In September 2022, Advent International invested in GHL Hotels, a Colombia-headquartered third-party hotel operator with 62 properties in Colombia, Perú, Chile, Argentina, Ecuador, Central America and Spain.
With Advent’s support, the company created development initiatives as a screening process for locals to potentially work with GHL. Many of these initiatives target women to increase gender parity in the company’s workforce. As of September 2023, 43% of its 4,300 employees identify as female. GHL also aims to enhance environmental sustainability by cutting single-use plastic bottles by 50%, eliminating plastic straws and ensuring 100% of its cleaners are biodegradable by year-end. The company’s Blue Initiative Program encourages guests to reuse linens, resulting in a 6% energy and 7% water consumption reduction in 2022.