Grupo Transhotel announces the agreement in principle reached with Grupo Hotusa for the acquisition by the latter of a majority interest of its shares.

Chile’s hospitality sector is investing heavily in the South American country amidst increasing tourist arrivals, said officials this week at Turismo Chile, the country’s tourism promotion agency. 

The Galapagos Islands’ Finch Bay Hotel has been recognized as South America’s leading Green Hotel by the World Travel Awards for the third consecutive year.

La Quinta Holdings Inc., owner, operator and franchisor of La Quinta Inns & Suites hotels, announced it has signed franchise agreements for new hotels in Nicaragua and Guatemala, marking the Company's entry into those countries.

A new luxury resort property has broken ground on the private island of Isla Pastor off the Caribbean coast of Panama. Construction has begun on the 37-suite first phase of the Sarani Resort in Bocas del Toro.

Desarrollos Hotelco Group, selected from five companies to redevelop the 124-acre ‘Club Med’ site is more than half way through its exclusive negotiation period of 120 days, chairman of the Bermuda Tourism Authority (BTA) David Dodwell said.