International hotel chains bet on Latin America for growth

Interview with SAHIC President Arturo García Latin America is becoming a hotspot for international hotel chains, as recovering economies spur demand for rooms. Arturo García Rosa, president and founder of SAHIC, a platform for hotel and tourism deal making in the region, spoke with Latin Trade about the growth potential, challenges and trends in the sector. Why are international hotel chains targeting Latin America? Outside of Brazil, the region is behind in forging alliances between private hotel developers and international chains. But there is no longer any doubt about the need to partner with a chain on development. There are a lot of independent properties in Latin America, and more and more of them want to partner with hotel chains. […]