Popular:

The Spanish group NH places Mexico as a benchmark for its bet in America

The growth of the Spanish hotel group NH in Mexico, with plans to double its presence in the year 2020, is a reference for its commitment to America, said its operations manager today. Mexico and Cuba, the Spanish Jesús Arnedo.

Mexico, Nov 28 (EFE) .- The growth of the Spanish hotel group NH in Mexico, with plans to double its presence in the year 2020, is a reference for its commitment to America, said today its Operations Manager for Mexico and Cuba, the Spanish Jesús Arnedo.

"America is the continent with the most growth for NH, the bet for America is tremendous and Mexico is the a reference in growth, "Arnedo said in an interview with Efe in the Mexican capital.

Currently, NH maintains 15 hotels in operation in Mexico, the most recent opened this year in León, central state of Guanajuato, and its plans are to reach 30 units by 2020, in a scheme that the chain replicates in Latin American countries.

In addition, in the region The company operates 63 hotels with 9,000 rooms in eleven countries: Mexico, Argentina, Colombia, Chile, Brazil, Cuba, Ecuador, Venezuela, Uruguay, the Dominican Republic and Haiti.

Mexico "the plans are going pretty well," the director of expansion of the chain, Mexican Juan Carlos Reus, told Efe, referring to the six hotels that are planned to open in this country. during 2017 and 2018, two of them in Monterrey.

The executive also highlights the company's development in the continent and as an example mentions the projects in Peru, Chile and Colombia.

In Peru there are two projects under construction; acquisition of Royal hotels in 2015, he explains.

The exponential growth of the chain in Mexico is part of what Reus calls "asset-light", the English expression for the business model which consists of achieving administration and management contracts through which the group manages and manages the hotel properties.

"The investment is 100% of a local investor and What we do is properly manage these hotel assets, "says the director of expansion.

The" boom "of tourism in Mexico, with 26.8 million visitors and 16,000 million dollars in foreign exchange during the first nine months of 2017, has become an attraction for investments in the hotel industry.

Tourism "is a trigger and the one that has legal security (...) has increased the interest in investing in hotels, which are profitable businesses as long as they are associated with a brand, "he says.

Arnedo exalts that tourism It represents 10% of employment and of the gross domestic product (GDP) of Mexico and confirms that the Spanish hotel group wants to participate and be the protagonist of these "important figures for the economy. "

Ensures that over other brands, this group has the advantage of having the same language, the same customs, which allows you to understand with investors, beyond of the business model that is chosen.

"There are other brands that only because of the difference of language or mentality, there is a wall, we approach, we are flexible we adapt to what they can ask, "he says.

For Reus, the hotel company's current momentum is" quite solid "from the operational and development point of view, with 400 hotels and 60,000 rooms in 31 countries in Europe, America and Africa.

The group, which operates with the NH Collection brands, NH Hoteles, Nhow Hotels and Hesperia Resort, is in a sweet moment where we have to take advantage of to the maximum all the development, good operation and management that occurs worldwide, "he adds.

Comments 0

?
No comments for this article yet!
EUR/USD

EURUSD=X

1.1749 -0,00 -0,14%
USD/CHF

CHF=X

0.9899 +0,00 +0,07%
GBP/USD

GBPUSD=X

1.3317 -0,01 -0,79%
USD/JPY

JPY=X

112.5770 +0,21 +0,19%
USD/CNH

CNH=X

6.6016 -0,01 -0,09%
USD/CAD

CAD=X

1.2858 +0,01 +0,44%
IBEX 35

^IBEX

10150.40 -26,10 -0,26%
IBEX MEDIUM..

INDC.MC

15053.50 -64,80 -0,43%
IBEX SMALL ..

INDS.MC

6457.00 +5,20 +0,08%
IBEX TOP DI..

INDD.MC

3099.70 -9,00 -0,29%
FTSE LATIBE..

INDB.MC

1249.20 +9,20 +0,74%
FTSE LATIBE..

INDL.MC

8354.50 +126,90 +1,54%
Abertis Inf..

ABE.MC

18.50 -0,10 -0,51%
Actividades..

ACS.MC

32.33 +0,32 +1,00%
Acerinox, S..

ACX.MC

11.47 -0,06 -0,52%
AENA, S.A.

AENA.MC

169.85 +0,60 +0,35%
Amadeus IT ..

AMS.MC

60.10 -0,25 -0,41%
Acciona, S...

ANA.MC

68.56 +0,02 +0,03%
Financial S..

XLF

27.81 +0,39 +1,43%
VanEck Vect..

GDX

21.99 -0,07 -0,32%
SPDR S&P 50..

SPY

266.51 +3,54 +1,35%
Vanguard FT..

VWO

44.43 +0,12 +0,27%
Direxion Da..

TZA

12.47 -0,55 -4,22%
Utilities S..

XLU

55.02 +0,71 +1,31%
Cookies help us to offer our services.
Reset Password