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Crunch Bops Caribbean Hotel Development

Aug 25, 2009

In the first half of 2009, construction on 21 hotels in the Caribbean has been scrapped, says Lodging Econometrics, a US-based hotel real estate research firm. The corresponding period of 2008 saw the...

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There is performance risk that the market is going to have to evaluate and assess. I think that is very healthy for the market because that will enable us to finance a much wider range of projects.

Luis Fernando Andrade, Colombian National Infrastructure Agency


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