NH Hotels Slated to Grow in Argentina, Mexico
06 July 2005 6:00am
Francisco Medina, Business Chief for the Americas at NH Hotels, said this week the company is seeking to pour some 23 million euros into the building and remodeling of resorts in Mexico and MERCOSUR countries, especially in Argentina.
Bent on moving beyond the city lodging concept, NH Hotels is putting its smart money on the Caribbean, chiefly in the all-inclusive category.
Nonetheless, the Spanish company is planning to make huge investments in Argentina´s urban hotels, “a segment,” Mr. Medina says, “we don´t want to abandon in the least.
