Industry Update
External Article30 September 2010

South America Provides Opportunities, Challenges For Hotels

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STR Hotel News Now

Hotel operation in South America has become an uneven story, panelists said during the second day of the South American Hotel & Tourism Investment Conference. On one hand, you have companies such as Accor, which has seen a 22% hike in like-for-like revenue per available room year to date, according to Roland de Bonadona, CEO of South and Central America. “2010 has been a really very, very beautiful year,” he said during the panel “A View from the Top—Hotel Leaders Hard Talk.”

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