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Hotel Destinations - South America 2017

​As predicted, the economic downturn that commenced in 2014 and was expected to persist into 2016 most certainly has done so. In fact, while improving, 2017 is expected to end on a lackluster note. Real economic recovery, especially in Brazil and Argentina, is not expected to gain sustained momentum until 2018. So, it would appear that this economic deceleration has, indeed – like Hurricane Harvey – sat parked over the region for almost four years.

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