
The company has signed a strategic agreement with a Private Investment Fund lead by Grupo Armas to promote development in this high-growth market
The Innside hotels respond to increasing demand from discerning and sophisticated city travellers prompted by the country's economic growth
Meliá Hotels International has taken an important step in its growth in Latin America with the announcement of an agreement to open 5 Innside by Meliá hotels in Chile together with the a Private Investment Fund lead by Grupo Armas, the first for the Innside by Meliá brand in the Americas after its rapid international growth over the past year.
The intense growth of the company continues with the addition of a new hotel around every three weeks, and 14 new hotels signed up in Europe, the Middle East and Latin America already In 2013.
The agreement involves the construction of 5 hotels by Grupo Armas which will be managed by Meliá Hotels International, and is very much in line with the strategies of both companies.
For Meliá,, it is an excellent introduction to a high-potential market in a region in which the Company has high brand recognition and a leadership profile which allows low capital intensive growth through hotel management agreements. In particular, the Hotel Group notes that this growth comes from the hand of a solvent group of acknowledged prestige as Grupo Armas.