Wyndham⁢ to Expand Presence​ in Colombia‘s Coffee Axis ‍with New Armenia Hotel

Wyndham Hotels & ‌Resorts, a global⁢ hospitality leader managing⁣ a portfolio of ​25 brands including Super 8®, Days Inn®,⁣ Ramada®, and ‍Wyndham®, is planning a new hotel in Armenia, Quindío, within Colombia’s Coffee axis region. The project, ⁣”Dazzler by ​Wyndham Armenia,” is being positioned as a key‌ investment prospect and a response to growing tourism demand in the area.

The Coffee​ Axis is a prominent tourist destination in Colombia, contributing ⁢nearly 6% to ⁤the⁤ regional GDP and supporting over 8,300 registered ⁣tourism operators. Recognized by UNESCO as a World Heritage Site for ⁢its ‍Coffee Cultural Landscape, the region is experiencing increasing visitor numbers – nearing one million annually – creating a⁢ critically importent need for expanded‌ hotel infrastructure. According ⁣to Proesas CEO, the​ region‌ currently faces a “very large deficit of beds.”

The Dazzler by Wyndham Armenia project is structured ⁣as a trust rights sale, allowing investors‍ to participate with an investment of 69.9 million pesos and generate income through ⁤hotel operations.⁢ Diplomat,a hotel management and⁣ marketing company with 32 years of experience and a prior working relationship with Wyndham on similar projects,will operate the hotel.

Construction is anticipated to begin in mid-2027,⁤ following⁤ the achievement ​of ⁢the project’s break-even point.Sales commenced in early November. The development is projected to generate approximately 400 direct and⁤ indirect jobs during the‌ construction phase, and an additional 30‍ jobs during‌ the ‌operational phase.

Constructora Proesas General Manager, ⁢Luis​ Carlos Duque, emphasized⁤ the project’s meaning, stating it represents “a gateway to‌ new investment opportunities in Quindío, with the support of a global brand and the quality seal of leading Colombian companies.”

The hotel’s architectural design,⁤ led by Andrés Felipe Duque Gómez,⁢ focuses on ‍”elegance ⁣and functionality,” aiming to create ‍a serene and agreeable experience. Sustainability is ‌a key component of ‍the design,incorporating ⁤features⁢ such as a water/energy efficient heater system with recirculation,solar panels for common areas,an electric vehicle charging station,and a solar tree.

Tech and Consumer Giants Announce ​Significant Layoffs ⁤Amid Economic Uncertainty

A‍ shift ⁤is underway as companies ‍move from hiring freezes to active​ workforce reductions. ⁣After years of ‍maintaining payrolls despite economic ⁤uncertainty, major multinationals like Amazon, Verizon,‍ and Nestlé are now announcing ample layoffs in response to a more volatile global⁢ landscape. This environment is characterized by trade⁣ tensions, the impact of ⁣previous tariff ​policies, and broader economic slowdowns.

Nestlé⁢ is ⁢undertaking a significant restructuring, planning to cut approximately 16,000 ​jobs globally. ‍While the majority of⁤ these cuts ⁢will affect office-based roles, positions​ in production and logistics will also be⁣ impacted. This move ⁣is part of a larger efficiency plan aimed at streamlining⁤ internal organization, eliminating redundancies, and speeding ⁢up decision-making.Nestlé is also increasing its savings targets, signaling a focus on cost control rather than aggressive growth.

Amazon is preparing for its largest corporate layoff as 2022,potentially eliminating up to 30,000 office positions – ⁤roughly 10% of its corporate workforce. Affected areas include People Experience and Technology, Operations, ⁤Devices and Services, and Amazon web Services (AWS). CEO Andy‍ Jassy is driving a reduction⁣ in bureaucracy and management layers, ‌utilizing internal ‌feedback mechanisms to implement ⁣operational changes. Amazon acknowledges that increased productivity through⁣ automation and ⁣AI ​is ‌enabling these cuts. While AWS revenue grew 17.5% in the second quarter to⁢ $30.9 billion, it is currently growing at a slower⁤ pace than competitors Azure and Google Cloud.

Verizon recently joined this trend, announcing a major restructuring under new ⁢CEO dan Schulman. The company plans to reduce its non-union workforce by up to 20%, impacting over 13,000 ⁢employees. This ⁤restructuring aims to simplify the company’s​ structure, reduce costs, ‍and improve competitiveness following two consecutive​ quarters of subscriber losses.The cuts will affect retail​ staff,customer service⁣ representatives,and ‍some executive positions.

Access ​Global markets: Investing⁢ in ‌International ‍Companies Through the Colombian ⁤Stock Exchange

Colombian investors now have a pathway to owning shares in some of the worldS largest companies thanks to the⁤ Colombian Global Market (MGC), a⁢ system operated by the BVC (Colombian ⁢Stock Exchange).The MGC allows the public to buy and sell foreign securities​ listed on international ⁣markets, offering diversification and access to a broader‌ investment landscape.

