Let KAYAK do the searching
Based on KAYAK hotel searches, the most popular destination is Cancún (44% of total searches to Latin America). The next most popular destinations are Mexico City (19%) and Rio de Janeiro (19%). Searches for hotels in Buenos Aires (18%) are also popular.
KAYAK users have found double rooms in Latin America for as cheap as $9 (Cusco) in the last 3 days. The average price is $406.