Starwood Hotels plans growth for Latin American portfolio

03/11/2013 | News Times (Danbury, Conn.)

Starwood Hotels & Resorts Worldwide says it is looking to expand its portfolio in Latin America to 100 properties open or in development by the end of 2013. The hotel firm has 20 hotels in its development pipeline in the region, accounting for 3,300 new rooms. "There is still a great deal of opportunity, in world-class travel destinations like Mexico and Costa Rica, under-hoteled markets such as Brazil, top performers like Chile and Peru, and foreign investment favorites such as Colombia and Panama," said Ricardo Suarez, a vice president at Starwood Latin America.

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News Times (Danbury, Conn.)

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