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George Soros invests in Latin American hotel market

The billionaire invested $300 million to fund expansion by Argentina-based Fens Hotels

George_Soros- WIKIPEDIA
From the South Florida website: An investment firm headed by Hungarian-born billionaire George Soros agreed to invest $300 million to finance an Argentine hotel company’s expansion in Latin America.
Soros’ investment will provide funding for as many as 5, 000 new hotel room over a three-year period in Argentina and other South American countries including Chile, Ecuador and Peru that Buenos Aires-based Fen Hotels will manage.

Read the full story at The Real Deal




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