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Hotel Finisterre Opens in Panama

Hotel Finisterre Suites & Spa opened its doors in Panama City; it required an $18 million investment.

Thursday, May 27, 2010

©image: Michael Nyika

Located in España Avenue, the hotel currently features 70 rooms, and it plans to inaugurate an additional 56 in July.

“Fidel Reyes Esquer, general director of The FR Hotel, the company that operates the hotel, remarked that they’ve taken care of all the details to ‘offer a first class product with warm and professional service“, reported Laestrella.com.pa.

Source: laestrella.com.pa

Key entities

Finisterre Suites

Countries

Panama

Insight

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Six New Hotels in Panama

February 2009

Le Meridien, Bristol Buenaventura, Nikki Beach, Finisterre Suites, Breezes Superclubs and the Radisson del Summit Golf & Resort anticipate opening their doors this year.

Fidel Kings, Vice President of the American Chamber of Commerce (Amcham) and Director of the firm FR Consulting, informed Prensa.com: "Bristol Buenaventura, a complex that includes 120 rooms and residences will debut tomorrow.

More Hotel Rooms in Panama

June 2010

Before the end of the month Marriot will inaugurate a new tower and Finisterrre Hotel will enable 100% of its facilities.

With the new tower, Marriot will add 91 rooms to the hotel’s existing 298. Annete Cárdenas, Maarketing director, remarked that all the rooms have been completely remodeled.

Five New Hotels to Open in Panama

October 2010

With a $ 56 million investment, the new projects aim at the business market.

In the area of El Cangrejo, with a $ 10 million investment, a Howard Johnson will be built managed by Fr Consulting, who announced construction of two Hampton Inn, one on Via Argentina and another in the sector of La Boca.

La Quinta Hotels To Invest $25 Million in Panama

March 2010

The hospitality franchise will build 13 hotels in the next 7 years, for a total 500 rooms.

Construction of the first of them will begin by the end of 2010, in Pan Canal shopping mall, Albrook, Panama City.

“Lincoln García, president of Interoceanic Hotels, explained that they aim for upper middle class customers. 'Panama currently has either luxury or cheap hotels. We want to add a new option for middle class tourists'”.

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