This is a collection of the most creative restaurant designs in the world, from risky and modern to traditional and laid back. This compilation of vivid photographs and detailed layouts gives examples ...
Lodging Econometrics (LE) is trimming its forecasts on new hotel openings in Latin America for 2009 and 2010. Construction starts are likely to remain near their cyclical lows as lending continues to be tight and hotel performance gets pressured by factors from the global economy to pullbacks in travel and health warnings. LE predicts pipeline totals will bottom out by 2011.
But the news isn't all bad, according to the Portsmouth, N.H.-based firm, which tracks global hotel real estate. Cancellations and postponements, while elevated, have started to decline. And Latin America should see 151 new hotels with more than 26,000 rooms opening next year and 132 properties with nearly 24,000 coming on line in 2011. South America is where the action is, with 57 percent of planned new openings. And no countries are hotter in the region than Argentina and Brazil, which boast 75 percent of the continent's new hotel pipeline. Some other destinations to watch; Colombia and "possibly Chile and Mexico"-countries, along with Brazil, that could experience economic recovery that's ahead of other developed countries worldwide.
Did you enjoy this article? Click here to subscribe to the magazine.
