima Miraflores will show off its flexibility through thoughtfully designed spaces, seamless technology and an elevated sleep experience that will make recharging easier than ever.Additional deals under Motto by Hilton are in various stages of development in prime urban locations around the world such as New York City, Indianapolis, Washington D.C. and Copenhagen, to name a few.Hilton currently has a portfolio of more than 150 hotels and resorts open and welcoming travelers in 23 countries across the Caribbean and Latin America with seven hotels in Peru.
- Colombian Cueros Vélez/Studio F
The Colombian fashion group Studio F and leather goods specialist Cueros Vélez, two of the largest retailers in its local market, have begun negotiations to land in the Spanish market, which would mean landing in Europe for both companies.Colombian company Studio F, one of the largest fashion retailers in the country and with over 430 points of sale in Latin America in eight Latin American countries, plans to enter the Old Continent with an investment of 8 million euros.Studio F will combine four channels in its development in the market: directly operated stores, concessions in El Corte Inglés, multi brand and ecommerce. The first directly operated stores will arrive at the end of 2020. The company plans to have a store network of forty corners in El Corte Inglés and 18 directly operated stores in Spain. Studio F will bet on positioning itself in Spain in a higher segment and focusing on denim as a differential element. Based in Medellín, Colombia, STF Group generates more than 5,000 direct jobs and currently has operations in Colombia, Chile, Ecuador, Peru, Costa Rica, Guatemala, Panama and Mexico.Cueros Vélez started in 1986 with Raúl Vélez and Ana María Echevarría as a company specialized in leather goods. The company has expanded through retail and currently has about 300 stores in Colombia, Guatemala, Panama, Mexico, Peru, Costa Rica and El Salvador. The company also operates with two other brands, Nappa and Tannino, specialized in leather goods and distributed both online and in some Cueros Vélez stores.
- IHOP
Dine Brands Global Inc.’s DIN International House of Pancakes (IHOP) brand continues to expand through franchisee agreements. Recently, the company announced the opening of its first IHOP restaurant in Lima, Peru, through an agreement with Percapitals S.A.C. Markedly, this new property in Peru marks the company’s 62nd restaurant in the Latin America region.Steve Joyce, CEO and president, International, Dine Brands, stated that “South America is an important growth market for Dine Brands and we’ve seen great success there so far this year.”Earlier this year, IHOP debuted in South America with the opening of three restaurants in Ecuador. Of late, the IHOP brand announced that it plans to open a fresh fast casual concept — Flip’d by IHOP — in the United States during the spring of 2020. Currently, there are more than 1,700 IHOP restaurants in the United States and another 100+ IHOP restaurants worldwide. Moving ahead, Dine Brands International continues to focus on growth in markets including Central America, Colombia and Chile. By 2028, it anticipates to open 25 IHOP restaurants in Peru.
- FreeNow
FreeNow, the ride-hailing venture owned by Daimler and BMW, expects to double revenue this year and next in a fresh challenge to Uber in Europe and Latin America.FreeNow’s so-called gross merchandise volume, which mirrors revenue, is forecast to reach about 2.4 billion euros (US$2.7 billion) in 2019, CEO Marc Berg said in an interview.Half of the 130 cities in Europe and Latin America where the company that was previously named MyTaxi currently operates in are already profitable, he said.Ride-hailing is expected to remain FreeNow’s main growth driver as it can be scaled up quickly once regulations are met.Apart from the main FreeNow brand, the company operates the Beat and Kapten ride-hailing services as well as Hive electric scooters. It’s active in 130 cities across 18 countries in Europe and Latin America.
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