HotelsMag July-August 2022 | Page 67

says Advent ’ s aggressive investment in GHL means it is bullish on the development of both business and leisure travel across the board in Latin America . “ It ’ s certainly a region poised for growth ,” he says . “ Markets are very close to the United States and we ’ re already seeing the rebound . So , we ’ re bullish – not only on the demand , but also on investing in these countries that are welcoming foreign investment … We focus very much on the quality of the companies we invest in , and we were attracted here to the quality and track record of GHL .”
WE UNDERSTAND VERY WELL THAT TALENT DEVELOPMENT AND RETENTION IS CRITICAL IN THIS PROCESS . WE ARE ALREADY STARTING TO DO SOME INTERNAL MOVES TO MANAGE THE GROWTH . AND , OF COURSE , THIS NEW PARTNERSHIP WITH ADVENT GIVES US ALL THEIR KNOWLEDGE , AS WELL .
– JORGE LONDOÑO
As North America ’ s leading third-party hospitality management company , Crescent Hotels & Resorts is trusted by Marriott , Hilton , Hyatt , IHG & more to deliver brand promises to guests each and every day . Our leaders leverage the latest technology to create superlative results for our owners .
From development to repositioning to operations , including tailored solutions for independent and lifestyle hotels in our Latitudes Collection , Crescent offers performance hospitality perfected .
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Lily Hu Senior Vice President , Business Strategy Lily . Hu @ crescenthotels . com
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Michael George , Founder , President & CEO