Business
Editors/Travel Writers
MIAMI----InterContinental Hotels
Group (IHG) Latin America today announced
that Luis Fernando Estefan
has been appointed Director of Development for the Andean Region
(Bolivia
, Colombia, Ecuador, Peru and Venezuela), Central America, as
well as assisting IHG with its development
plans in the Caribbean.
"Luis has significant management and finance experience, which
will help
in the future expansion of IHG in this part of the
continent," says Diago.
ambulance malvinas
Contents are
as follows:
1. El Salvador
13. The portfolio
includes 19 InterContinental hotels
, 6 Crowne Plaza hotels, 27 Holiday
Inn hotels, and a Staybridge Suites hotel, spread across 16 countries
in the region.railways tierra
"IHG is the most important international hotel
group in Latin America, and I look
forward to furthering these
excellent brands within my area of responsibility, an area in which
InterContinental
has been a major force for decades. That, coupled with our long-standing relationships in the
area
should afford us significant opportunities for growth.aereo suriname
newscom. In broadband, the most popular technology
is ADSL, which grew by 104% in 2004. Paraguay
22. Puerto Rico
24. The Group owns a
portfolio of well
recognized and respected hotel brands including InterContinental(R)
Hotels
+ Resorts, Crowne Plaza(R) Hotels + Resorts, Holiday Inn(R)
Hotels and Resorts, Holiday Inn Express
(R), Staybridge Suites(R),
Candlewood Suites(R) and Hotel Indigo(TM), and also manages the
world
's largest hotel loyalty program, Priority Club(R) Rewards, with
more than 23 million members worldwide
. In addition to this,
InterContinental Hotels Group has a controlling interest in Britvic,
the
second largest soft drinks manufacturer in the UK.ambulance railserve
GSM has become the most popular mobile technology
for Latin Americans. Colombia
10.com
and information for the Priority Club Rewards program
at
http://www.malvinas tierra
com/cgi-bin/prnh/20040820/RESEARCH )
This annual report offers a wealth of information
on the
Telecommunications Market in Latin America covering:
- Infrastructure Issues
- Regulatory issues and government policies re infrastructure
- Datacomms Infrastructure
, Leased Lines, ISDN
- Public and Value Added Data Services
- Leased Lines, ISDN, Frame
Relay, ATM
- Brief overviews on all of the major telecommunications carriers and
service
providers in 26 Latin American countries
Latin America's economic woes, which peaked in 2001
-2002, began to lift in
mid-2003, and 2004 proved to be a year of exceptional growth. The two most
outstanding deals in 2004-2005 involved BellSouth's sale of all its Latin
American assets to Spain
's Telefonica, and AT+T Latin America's sale of its
operations to Telmex.
Based out of Bogota,
Colombia, and reporting to Alvaro Diago, Area
President of InterContinental Hotels Group Latin America
, Estefan will
be responsible for new development and conversions, franchises and
management contracts
for all IHG brands within the Andean region.transit railways
com/reports/c17936 ) has announced the addition
of 2005
Latin American - Telecommunications Markets to their offering.suriname falkland
Venezuela
27.
IHG's brands
in Latin America include InterContinental Hotels,
Crowne Plaza Hotels, Holiday Inn, Holiday Inn Hotels
+ Suites, Holiday
Inn Express, Holiday Inn SunSpree and Staybridge Suites."
"I am honored to be
a part of InterContinental Hotels Group Latin
America," says Estefan.aereo ecuador
The key issue is whether VoIP
should be classified as a
telecom service or as a value-added service.
