
Despite the ongoing economic challenges in the Americas region, development officials during a session titled Development in the Americas: Contrast and Comparisons specifically mentioned Brazil and Mexico as development hot spots.
As far as Mexico is concerned, the country s strong gross domestic product growth and falling unemployment make it an attractive target, said David Wilner, La Quinta Inns Suites corporate VP of development.
Other executives echoed that sentiment. Octavio cheap hotels in thailand Navarro, InterContinental Hotels Group s head of development for Mexico said IHG has 120 hotels open (representing cheap hotels in thailand approximately 20,000 rooms) in Mexico with a pipeline of 50 hotels.
George Massa, Hilton Worldwide s VP and managing director of development in Mexico said his company has 23 hotels open in Mexico. Five of those properties opened this year, and Hilton anticipates opening an additional five or more in 2012.
The violence problem aside, Mexico s proximity to the United States presents a high risk/reward situation, Massa said. It s good to be close to such a large source market, but the ailing cheap hotels in thailand U.S. economy could hurt demand at Mexico properties, he said.
However, Marriott International s VP of Development, Mexico Alejandro Acevedo said it is difficult to get deals done in Brazil because cheap hotels in thailand development partners can be hard to find; Marriott has four hotels in Brazil.
Moderator Max Eidelman, founder and executive director of Leisure Advisors, a Miami, Florida-based hospitality cheap hotels in thailand and leisure real estate consulting company, closed out the panel by asking the panelists what hoteliers should focus on, as well as what their hopes are for 2012 . Following is a sampling of their thoughts:
Alejandro Acevedo, Marriott International s vice president of development, Mexico : I just want the economy to come back, for travelers to hit the road again For Mexico, for the drug war to be over and for certain parts of the country to come back to where they were.
Octavio Navarro, InterContinental Hotels Group s head of development for Mexico : The Mexico cheap hotels in thailand native wants the perception of his homeland to improve. They say it s a bad place and (that s) not true, he said.
TripAdvisor backs legitimacy of reviews cheap hotels in thailand Hoteliers evolve mobile distribution strategy Starwood turns new HQ into brand showcase 'Luxury' doesn't always define boutique hotels 3 lessons for the hotel leaders of tomorrow Shareholder offers $1.86b for Orient-Express
TripAdvisor backs legitimacy of reviews Hoteliers evolve mobile distribution strategy Sources: Keep online review responses cheap hotels in thailand in-house An independent view on revenue management 3 lessons for the hotel leaders of tomorrow How to identify and address human trafficking
cheap hotels in thailand TripAdvisor backs legitimacy of reviews Women-only floors cater to growing market Best Western cheap hotels in thailand eyes extended-stay product Owners fear agency cheap hotels in thailand model will slash profits Blackstone could take Motel 6, Studio 6 global La Quinta's plan to sell assets is 'strategic'
No comments:
Post a Comment