According to STR, hotels in the Central and South America regions recorded mixed results in the three key performance metrics when reported in U.S. dollar constant currency during July 2016.
According to STR's June 2016 Pipeline Report for Central and South America, over 66,352 hotel rooms in 417 projects Under Contract in the Central/South America region.
A vast majority of real estate investors intend to increase their property acquisitions in 2016.
London's West End continued to be the world's highest-priced office market but Asia dominated the world's most expensive office locations.
Miami's real estate market remains a top destination for foreign buyers despite economic slowdowns in Latin America and Western Europe.
According to the Miami Association of Realtors own website stats, Brazil topped the list of foreign countries conducting online searches in January 2015.
Host country experienced strong hotel performance gains during the months of June and July.
STR Global reported this week that hotels across the Americas region recorded positive results in the three key performance metrics.
New York and London have been named as leading international cities of the world.
U.S. billionaire Donald Trump has purchased a golf resort in County Clare, Ireland, marking the first Trump Hotel Collection property in Ireland. The property mogul's organization completed the purchase of the oceanfront Doonbeg Golf Club.
London's West End is the world's most expensive office market, surpassing Hong Kong-Central, according to a report from CBRE. With occupancy costs of $259.36 per square feet per year, the U.K. location topped the most expensive list.