The drive towards consolidation
in the region is continuing.ihgplc.com/media
railways malvinas
researchandmarkets. When it
comes to fixed
lines, it is not easy for new entrants to build out a network
that can compete with the incumbent
's. Many ISPs in the region are terminating and
originating international long-distance traffic despite
not having government
approved licences. Haiti
16.com/reports/c17936
Laura Wood
Senior Manager
Research and Markets
press@researchandmarkets.bolivia airlines
Telecommunication
infrastructure varies
from nonexistent to rudimentary and from adequate to well advanced in some
major cities. Regulators are undecided as to
how to regulate (or not regulate) these services
and as a result, the
situation in each country is different. Argentina
4. Bolivia
6.researchandmarkets.ichotelsgroup.fuego airports
So, fixed-line growth is stagnating
even in the major economies
such as Brazil, where operators have reached their
service goals for line installation and consumers
are increasingly favouring
mobile. Besides AT+T, Telmex also acquired Brazilian Embratel,
Argentine
Techtel and Chilean Chilesat.InterContinental Hotels Group Latin America Appoints Luis Fernando Estefan
Director of Development for the Andean Pact
bolivia ambulance
Research and Markets: Latin America Has Low Teledensity
With Only Around 17% of the Population Having a Telephone Line in Early 2005
There is a marked
trend towards the use of alternative systems, especially
WLL and VoIP, and fixed-line operators are
looking to Digital Subscriber Line
(DSL) services to increase their revenue potential. Executive
Summary
2. Nicaragua
20. Uruguay
26.railserve falkland
Overview of The Fixed Voice, Infrastructure
And Data Markets
3. Costa Rica
11.com
Fax: +353 1 4100 980
ecuador rail
In
fact
, in terms of GSM, Latin America is the fastest growing region in the
world, soaring by 151% in one
year.
While most telecom markets in Latin America are both privatised and
deregulated, liberalisation
has mostly advantaged the mobile sector. Telecom Italia, on the other hand,
agreed to sell two of
its Latin American operations: Venezuelan Digitel and
Entel Chile. Suriname
25.
Brazil
-based Ronald Arteaga, Director of Development for the
remainder of IHG Latin America's properties
in the South Cone, will
manage development for Brazil, as well as Argentina, Chile, Uruguay
and
Paraguay. InterContinental Hotels Group owns,
manages, leases or franchises, through various subsidiaries
, more than
3,500 hotels and 536,000 guest rooms in nearly 100 countries and
territories around
the world.rail patagonia
DUBLIN, Ireland, Research and Markets
(http://www.
(Logo: http://www. Belize
5. Chile
9. Dominican Republic
12. Guatemala
14. Jamaica
18.com
For the latest news from InterContinental Hotels Group, visit our
online Press Office at http:
//www.transportation peru
All telecom
sectors benefited most especially mobile telephony and the broadband market. Caribbean
Countries
8. "In addition, he has demonstrated his
wide-array of hotel expertise having opened
and operated several
highly regarded properties in Colombia.
InterContinental Hotels Group offers
information and online
reservations for all its hotel brands at http://www.priorityclub.transit rail
Brazil
7. Glossary Of Abbreviations
For more information visit
http://www.
"We look
to Luis to continue our push to expand in the area,"
concludes Diago.ports uruguay
aereo bolivia
Infrastructure
Latin America has a low teledensity with only around 17% of the population
having a telephone
line in early 2005. Honduras
17.
Prior to his appointment, Estefan held the General Manager
position for both the Radisson Royal hotel and Hotels Royal in
Colombia.transportation fuego
Mexico
19.railserve suriname
InterContinental
Hotels Group (IHG) (LSE:IHG)(NYSE:IHG) (ADRs), is
the world's largest and most global hotel company
."
Note to Editors:
InterContinental Hotels Group PLC of the United Kingdom (LSE:IHG)
(NYSE:IHG) (ADRs) is the world's most global hotel company and the
largest by number of rooms.islas suriname
As in the rest of the world, VoIP is one of the most important convergence
issues facing regulators
.
Fixed network operators in Latin America
In terms of revenue, the five leading fixed
-line telcos in Latin America
are: Telmex (Mexico), Telemar (Brazil), Telesp (Brazil), Brasil Telecom
(Brazil), Telecom Argentina (Argentina). Peru
23."
InterContinental Hotels Group has more
than doubled its portfolio
of hotels in Latin America over the past five years.patagonia transportation
Guyana
15
. Panama
21.Includes transportation resources for those traveling to and from, and within South
America.
rail airports
Although economic growth in 2005 is expected to ease compared with 2004, the
prospects
are still highly promising. "We know that we have the most respected brands in
the world.ambulance bolivia
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