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Central & South AmericaDevelopmentPage 18
InterContinental Hotels Group (IHG)
Press Release
February 13, 2013

The Holiday Inn® Brand Expands in Colombia | Two New-Build Hotel Signings in the Northeast Cities of Bucaramanga and Cucuta

IHG (InterContinental Hotels Group), one of the world's leading global hotel companies, today announced signings of two new Holiday Inn® hotels in Colombia. The new properties – to be located in the northeast region's cities of Bucaramanga and Cucuta – will bring IHG's hotel pipeline in Colombia to 5 hotels.

IHG Hotels & Resorts
IHG
Colombia
BHG S.A.
Press Release
February 11, 2013

BHG Signs Management Agreement with New Soft Inn hotel in Goiania, Brazil

Brazil Hospitality Group (BM&FBovespa: BHGR3; OTC: BZHGY) hereby announces the signature of a Memorandum of Understanding for the management of Soft Inn Mega Moda, a hotel that is being developed in Goiania. The new project will mark the debut of a new BHG brand in Goias: Soft Inn, an economic segment brand that offers quality at an excellent cost-benefit ratio.

BHG S.A.
BHG S.A. – Brazil Hospitality Group
Brazil
BHG S.A.
Press Release
January 29, 2013

BHG maintains rate of expansion and announces entry into the interior of Sao Paulo state

BHG S.A. - Brazil Hospitality Group (BM&FBovespa: BHGR3; OTC: BZHGY ) hereby communicates the signing of a Memorandum of Understanding (MOU) for the management of a hotel in Sao Jose dos Campos, in the interior ofSao Paulostate. The project is under construction and is scheduled to open during the fourth quarter of 2013.

BHG S.A.
BHG S.A. – Brazil Hospitality Group
Brazil
Starwood Hotels & Resorts
Press Release
January 8, 2013

Starwood Hotels Continues Portfolio Growth in Latin America with the Opening of a Second Westin in Panama

Accelerating portfolio growth in Latin America, Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today announced the opening of its second Westin hotel in Panama. Ideally located in Costa del Este, Panama City's newest, upscale corporate and financial center, The Westin Panama is the third Starwood property developed and operated by Bern Hotels & Resorts, Panama's largest hotel developer and operator. With the opening of The Westin Panama, Starwood Hotels now has seven hotels in Panama.

Starwood Hotels & Resorts
Starwood
Panama City, Panama
Starwood Hotels & Resorts
Press Release
December 19, 2012

Starwood Expands Presence in Brazil with Upcoming Sheraton da Bahia Hotel in Salvador

Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) has partnered with GJP Hotéis & Resorts to expand the presence of its global powerhouse brand Sheraton Hotels & Resorts in Brazil. Sheraton da Bahia Hotelwill be located in Salvador, one of the most important tourist destinations in the country. The 284-room historic Hotel da Bahia is currently undergoing an extensive renovation and will re-open to its full splendor by Q1 2013. It will be operated by local hotelier GJP Hotéis & Resorts under a franchise agreement.

Starwood Hotels & Resorts
Starwood
Salvador da Bahia’, Brazil
Hilton Worldwide Family/group
Press Release
December 17, 2012

Hilton Hotels & Resorts Brand Debuts Hotel In Lima, Peru With Opening Of Hilton Lima Miraflores

Hilton Worldwide announced the opening of the new-build 207-room Hilton Lima Miraflores - the company's first managed hotel in Peru and its flagship brand's first Hilton Hotels & Resorts hotel in the country. To celebrate, this city center hotel in Lima's trendy Miraflores district welcomes guests with a special introductory offer. Valid Dec. 13, 2012 through Feb. 28, 2013, business and leisure travelers alike can experience the new Hilton Lima Miraflores with rates starting at US $159.00* per night based on double occupancy, including Internet access and breakfast.

Hilton Favicon
Hilton
Lima, Peru
Wyndham Hotels & Resorts
Press Release
December 13, 2012

Second Upscale Wyndham Hotel Opens in Costa Rica’s Capital

Wyndham Hotel Group, the world’s largest hotel company with nearly 7,260 hotels and part of Wyndham Worldwide Corporation (NYSE: WYN), today announced the opening of the 230-key Wyndham San José Herradura Hotel & Conference Center in San José, Costa Rica, the second Wyndham® Hotels and Resorts property to open in the country’s capital in the last month.

Wyndham Hotels Resorts
Wyndham
San José Herradura, Costa Rica
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Marriott International, Inc.
Press Release
December 11, 2012

Marriott International Introduces Two New Brands to the Brazilian Hotel Market

Marriott International (NYSE: MAR) announced today plans to introduce two of its mid-market hotel brands, the Fairfield Inn and Courtyard by Marriott brands in Brazil. The company will open a new 165-room Fairfield Inn by Marriott in Porto Alegre, Rio Grande do Sul, and a 160-room Fairfield Inn by Marriott and 158-room Courtyard by Marriott hotel, both in Curitiba, Parana. All three properties will be developed under an agreement with Mr. Aldemir Dadalt, owner and president of Prisma Engenharia SA, a prominent regional real estate development and construction company based in Joinville, Santa Catarina, who has developed 14 hotels located in major cities of Southern Brazil.

