Hotel Industry News - Latin America Regional News

International hotel investors have clearly set their eyes on Asia and the Middle East - 770 hotels currently arise between Dubai and Shanghai. For comparison: in Europe 204 new first class and luxury hotels are being developed, in the USA and Canada just 112 hotels.

Receipts from international tourism in destinations around the world grew by 4% in 2012 reaching US$ 1075 billion. This growth is equal to the 4% increase in international tourist arrivals which reached 1035 million in 2012. An additional US$ 219 billion was recorded in receipts from international passenger transport, bringing total exports generated by international tourism in 2012 to US$ 1.3 trillion.

Vizergy Clients Experience Record Quarter

Sheraton Hotels today announces the global roll-out of its signature wine programme 'Toast Around the World' to 430 hotels around the world.

Agents Can View Hotels’ Overall Ranking Across All Guest-Review Platforms to Get a Comprehensive Look at How Properties Fare Without Spending Hours Online - App Aggregates User Sentiment From Major Review Sites

Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) announced that it will increase its operating hotel footprint in Latin America by 50 percent during the next five years, opening an average of seven new hotels per year in the region.

Hospitality's leading full-service digital marketing agency exclusively servicing the hospitality industry for more than a decade is recognized for the third consecutive year by the Interactive Media Council for increasing the standards of excellence on the Internet

In this issue of CFO Insights, Deloitte discusses how to improve capex programs through more-effective frameworks and leveraging metrics that matter.

The second coming of Google Penguin – Penguin 2.0 – will address bad link-building and linking practices, penalizing sites that use unsavory techniques to help improve visibility within the SERPs. Google’s team will evaluate a huge amount of data to learn more about 'bad' - or non-organic - links, combing through the mountains of data on the Internet to locate the spots where bad links live. What does it mean for hoteliers? What should hoteliers do? The article provides a concrete action plan and advice to help hoteliers get ready for this important Google algorithm update.

Additionally, the company has executed a total of 83 new domestic contracts within the first quarter of 2013, a 30-percent increase over the same period of the prior year.