Mobility analysis and geomarketing techniques have become key factors in the real estate investment process.
In the process of searching and selecting areas for the acquisition of a property for real estate development, investors focus on finding those with the highest expected return on investment. This process, which until now was done using traditional financial and feasibility studies, has now become incredibly simple with mobility analytics and location intelligence based on Big Data.
With Big Data management techniques, companies can optimize their strategic business planning, by taking advantage of market and companies' data.
Big data has emerged as a powerful tool that organizations can use to leverage data-driven decision making for better strategic planning, determine which market niches of their products, are growing or shrinking, obtain traffic data of their stores or website, determining where they come from, what kind of devices they use, dwell time, and foot traffic patterns to help analyze which promotions and efforts are successfully driving their business.
An environmental impact study has been submitted for construction of a complex of 3 mixed-use towers in Guatemala City, which will house commercial premises, offices, apartments and a hotel.
Data from the interactive platform "Construction in Central America" compiled by the Business Intelligence Unit at CentralAmericaData indicates that, in September, Grupo Cuadra S.A. presented an Environmental Impact Study (EIA) to the Ministry of the Environment to build a mixed-use building in zone 10 of Guatemala City.
Grupo Krea plans to have the first phase of the project ready en Playa Monterrico, Santa Rosa by the first quarter of 2012.
The Guatemalan development project consists of hotels, villas and apartments distributed over an area of twenty hectares and will be built over a period of 5 years.
The USA’s emerging economic recovery and the growth in Guatemala's own economy are some of the reasons that have brought Grupo Krea to venture into this tourist development.
The crisis in the US has brought new competition challenges to the Real Estate business in our region.
Projects in Central America and in Nicaragua will need to present returns above 25% to compete with less risk and equal or better yield opportunities in the U.S. market due to all the distress sales available, foreclosures and REOs (repossessed bank properties) offering ROI’s (return on investment) above 63% annualized returns.
The latest comments about the world outlook for the Hospitality Industry as presented by ALIS Summer Update
As Jeff Higley (Editor-in Chief of Hotel and Motel Management Magazine) said in his “Twitter” page on June 2, the IREFAC (Industry Real Estate Financing Advisory Council) guys are the pulse of the industry. But, as he also noted, “…the IREFAC panel says the only way to get a phone call from your lender these days is to not make a payment.
Develhotel.com, the first online marketplace to help hoteliers and real estate developers work more efficiently, goes live today.
Backed by a team of hospitality and real estate development specialists, Develhotel.com, the first online market place for hotel development goes live today.
The official launch today of the first online marketplace geared towards hotel development is meant in the first instance to bring efficiencies to the hospitality industry by eliminating its geographical barriers. Also shareholders of hotel companies and real estate groups are looking for ways to dramatically reducing the cost of hotel development. Real estate investors, hoteliers and developers need to achieve reductions in the OPEX of their asset transactions. Develhotel is the answer to this more efficiency-conscious approach.
Develhotel.com is the new B2B online portal for the management and development of hotel projects and assets all over the world.
Organization that operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama
Phone: (34) 669117129
The project La Reunion Golf Club, in Antigua, will be inaugurated next March 28, with the opening of its golf course.
The complex covers 1.384 hectares, and will include 950 lots, villas and residences when completed. The project will also include a luxury hotel, an ecological boutique hotel, a spa, an observatory and a cultural center.
Roberto Roesch, co-developer, reports in a press release: "La Reunion will be the first Guatemalan foray into the touristic golf business. We hope to put Guatemala on the map as a world class golf destination, to attract both golfers and tourists to the resort".
The Reunión Antigua Golf Resort will open its doors to the public next January. The investment is coming from Guatemalans.
The Antigua Golf Resort offers an 18 hole golf course, a luxury apartment complex, a 35 suite hotel, and they expect the Hilton chain to build another hotel complex, Waldorf Astoria with 100 rooms, in the short term.
The resort is located in Sacatepéquez, next to Escuintla and five kilometers from the Los Volcanes racetrack.
The hotels division of the El Salvador-based conglomerate Grupo Agrisal spends to invest US$70 million in Central America over the next seven years, the division's chief executive Eduardo Quiñónez said.
Projects highlighted by Quiñónez include the construction of a hotel in San Salvador's Zona Rosa and a refurbishment and expansion to mark the 50th anniversary of the Hotel Radisson.