First Investment by Colombian Terranum in Costa Rica

With an investment of $16 million the Colombian developer Terranum has inaugurated Hotel Aloft.

Friday, February 3, 2012

The building is located in Santa Ana will be managed by Starwood Hotels & Resorts.

"Paul Downey, general manager of Aloft Costa Rica, said that this line has existed since 2008 and has about 60 hotels around the world", according to an article in Elfinancierocr.com.

"The Aloft design offers a ‘re-mix lounge’, an area for rest or entertainment, where there is a bar, internet access, pool table, and a ‘refuel’, an area with self-service gourmet meals, light snack options and sandwiches and coffee combinations", he added.

More on this topic

Colombian Hotel Chain Invests in Central America

March 2012

The Colombian Decameron Group is expanding its investments in Latin America in 2012, including the opening of two hotels in Costa Rica and one in Panama.

In Costa Rica, Decameron will open this year a 330-room Royal Decameron Irazu in San Jose, and one in Jaco Beach, with 130 rooms.

Courtyard Hotel Inaugurated in Panama

June 2011

Grupo Poma have invested more than 5 million to build 120-room hotel.

In order to expand options for business travelers and tourism in the city of Panama, Real Hotels and Resorts chain, a subsidiary of Grupo Poma in Central America, will open this month the second hotel by the Marriott chain in the country.

Pacific Hotel Boom in Panama

December 2011

The beaches of the province of Cocle have aroused the interest of investors, as well as domestic and foreign tourists.

The construction of hotel projects such as Buenaventura, Breezes, Playa Blanca, and Decameron Royalton Luxury have contributed more than 2,500 rooms to the sector.

Hotel DoubleTree By Hilton Opens in Panama

November 2011

With a $30 million, the new hotel has opened its doors in the Panamanian capital as part of the multinational hotel chain.

The hotel will have 213 rooms of which 18 will be executive suites, 60 will be doubles and 117 will be "Kings". It plans cater for every kind of tourist and visitor.

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