HVS Key Takeaways: Hotel Opportunities in Latin America (HOLA) 2016

Luigi Major | June 1, 2016

By Luigi Major The 2016 HOLA conference roused both enthusiasm and caution for Latin America's hotel industry. Major markets benefit from their alignment with the U.S. dollar, but hurt from oversupply. Smaller markets, however, may be poised for growth. This year's Hotel Opportunities in Latin America (HOLA) conference opened with mixed signals. On one side of the picture, the drop in commodity prices, historic increases in hotel supply, and weaker exchange rates continue to impact Central and South American economies, now in the fifth year of an economic slowdown and the second year of recession. On the brighter side, an increasing amo...