IHG's SVP of development in the CALA region talks about growing opportunities, especially in the luxury and lifestyle segment, and what markets are the hottest.
CORAL GABLES, Florida – Luxury and lifestyle mixed-use development
is becoming a bigger part of the equation for IHG Hotels & Resorts in the
CALA region. About half the deals they are making in the region today are
conversions, according to Paul
Adan, regional senior vice president, Development, MLAC for IHG, with Mexico
the most active market. Adan cited three recent deals for the Kimpton brand, as
well as deals for the more mainstream Holiday Inn and Holiday Inn Express
brands in Central and South America.
Hotel
Investment Today sat down with Adan at the recent ALIS CALA conference in Coral
Gable, Florida, to talk opportunities in the region.
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