Friday, December 7, 2012

Posadas plans expansion


Posadas de México (Fiesta Americana, Fiesta Inns and One Hotels) has announced plans to open another 25 hotels, most of which will be owned by outside investors but managed by Posadas. The group currently owns, manages or franchises 105 properties, making it Mexico’s largest chain. Financially troubled, Posadas this year sold its holdings in South America.

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Jimm Budd
Reporting From Mexico City
Member of the Society of American Travel Writers

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