India's trade with Latin America could go up to $50 billion by 2014 on the back of projected high economic growth in both the regions, said a senior government official. The Times of India Reports.
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Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) announced that its Westin brand has marked a milestone with the opening of its tenth hotel in Latin America – The Westin Guadalajara. Owned by Heldan Hotels & Resorts, The Westin Guadalajara is located in the heart of downtown Guadalajara, Mexico’s second largest city, and one of its fastest-growing metropolises. The new Westin features 221 guest rooms, an all day dining restaurant, ample meeting facilities and the full range of Westin signature amenities designed to inspire wellbeing.
“This new opportunity to work with Starwood is an important recognition of the high caliber of work that we have accomplished with Westin, in Mexico City with the recently opened Westin Santa Fe. We are confident that The Westin Guadalajara will become a landmark in the city.”
“We are excited to introduce Westin to Guadalajara as we continue to aggressively expand our footprint in key destinations across Latin America,” said Brian Povinelli, global brand leader for Westin Hotels & Resorts. “The Westin Guadalajara is a strong representation of the Westin brand and highlights our distinctive brand positioning, which is resonating with travelers in diverse international markets around the world.”
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Lufthansa will take advantage of strong economic performance in Latin America at a time when its businesses elsewhere are under pressure. Lufthansa has opened what it sees as key routes in recent months, including to Bogota and Rio de Janeiro.
Reuters reports.
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By Mitch Creekmore, CIPS, TRC
twiter @MexicoMitch
"The International Retirement Foundation has said that Mexico is still the number one retirement destination for North Americans."
"6,000,000 retired Americans will live in Mexico by 2025. That equates to an increase of 4,000,000 retirees over the next 14 years."
Recent headlines in U.S. newspapers and news agencies like CBS/AP and CNN have published articles about the Mexican government’s success in recent captures of notorious drug cartel leaders. Two of the most noteworthy arrests have come in just the last month. The head of the La Familia drug cartel, Jose de Jesus Mendez Vargas, aka “El Chango”, was arrested in the central state of Aguascalientes without incident. Of greater national interest both in Mexico and in the United States was the capture and arrest of Jesus Enrique Rejón Aguilar, known as “El Mamito”, the Zetas cartel founder and leader who was connected with the killing of U.S. Immigration and Customs Enforcement Agent, Jaime Zapata, on February 14, 2011. According to Mexico’s federal police anti-drug division chief, Ramon E. Pequeño, the arrest of Rejón is “a triumph for the Mexican government. El Mamito’s capture is emblematic because he was one of the original Zetas.”
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Our friends, Alternative Latin Investor, who recently brought you Real Estate Investment: Latin America 2010 – are launching ALI Premium which is specifically created for those interested in non conventional investments within the LatAm region such as: Art, Hedge Funds, Wine, Private Equity, Philanthropy, Real Estate, Agribusiness, and Commodities.
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– 1-202-905-0376
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