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Bogota’s Hotel Industry Boom

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Bogota hotel industry attracts several international chains.

JW Marriott Bogota to open July 2010

JW Marriott Bogota to open July 2010

Have you heard about Bogota, Colombia attracting a lot of attention as an important and attractive destination for tourism and business lately? Well, it’s true and for several good reasons. The capital of Colombia is now as safe, and in some cases safer, than many cities in the U.S. It’s also a sophisticated, culturally diverse, and exciting gateway to South America.

Experts foresee an ever increasing number of visitors to the city in coming years and this will require a lot of hotel rooms. Fortunately, Bogota will be equipped to accommodate these large numbers of visitors with dozens of hotels ranging from independent boutique hotels to 5-star luxury suites. Without a doubt, the Bogota hotel industry will have you covered, no matter what your budget is.

A study conducted by Collier International gives the Colombian government credit for the arrival of so many new hotel chains, thanks to incentives set for the sector by way of attractive tax exemptions. Those who have helped build hotel infrastructure in the country have had great success, especially in Bogota, where quality and quantity of supply have increased significantly.

The J.W. Marriott, Hilton, Sonesta, Hyatt, and Spanish hotel chain NH are just some of the hotels that are currently under construction in Bogota and slated to open throughout 2010 and 2011. In addition to these there are also several local chains that continue to expand within Bogota and around the country, building new properties to meet demand. Other hotel chains that already have experience in Bogota’s hotel industry include, Sheraton, Accor, GHL, Crowne Plaza, Royal, and Summit.

According to the Colombia es Pasion webpage there are 14 luxury hotels being built in Bogota at the moment. It is estimated that between the years 2004 and 2012 approximately 4,000 new rooms will have been built, the majority of which belong to foreign hotel groups.

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