[Hotel Executive] All eyes on Argentina; hotel opportunities on the rise, co-authored by Eli Karakchian (SHA ’18)
What’s causing Argentina’s hotel development and tourism industry to catch the eyes of international markets? Eli Karakchian (SHA ’18) looks into this frontier market in a recent co-authored article, published on Hotel Executive.
Hotel development and tourism are on the rise. See what’s causing this frontier market to gain international exposure in a recent article co-authored by Eli Karakchian (SHA ’18).
“In addition to its economic measures, which (among others) led to settle the country´s multi-billion-dollar debt and aid in the foreign exchange conflicts by favoring free trade deals with the United States, Argentina has shown great effort in pursuing transparency, — clearly showing its commitment to regaining the confidence of the international markets. Experts have now started to consider Argentina a frontier market. This title gives the country a competitive advantage with international investors as they see potential within such markets. While frontier destinations may have higher risks because they are emerging markets, the potential return on investment is also quite strong.”