The Hotel Investment OutlookMonday, August 17, 2009 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. Nicaragua Selected to Host CATHIE in 2009Tuesday, August 26, 2008 It was announced that the Central America Tourism & Hotel Investment Exchange will be held March 24-26, 2009, in Managua, Nicaragua. Hosted by BHN, CATHIE focuses on the hotel and tourism investment opportunities in the rapidly growing Central America region. The Foreign Investment Advisory Service (FIAS) of The World Bank Group is supporting the event, and all seven Central American countries (Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama) have been invited to become patrons of CATHIE. Last year’s inaugural event in Guatemala City, Guatemala, welcomed nearly 250 hotel and tourism industry leaders eager to network and learn about hotel investment opportunities in Central America. Investments in Central AmericaMonday, August 17, 2009 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. Residential Developments in Central AmericaMonday, September 10, 2018 Apartment towers in the capitals of Costa Rica and El Salvador, and a horizontal residential condominium in Panama, are some of the housing projects that are planned for construction in the following months. The interactive system "Construction in Central America", compiled by the Business Intelligence Unit at CentralAmericaData, includes an up to date list of public and private construction projects which are planned to be built in the short and medium term. $ 42 Million for Construction of “Green” Hotels in CAWednesday, December 15, 2010 The IDB approved the funding mechanism to develop at the most eight Marriott hotels. The Inter-American Development Bank (IDB) approved U.S. $ 42 million in long-term loans to finance a maximum of eight Marriott hotels, to be developed by Caribe Hospitality SA in Costa Rica, Nicaragua, Guatemala, Panama, Jamaica, Trinidad and Tobago, and Mexico as long as they comply with environmental standards and sustainability requirements. Guatemala Commits to U.S. Medical TourismWednesday, October 6, 2010 Out of Americans who seek medical care and welfare in 2012, the country expects to attract about 5,000 patients. According to a study made by Deloitte Report, supported by the Medical Tourism Association, it is expected for 9 million Americans to seek medical care in Latin America in 2007. Plastimagen Mexico 2010Wednesday, January 27, 2010 The International Fair of the Plastic Industry of Latin America and Mexico will take place from March 23 to 26 at the Banamex Center, Mexico City. Organizers expect the participation of more than 30.000 qualified buyers from 21 countries, plus the presence of over 800 exhibitors and 12 international pavilions. PURCHASE OPPORTUNITY Beverage magazine for SaleMonday, May 3, 2021 Beverage Industry Digital Magazine established in 1942, the oldest Spanish trade journal and the only beverage trade magazine serving the Latin American beverage market. It serves soft drink bottlers, brewers, bottled water and juice manufacturers, vintners and beverage distributors in Mexico, Latin and South America, and also in Spain and Portugal. Congress on Sustainable Tourism InvestmentsFriday, September 29, 2017 On November 13th and 14th Costa Rican entrepreneurs of hotel brands, investment funds and real estate developers will be meeting in Costa Rica to discuss sustainable investments in the industry. The event is being organized by the Costa Rican Tourism Institute (ICT) and will take place at the Hotel Real Intercontinental. Asia and Latin America Fight Over Medical TourismMonday, June 1, 2009 Strengths, opportunities, weaknesses and threats in both regions for an industry that continues to grow. Two large regions that are seeing their revenues grow from the medical tourism industry are Latin America and Asia. Both regions are developing economies and they have good health care options at low prices. The Wellness Tourism BusinessFriday, June 9, 2017 Using the Pura Vida Wellness concept, Costa Rica intends to take advantage of a global market valued at $563 billion, with tourists whose average spending exceeds 130% of global average tourist spending. The aim of the Costa Rican Institute is to develop this segment, which has great market potential, in order to diversify and consolidate the country's tourism supply. Global wellness tourism grew by 11% between 2013 and 2015, according to data from Global Wellness Tourism Economy. Frozen Fruits and VegetablesThursday, May 24, 2012 The global market for frozen fruits and vegetables continues to grow and is estimated to reach 22.6 million tons by 2015. Analysis conducted by the Trade Office of Costa Rica (PROCOMER) can be extrapolated to the entire region: Guatemala - Canada Trade OpportunitiesWednesday, July 19, 2017 On August 29 and 30, Canadian entrepreneurs interested in food products will be paying a visit to the country, and on October Guatemalan entrepreneurs from the touristic sector will visit Montreal. From a press release by the Guatemalan - Canadian Chamber of Commerce: Growing Demand for "Antiaging" ProductsTuesday, August 19, 2014 Projections are that the nutraceutical and nutricosmetics industry will grow at rates of between 10% and 12% in the next five years. From a statement issued by the Foreign Trade Promotion Office of Costa Rica (Procomer): Production ChainsFriday, October 26, 2012 An international conference is to be held with the title of “Getting the most out of Global Value Chains: Opportunities and Challenges for Latin America.” The Ministry of Foreign Trade (Comex), the Organization for Economic Cooperation and Development (OECD) and the Inter-American Development Bank (IDB) are inviting participants to the conference entitled: “Getting the most out of Global Value Chains: Opportunities and Challenges for Latin America.” |
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