Demand growth in Brazil hotels attracts foreign investors

08/22/2011 | Bloomberg

International hotel chains are snapping up market shares in Brazil's hotel industry in anticipation of a predicted record demand growth this year. STR Global observed a 27% climb in room rates in the country during the first half of the year. A record 17% increase in revenue per average room was noted by Jones Lang LaSalle Hotels for 2010.

View Full Article in:


Published in Brief: