Lodging Econometrics 2011 Latin America Lodging Outlook Report

The resurgence of lodging construction in South America is gathering speed, having bounced back faster than most other regions of the world. Rapid government intervention, including broad stimulus programs, lower interest rates and investment incentives, minimized the impact of the global recession and banking crisis. Escalating international demand for natural resources exported by these countries is further bolstering their economies, with...