In Argentina, the business of investing in hospitality and tourism is growing at a rate of 9% above the world average and the region, located on the 6 and 8.4% respectively. Maybe, “because it is the first time that a crisis like that affects not hit world markets to emerging markets like ours,” explains the analyst Arturo García Rosa, a consultancy HVS.Y also because the increasing level of positioned tourists last year to Argentina in second place in the region, with 4.5 million in 2007, according to statistics handling the Ministry of Tourism. In this context, the country also leads the investment levels that are underway in the region, with about $ 490 million. In business volume, they are Brazil, Peru, Colombia and Chile. The details emerged yesterday of the First Hotel Investment Conference in South America, which was attended by the Minister of Tourism, Enrique Meyer. The major hotel projects are coming from the hand of the big chains like Hilton, Starwood, Marriott and Hyatt, which are seeing places like Buenos Aires, Bahia Blanca, Neuquén, Rosario, Córdoba, Mendoza and eyed Deer, among others. Source: Chamber of Tourism of Mendoza
