Grand Hyatt will grow its presence in Latin America and the Caribbean over the next two years as several new properties come online.
Starwood Hotels & Resorts Worldwide announced it anticipates another strong year of growth in Latin America and the Caribbean in 2015.
The strongest growth in hotel rates in the first half of 2012 took place in Latin America, while hotel prices across the eurozone either fell or remained flat, according to new data from Hogg Robinson Group (HRG).