Accor To Invest US$100 Million To Build 10 New Argentina Hotels

Patrick Archer competitiveness, foreign investment, hotels & casinos, lifestyle, real estate

Accor, the French hotel group which operates 3,500 properties worldwide, is planning to invest US$100 million and build ten new hotels in Argentina as part of an aggressive Latin American expansion. The announcement, made yesterday in a meeting between Accor representatives and Argentina’s Ministry of Tourism, is another foreign vote of confidence in the country’s future and the tremendous untapped …