Hotel Brands Want to Be in Mexico But Investors Look Elsewhere
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Relatively strong pandemic performance in Mexico may attract brands, but investors want the discounted pricing that comes with a troubled asset. Michelleraponi / Pixabay
Skift Take: The large supply of independent hotels in Mexico is a massive opportunity for companies like Marriott and Hilton to quickly beef up their portfolios without the drawn-out process of new construction. Investors, however, will likely favor markets that performed worse during the pandemic.
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