The Guayaquil Marriott will be the companys third property in Ecuador and is being developed by Hotecapsa, overseen by Mr. Angel P. Sanchez. Mr. Sanchez is a major local developer in Guayaquil who also opened the famous Sanchez Aguilar Theatre, The Plaza Buena Vista Mall and the Plaza del Prado Mall.
IHG invested in the $1 billion Holiday Inn global brand relaunch, the largest in hospitality history.
A deal to develop and franchise eight hotels in the country under Wyndham Hotel Group brands over 10 years.
Hoteles City Express, S.A.B. de C.V. (BMV:HCITY) announced today its intention to launch an offering of common stock in a global primary and secondary offering both in Mexico and internationally, subject to market conditions and the receipt of certain regulatory authorizations.
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