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Caribbean Hotel Pipeline Slumps

Mar 29, 2011

The pipeline of new hotel openings in the Caribbean is expected to weaken in 2011 and 2012 in comparison to 2010, Lodging Econometrics says in a report. The firm notes that this year, only 12 new...

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"[While] it’s good to build more infrastructure and increase investment, you have to be conscious about the macro effects of too big an increase in domestic demand, including of course public expenditure."

Julio Velarde, Peru central bank


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