Argentina hotel sector advances 100 projects despite dollar cost squeeze
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Accor and Grupo Joseda signed an exclusive five-year agreement to develop the ibis brand in the Dominican Republic, starting with a 500-room ibis Punta Cana Airport property. This marks a significant expansion of Accor's economy segment in the Caribbean, with the first property targeting airport-adjacent demand. The deal signals confidence in Dominican tourism infrastructure and could attract further hospitality investment.
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