International Hotels Grows in Latin America

InterContinental Hotels Group Plc (IHG – Snapshot Report), the world’s largest hotel group by number of rooms, continues to expand its footprint in Latin America with its recent opening at Maracaibo in Venezuela. The hotel features 14,500 square feet of meeting space including 252 rooms, 300 self-contained parking spaces, and ball-room as well as guest rooms along with other amenities. The hotel is owned by Venezuela-based Promociones Hoteleras S.A., under the InterContinental banner, and managed by InterContinental’s America operating division. Read Article