SAHIC: South American tourism grows above world average

MEDELLIN, Colombia — South American tourism keeps on growing above world average, a compelling reason to attend SAHIC 2018 to be held in Medellin, Colombia, Sept. 24-25.

Arturo Garcia Rosa.

Arturo Garcia Rosa.

MEDELLIN, Colombia — Arturo
García Rosa, president and founder of SAHIC, says Tourism
in South America keeps on growing above world average, a compelling reason to attend SAHIC 2018 to be held in Medellin, Colombia, Sept. 24-25.

data reviewed by WTO (World Tourism Organization) by the end of the first
four-month period of this year, show that the tourism growth perspective in a
global level has grown from 4 to 6 per cent, 50 per cent more than what was projected by the end
of 2017,” Garcia Rosa noted in his newsletter, LATAM e-News.

year, worldwide growth was 4.2 per cent, while for South America it was 7 per cent, high above
that average. Colombia led the pack among destinations contributing to this growth (28.3 per cent), followed by Argentina (21.5 per cent), Chile (16 per cent), Uruguay (18.4 per cent) and
Paraguay (21.1 per cent).

South America, established in 2008, is the premier hospitality and tourism
investment conference and the only meeting of its kind conducted in the

South America certainly contributes to understand where the industry is
today and where it is heading, but above all, it helps to understand where the
opportunities lie, how to meet the right partners and build the partnerships
that may increase business opportunities,” according to the SAHIC website.

Patricia Boo.

Patricia Boo.

The conference will open with a global and regional hospitality industry overview from Garcia Rosa and Patricia Boo, area director for STR Central and South America, followed by an area update from Munir Jalil, director and senior economist Andean Region, Citibank.

Jason Leinwand, executive director, financial markets, head of sponsor sales for Standard Chartered Bank will look at Managing FX Risks in the era of Bitcoins and Blockchain. He will examine the best strategies to protect and mitigate the currency risk during the development and construction phase in Latin America. 

Panel topics include: 

Jason Leinwand.

Jason Leinwand.

— Consolidation: How to avoid being swallowed in the process of market consolidation;

— Innovation: Trends in Hotel Design and Technology; 

— The Financial Agenda: Funding sources available for the region;

— Hotel Leaders' Hard Talk Sessions I & II: A view from the top on the stage of the cycle for Latin America's market and Spotlight on the Latin America's Hottest Markets;

— Investors & Lender's real intentions in Latin American markets;

— Asset Management: Discussing myths and truths on needing an asset manager to improve hotel performances

— Sustainable investment in Tourism: Working together towards a long-term sustainable growth in travel and tourism industry; and

— Brazil's Outlook in the Spotlight.

The program includes numerous
opportunities for networking  throughout the conference, from the
lunches, coffee breaks and sponsors exhibition to the evening reception.

South America brings together key influencers in the Latin America hotel,
tourism and real-estate investment market. Speakers are carefully selected
for their industry knowledge, experience and insight. 

Attendees are senior
figures and decision-makers; investors, hoteliers, owners,
lenders, suppliers from all areas of the hotel investment industry. 

Sponsors are a combination of companies that interact and provide business
solutions for building, improving and enhancing the industry in matters of real
estate, legal, design, technology and franchise, while also being a platform
to showcase new concepts to potential investors.

SAHIC 2018 venue, InterContinental Medellin, Colombia.

SAHIC 2018 venue, InterContinental Medellin, Colombia.