Argentina hotel business booming with 90 new projects

03/3/2004 | MercoPress (Uruguay)

Argentina is seeing a hotel construction boom, with no less than 90 new or refurbishment projects set for inauguration in the next two years. With the growing tourist trade and relatively low costs in U.S. dollars, international interests are behind about 55% of the new projects and the upcoming hotels involve about $250 million U.S. dollars.

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MercoPress (Uruguay)

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