SANTIAGO, Chile (December 2006) – As part of its continued growth, Grupo Posadas recently celebrated its latest brand opening of The Caesar Business Santiago Centro.  As part of a real estate development of over $10 million dollars, the hotel shares space with offices and a medical center.  This is the eighth enterprise under the Caesar Business brand in South America and the first outside Brazil, where all of the other hotels are located.

As part of the Caesar Business brand, the new hotel offers state-of-the-art infrastructure and technology for visiting executives.  With a total of 142 guest rooms, including two executive suites, Caesar Business also boasts space for business events or social gatherings, with a meeting room which accommodates approximately 180 people.  The hotel’s main restaurant serves international cuisine, influenced by the South American gastronomy.  For more information call:  8008 02 237.

Grupo Posadas, with over 37 years in the hotel marketplace, operates 97 hotels and more than 18,000 rooms in 50 beach and city destinations in Mexico, Brazil, Argentina and Chile.  In Mexico, the company operates 20 percent of its rooms in the tourism segment.  Its eight hotel brands are Aqua, Fiesta Americana Grand, Fiesta Americana, Lat 19°, Fiesta Inn and One Hotels in Mexico, and in South America, it operates Caesar Park and Caesar Business, making it the leading Mexican hotel operator in Latin America.  Grupo Posadas has been listed on the Mexican Stock Exchange since 1992, with the ticker symbol “POSADAS.” For additional information, visit its website www.posadas.com.

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Media Contact: Elizabeth Ortega, Ypartnership, (407) 838-1817 / Elizabeth.Ortega@ypartnership.com