Recently,‍ Microsoft became the final member of the “Majestic Seven” – Apple, Microsoft, Amazon, Alphabet (Google), Meta (Facebook),⁣ Nvidia, and Tesla – to become available through the MGC. This provides investors focused ⁣on the technology sector with the ⁣opportunity to ⁤invest in any of these seven⁤ influential companies. Current​ market activity, like‍ Tesla’s recent ‍quarterly earnings report, is already drawing investor⁣ attention.

How to Invest:

The process involves four key steps. First, investors must select a Stock Broker Company. Second, seeking professional advice⁢ is crucial, as these investments⁤ carry inherent risk. Davivienda Corredores emphasizes the importance⁤ of understanding the potential risks and rewards with the guidance of an investment advisor.⁣ Third, investors deposit ⁢funds ​and ‌choose​ assets ⁣aligned with their stock market‌ expectations. ongoing ⁢monitoring of the investment, ideally‌ with continued professional guidance, is recommended.

Tax Advantages &⁢ Long-Term Outlook:

Investing through the MGC offers potential tax benefits. Carlos Guayara, ⁢co-founder of Trii, points out‍ that ⁤investing directly on international platforms can⁤ result in capital gains taxes ‌as high as 40%, ⁢while ‍investments channeled through⁢ the BVC may be subject to a ⁢maximum of ‌10% under specific tax ‍regimes,​ or potentially no tax at all.

Guayara stresses the importance of​ a long-term investment​ horizon. ​”At least you have to give yourself five years with an investment,” he advises. Understanding risk‍ tolerance ⁣and‍ staying informed are also⁢ vital components ‌of a successful investment strategy. “You don’t have to be an expert, but you ⁤do have​ to be​ aware of the news and ‌have context,”⁤ he adds, ‍encouraging potential investors to take action rather than ‌remaining on the sidelines.

Beyond the Magnificent Seven:

The MGC isn’t limited to just the tech giants. Investors can also access companies across various sectors, including healthcare (Pfizer),⁢ finance (Bank ⁢of America), retail ⁣(nike, Falabella, Cencosud), automotive (Ford), and transportation (Uber), among‍ others. ‌ All⁣ transactions are conducted in Colombian pesos,‍ and the ‍MGC‍ offers both ‌individual company shares and Exchange Traded Funds ⁢(ETFs) as investment vehicles. The BVC highlights⁢ the MGC’s potential to diversify portfolios​ and expand global investment opportunities.

MGC Performance – January to July:

Recent data ⁢from the BVC shows notable activity on the​ MGC.‍ Between January and july, there were approximately 182,675 transactions involving ​45,782 investors. By ⁤volume, Nu currently​ holds the largest‌ share at 28.5%,​ followed⁢ by the Ib01 and Cspx funds‍ with 33.1% and 19.4% respectively. Individual stocks also feature prominently,⁤ with ⁤Nvidia accounting for 8.8%, ‍Google for ⁣4.8%, ‌Nike for 3.2%,‍ and Apple‌ for ⁤2.2% of trading ​volume.

Japanese Cars Lead the Way in Retaining Value, New Study Shows

While most ⁣new cars experience a significant drop in value‌ over time, certain models hold their price remarkably ‍well. A recent analysis by ​US News,⁤ focusing on 2022 model year vehicles, reveals that Japanese cars, particularly those manufactured by Toyota, demonstrate the lowest depreciation rates after three⁢ years of ownership.

The‌ study determined the average ⁢financial loss for each vehicle ⁤relative to its initial purchase price. Topping the list is the Toyota Corolla Cross, exhibiting a minimal depreciation of just 2.63%, equating to a loss of only $662. this indicates owners retain nearly the full value of their ‍investment after three years.

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Toyota’s strong performance extends beyond the Corolla Cross. The 4Runner, C-HR, and Tacoma‌ truck all maintain depreciation rates below 6%, highlighting Toyota’s consistent reputation for reliability and durability – a quality recently⁤ acknowledged with a ranking as one of the most trusted automotive ​brands in the US.

Beyond Toyota, other Japanese automakers also fare well. ⁤the Subaru Crosstrek secures the fourth position with a depreciation of only 4.90%, largely attributed to its standard all-wheel drive capability.The ⁢Honda​ Civic and ​Nissan Versa also appear within ⁢the top ten, further⁢ supporting the trend of ⁣superior value retention among Japanese vehicles.

Breaking ⁤the Asian dominance,the Ford Mustang emerges as the sole ⁣American vehicle on the list. With a depreciation rate of 5.41%, the Mustang benefits from its iconic status, timeless design, and continued appeal to ⁤buyers. Its position as one of the last remaining⁣ gasoline-powered sports​ cars further contributes to its market value.

Conversely, the analysis indicates that Korean vehicles tend to⁣ depreciate more rapidly. The Kia Rio, such as, experiences a depreciation rate approaching 8.5%.