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Express hotels.


The big hotel chains are exploiting a new niche to grow in Mexico: three-star hotels for traveling businesspeople. The American group Choice Hotels has already announced that it will bring its Comfort brand to the country. And Grupo Posadas Posadas (pōsä`thäs), city (1991 pop. 211,297), capital of Misiones prov., NE Argentina, a port on the upper Paraná River. Its industries include woodworking and metallurgy. , the largest hotel operator in Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. , will inaugurate in·au·gu·rate  
tr.v. in·au·gu·rat·ed, in·au·gu·rat·ing, in·au·gu·rates
1. To induct into office by a formal ceremony.

2.
 its first Mexico City low-cost hotel within eight months.

Three-star hotels have all of the basic services basic services,
n.pl frequently insurance companies split dental procedures into basic and major categories. Basic services usually consist of diagnostic, preventive, and routine restorative dental services.
 needed by a business traveler and cost, on average, US$50 per night. The increased interest of the chains in this segment hinges on the fact that in Mexico there is a large offering of four- and five-star hotels and the lowered budgets for corporate travel.

[ILLUSTRATION OMITTED]

The hotels already installed in the Mexican market that will give the new players a fight are Grupo Presidente (with Holiday Inn), Accor (with Ibis ibis (ī`bĭs), common name for wading birds with long, slender, decurved bills, found in the warmer regions of both hemispheres. The body is usually about 2 ft (61 cm) long. Most ibises nest in colonies. ) and the local City Express. For now, three-star hotels are barely participating in Mexico's hotel market, with 19 percent of all registered rooms. In contrast, five-star establishments compose 35 percent of the total.
COPYRIGHT 2005 American Chamber of Commerce of Mexico A.C.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Mexico
Article Type:Brief Article
Geographic Code:1MEX
Date:Nov 1, 2005
Words:171
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