Mexico hotel chains bet

Mexico hotel chains bet


Written by Real eStrategy 2 Tourist Market May 12, 2011 Between 2011 and 2013, firms such as AMResorts, La Quinta Inn & Suites, City Express, Starwood, Hilton and Grupo Posadas, among others, plan to expand their presence in the country, opening approximately 63 hotels, which will invest around 665 million dollars. The Mexican Association of Hotels and Motels (AMNM) estimated that this year could be invested only 360 million dollars.



In an interview, Armando Uribe, president of the Mexican Association of Hotels and Motels (AMNM), said that several chains interested in investing in the next 5 years ... 80 percent of the hotels that are being considered for 2011 are in places sun and sand, while 20 percent are located in business centers.



For example, Grupo Posadas and outside investors will use $ 290 million for a 3-year project, which envisages the development of 40 hotels in country ... Blanca Herrera, director of services and chain franchises hotels City Express, said he expected the construction of nine hotels and hotel City Express City Junior, with an investment of 60 million pesos for each ... Luis Morales, PR Starwood hotel chain, said this year will open a hotel in Guadalajara, in the Westin brand ... On the other hand, the U.S. Hilton chain plans to open 5 more hotels Hampton Inn brand between 2011 and 2012, with investments between 9 and 12 million dollars for hotel in Ciudad del Carmen, Guadalajara, Los Cabos, Toluca and Tuxtla Gutierrez ... AMResorts hotel chain will open three new hotels in Cozumel and Puerto Vallarta between 2011 and 2012, with an investment of 215 million dollars.

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