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Source: Reuters

Dashed hopes for Mexico oil boom leave Gulf Coast hotels idle

Saturday 06:05 GMT

When a Mexican real estate investment trust bought four hotels along the country’s Gulf coast operating under the Marriott, Quality Inn and Fiesta Inn brands, it expected the government’s recent energy reform to attract droves of oil executives, engineers and technicians.

Although many in the sector are hopeful that hotels will again fill with oil workers as firms that won contracts in Mexico’s early auctions begin deploying staff, Gulf Coast hoteliers worry travelers will be deterred by the country’s worst ever surge in violent crime.

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