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Starwood Hotels & Resorts Worldwide, Inc. today announced plans for a 50 percent expansion in Latin America during the next five years, as it looks to benefits from one of the world's fastest growing vacation and leisure markets. Read More »
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Hilton Worldwide has announced the opening of Waldorf Astoria Panama, the first Waldorf Astoria property in Latin America. Designed by Miami-based Ba-Haus/KNF, the hotel is located on Panama City's Ca... Read More »
The average daily rate for a hotel room in Miami rose 9.6 percent in February to $220.95, the largest increase from the previous month in the region, according to the latest report from STR Global. Sa... Read More »
The Chilean tourism industry has great potential, given Chile's stunning beauty, strong economy and political and economic stability. But it is still a young business. In addition to standard hotels a... Read More »
Hotel operators in the Americas posted strong gains in January, reporting a 3.3 percent increase in occupancy to 51.3 percent, STR Global Reports. The region--including United States, Brazil, Mexico, ... Read More »
At the Americas Lodging Investment Summit (ALIS) last week in Los Angeles, Jones Lang LaSalle's (JLL) Hotels & Hospitality Group reported five forces which will drive the hotel investment market durin... Read More »
According to a new report STR, the Caribbean hotel industry reported strong revenue-per-available-room increases year-to-date November 2012. In year-over-year comparisons, the Caribbean rose 11.1 perc... Read More »
In addition to creating the world's first international hotel chain, one of the great accomplishments of Hilton Hotels founder Conrad Hilton was to lead his hotel properties through many periods of gr... Read More »
Starwood Hotels & Resorts Worldwide, Inc., Trinity Investments, LLC and Terra Investments S.R.L.C.V. recently announced the debut of the first Le Méridien Hotel in Mexico City with the opening of Le... Read More »
Machu Picchu. Just saying those two words brings to mind images of a regal Inca city on the mountain...and a million questions. Who were they? Where did they come from? Why did they pick this spot to ... Read More »
Cabo San Lucas, Mexico's world renowned luxury golf and resort destination, is getting its first JW Marriott. Mexican developer Grupo Diestra and Marriott International (NYSE:MAR) recently confirmed t... Read More »
The government of Peru, a western South American republic with a population of 30 million, has launched a campaign to attract foreign hotel investors. The country, one of the smallest on the continent... Read More »
Hyatt Hotels Corporation recently confirmed the deal when Hyatt announced it entered into a management agreement with Dilony S.A. Dilony expects the new 167-room hotel to be open in 2015 in Montevide... Read More »
Marriott International's luxury JW Marriott brand is about to make its debut in Panama as part of the upscale master-planned resort community of Buenaventura. There are 55 JW Marriott hotels in 23 cou... Read More »
According to hotel data compiled by STR Global, despite economic slowdowns in many regions of the world, hotel markets globally still posted mostly positive performance results for the month of August... Read More »
Visitors to historic Machu Picchu now have a JW Marriott to relax in luxury. Marriott International's newest JW Marriott just opened at the gateway of Machu Picchu on what was the former site of a col... Read More »
December 21, 2012 is coming. To a few Hollywood movie-makers, that date meant the end of the world (according to the ancient Mayan calendar). To those with a spiritual bent, it means the end of an era... Read More »
Now that the London 2012 Olympics are over, the spotlight has started to shift to Brazil, which will be hosting the 2014 FIFA World Cup and the 2016 Summer Olympic and Paralympic Games. According to S... Read More »
The newest luxury resort development poised to take advantage of the burgeoning Brazilian tourism market is Ámanoca, a 5-star villa and hotel development south of Rio de Janeiro in the Costa Verde re... Read More »
According to data compiled by STR and STR Global, the Americas region recorded positive results in the three key performance metrics when reported in U.S. dollars for July 2012. The Americas region re... Read More »
W Hotels Worldwide recently announced it signed an agreement with Terranum Hotels to debut a new W Hotel in Bogota, Colombia. Slated to open in 2014, W Bogota will be a part of a larger mixed-use deve... Read More »
