Lima will be the primary beneficiary of the investments, but these hotel brands and others also see the benefits of spreading out to meet demand across Peru.
Some markets are indeed gaining faster than others, but this year's numbers are enough to get operators agressively investing again following the great big project freeze of 2008.
Hotel demand has been on a steady upswing for the past three years in the U.S. prompting properties placed firmly in the economy sector to renovate or rebrand slightly higher than in the past.
The hospitality industry tends to dip and rise in rhythm with regional tensions, but these historic and religious destinations will continue to attract tourist despite a lack of stability.
With acquisition talks with Delta and Air France-KLM under way, Richard Branson could reduce his direct involvement with Virgin Atlantic, but don't expect the Virgin brand to make a quick exit.
Hotel brands have been busy shedding properties in favor of operating agreements over the last few years while private equity firms have been snapping them up piece by piece. Which side will come up on top?
It sends a red flag to guests when their peers don't take the time to post and makes properties look lazy for not engaging their customers in an online discussion given the current pervasiveness of social travel.
The most money is spent on overhauling websites where hotels are finding it's key to include guest reviews to establish a sense of transparency and trust with online bookers.
The Expedia settlement means its hotel-tax practices are not one-size fits all. It has to pay the full taxes in places like Columbus, Georgia, and New York, but can avoid them in locales where it has beaten back lawsuits.
High room rates and airfares are expected to increase worldwide, but only Asia’s growing business economy is expected to take the price hikes in stride and continue growing meeting opportunities.