Marriott
Marriott
Brazil
Wyndham Hotels & Resorts
Press Release
November 29, 2012

Wyndham Brand Opens First Hotel in Costa Rica

Wyndham Hotel Group, the world's largest hotel company with nearly 7,260 hotels and part of Wyndham Worldwide Corporation (NYSE: WYN), today announced the debut of its upscale Wyndham® Hotels and Resorts brand in Costa Rica with the opening of the 111-room, newly constructed Wyndham Garden San José Escazú. The hotel, owned by Rocca Portafolio Comercial and operated by Desarrollos Hoteleros, becomes the third Wyndham Hotel Group property in Costa Rica, joining TRYP by Wyndham San José Sabana, which opened in the capital city in November 2011, and the Ramada Plaza San José Herradura.

Wyndham Hotels Resorts
Wyndham
San Jose, Costa Rica
Global Hyatt Corporation
Press Release
November 14, 2012

Hyatt Place Brand Debuts Outside US with Opening of Hyatt Place San Jose/Pinares in Costa Rica

Hyatt Hotels Corporation (NYSE: H) this week announced the opening of Hyatt Place San Jose/Pinares, the first Hyatt-branded hotel in Costa Rica and the first Hyatt Place hotel outside of the United States. In addition to Hyatt Place San Jose/Pinares, 13 previously announced hotels will open across Hyatt's portfolio of brands in Latin America. When these properties open, there will be a total of 22 Hyatt-branded hotels in Latin America.

Global Hyatt Corporation
Hyatt
San Jose, Costa Rica
Caesars Entertainment, Inc.
Press Release
November 14, 2012

Caesars Entertainment and Enjoy S.A. Form Strategic Relationship in Latin America

Caesars Entertainment Corporation (NASDAQ: CZR) and Enjoy S.A. today announced that they have signed a definitive agreement to form a strategic relationship in Latin America, one of the fastest growing casino gaming markets in the world. Under terms of the agreement, Enjoy will acquire 45% of Baluma S.A., the Caesars subsidiary which owns and operates the Conrad Punta Del Este Resort and Casino in Punta Del Este, Uruguay and Caesars will become a shareholder in Enjoy.

Caesars Entertainment, Inc.
Caesars
Uruguay
Hilton Worldwide Family/group
Press Release
November 7, 2012

Hilton Worldwide Announces Opening of DoubleTree by Hilton in Merida, Mexico’s Yucatan Capital

Hilton Worldwide has announced the opening of a DoubleTree by Hilton in Merida – the largest city and capital of Mexico's state of Yucatan. Built around an early 20th century mansion, the four-story DoubleTree by Hilton Merida welcomes guests to an experience inspired by the area's history.

Hilton Favicon
Hilton
Merida, Mexico
Hilton Worldwide Family/group
Press Release
November 2, 2012

Hilton Worldwide Signs Management Agreement For Hilton Hotels & Resorts Development In Pilar, Argentina

Hilton Worldwide announced that it has signed a management agreement with El Hotel Pilar, S.A. for a 170-room new-build Hilton hotel in Pilar, Argentina - part of Greater Buenos Aires. The hotel will form part of a mixed-use development featuring 130 residential condominium units that will benefit from all the services offered at Hilton Pilar. The Hilton Pilar Hotel & Residences project, currently under construction and expected to open in March 2015, is the third for Hilton Hotels & Resorts and fifth for Hilton Worldwide in Argentina.

Hilton Favicon
Hilton
Pilar, Argentina
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Mews
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Hilton Worldwide Family/group
Press Release
November 1, 2012

Hilton Cartagena Completes Multimillion Dollar Rooms Enhancement Project

Hilton Cartagena announces the completion of a multimillion dollar renovation campaign that introduces a total transformation of 288 main tower guest rooms, as well as upgrades to its extensive pool complex. The 341-room beachfront Hilton Cartagena, scenically located at the tip of El Laguito Peninsula, now welcomes guests to rooms with larger living space and a design that brings the calming essence of the sea indoors.

Hilton Favicon
Hilton
Cartagena, Colombia
Starwood Hotels & Resorts
Press Release
October 24, 2012

Starwood Continues Growth in Latin America with Debut of Le Meridien Mexico City

Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT), Trinity Investments, LLC and Terra Investments S.R.L.C.V. today announced the debut of the first Le Méridien Hotel in Mexico City with the opening of Le Méridien Mexico City. Situated at Paseo de la Reforma 69 in the heart of the city's vibrant financial and cultural district, Le Méridien Mexico City combines timeless chic design and a love of the arts and cuisine, offering travellers a distinctive and compelling experience.

