Operators of the Westin Lima Hotel & Convention Center are looking for a rebound in regional hospitality business in 2024 after increased hotel supply and social conflicts in Peru’s capital city muted pricing power for existing hotels last year. Andrés Rosero, general manager of the Westin property, said the second half of 2023 “showed a favorable change, and we have seen international tourists come back to the destination and to the hotel.” According to CoStar data, 24 hotels have opened in Peru since 2019, and 16 of those were in Lima. Hotel News Now>> A flurry of new office requirements in the city of London, totaling more than 1 million square feet, has lifted expectations for a contin
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