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Nobu Hospitality has witnessed tremendous growth spanning five continents, with the new launch of Nobu Hotels into South America.

Hertz Global Holdings has entered into a long-term strategic partnership agreement with Localiza, one of South America’s largest rental car companies.

STR’s May 2017 Pipeline Report unveiled 60,167 keys in 385 hotels under contract in Central and South America, a 10.3 percent decline in rooms compared to May 2016.

Mandarin Oriental Hotel Group has announced that it has signed a management contract to oversee, and brand, a 310-key hotel currently operating in Santiago, Chile, under the Hotel Corporation of Chile.