Starwood Hotels & Resorts
Starwood
Mexico City, Mexico
Hilton Worldwide Family/group
Press Release
October 16, 2012

Hilton Worldwide Announces Opening of Hilton Garden Inn Tucuman, the Brand’s First Hotel in Argentina

Hilton Worldwide announced the opening of the new-build 103-room Hilton Garden Inn Tucuman, the brand's first hotel in Argentina. The company also announced the official appointment of Agustin Maddocks, former rooms division manager at Hilton Buenos Aires, as general manager of the upscale Hilton Garden Inn Tucuman in Northern Argentina. "Tucuman provides a great opportunity for tourism, with its diverse offering of adventure, gastronomy and cultural attractions," said Danny Hughes, senior vice president, Caribbean, Mexico and Latin America for Hilton Worldwide. "The opening of the Hilton Garden Inn represents our commitment to tourism development in the province, and our desire to become an active member of this welcoming community. Agustin Maddocks is the ideal general manager to lead the team and our efforts at our newest hotel in Latin America." With rates starting at US$91.00* per night and forming part of the award-winning, upscale, yet affordable, hotel brand that delivers high quality and value, Hilton Garden Inn Tucuman forms part of the Central Tucumano mixed use complex and welcomes guests to experience the gateway to Argentina's North. Central Tucumano, a project developed by the company Vizora, was designed to revive the spirit of the old "Mercado de Abasto" market and an area that was fundamental to the commercial development of the province for decades. Known as The Garden of the Republic due to its vast natural beauty, Tucuman is less than a two hour flight from Argentina's capital city of Buenos Aires and the Hilton Garden Inn Tucuman is approximately 25 minutes from the international airport. The Hilton Garden Inn Tucuman features 103 guest rooms, all decorated with local culture and history in mind. Each room features unique decorative pots, specially designed by artisans from Calchaquies Valley, as well as original prints with themes depicting the different indigenous groups of the area. Rooms also feature calming and comfortable bedding, LCD high-definition Smart TV, easy-to-set alarm clock with MP3 connectivity, a spacious work desk, and a "hospitality center" that features a mini refrigerator and coffee maker.

Hilton Favicon
Hilton
Tucuman, Argentina
Ritz Carlton
Press Release
October 10, 2012

The Ritz-Carlton Hotel Company, L.L.C. Adds to Caribbean Presence with Exclusive Resort in Aruba

The Ritz-Carlton Hotel Company, L.L.C. is pleased to unveil plans for The Ritz-Carlton, Aruba, an exclusive 320-room oceanfront resort situated on the Caribbean island’s famed Palm Beach. Ushering in a new level of elegance in accommodations and amenities to the island, the grand resort will offer beautifully appointed rooms and suites, four dining outlets, a luxurious 13-treatment room spa, two swimming pools and a 24-hour casino.

Ritz Carlton
Ritz-Carlton
Aruba
Wyndham Hotels & Resorts
Press Release
October 8, 2012

New TRYP by Wyndham Hotel Opens in Bogotá

Wyndham Hotel Group, the world's largest hotel company with over 7,170 hotels and part of Wyndham Worldwide Corporation (NYSE: WYN), today announced the opening of the newly constructed, 250-room TRYP by Wyndham Bogotá Embajada, the newest TRYP by WyndhamSM hotel in Colombia. The hotel becomes the second in the country to join the select-service brand's portfolio, following the June 2011 opening of its first Colombian property in Medellín.

Wyndham Hotels Resorts
Wyndham
Bogotá, Colombia
Hilton Worldwide Family/group
Press Release
October 5, 2012

DoubleTree by Hilton Opens First Hotel in Mexico City

DoubleTree by Hilton today announced the opening of a newly renovated, upscale, full-service hotel in Mexico City, just a few miles from the heart of Zocalo, the city's center. The 96-room DoubleTree by Hilton Mexico City Airportis minutes from the Benito Juarez Mexico City Airport (MEX). The DoubleTree by Hilton Mexico City formerly was an independent hotel and is owned and operated by Operadora de Hoteles y Restaurantes ITER, S.A. de C.V under a franchise license agreement with a subsidiary of Hilton Worldwide.

Hilton Favicon
Hilton
Mexico City, Mexico
Global Hyatt Corporation
Press Release
October 3, 2012

Hyatt Announces Plans for a Hyatt Hotel in Montevideo

Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with Dilony S.A. for a new Hyatt hotel in Montevideo, Uruguay. Hyatt Montevideo will mark the first Hyatt-branded hotel in Uruguay, bringing the total number of announced Hyatt-branded hotels under development in Latin America to 14.

Global Hyatt Corporation
Hyatt
Montevideo, Uruguay
Page 18 of 20
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Shockwaves and Tailwinds: The Real Commercial Impact of Middle East Tensions

Peter Szabo
By Peter Szabo
Expert Views (9)
Philip Bacon
Philip Bacon

Ongoing geopolitical tensions across the Middle East are having a real commercial impact on hospitality, tourism and leisure businesses worldwide. Uncertainty is now shaping how travellers make decisions — where they go, how far ahead they book, and how confident they feel about travel at all.Airspace restrictions and rising operating costs have dampened visitor demand in some regions, while destinations seen as safer alternatives — particularly in Southern Europe, Asia and the Americas — are picking up displaced demand, especially at the luxury and ultra-luxury end of the market, notoriously oblivious of geopolitical tensions.Investors and developers are also treading more carefully.

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