Intercontinental Plans New Hotel in El Salvador

Álvaro Diago, Latin America's representative for Intercontinental Hotels Group (IHG), acknowledged that the country has vast potential for developing new hotels, but it requires more country marketing.

He added that the multi-purpose complex they are studying with Grupo Agrisal is currently in the architectural design phase, and that it would employ the Holiday Inn Express brand.

Source: elsalvador.com

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Nicaragua: Guacalito to Generate Around 10,000 Jobs

August 2011

Grupo Pellas has estimated that this will be the number of jobs generated once the project becomes operational.

The Guacalito Tourism Project, which is being developed by the Pellas Group on Nicaragua’s Pacific beaches will be inaugurated at the end of next year, company representatives announced.

New Hotel Investments in Costa Rica

February 2011

With a $ 20 million investment, the Hospiteum Corporation will operate two City Express brand hotels.

Scheduled to open in late 2011, the first one will be located in Cariari, Heredia. The other unit still does not have a specific location but would begin operations in mid-2012.

Bern Invests $40 Million in New Hotel in Panama

September 2010

The 200 room hotel will be developed in partnership with Westin Panama and Starwood Hotels & Resorts.

The construction of the new accommodation has already begun in the "Costa del Este" area of the Panamanian capital and is expected to finish by the end of 2012.

"Osvaldo Librizzi, Starwood president for Latin America, said that Westin Panama combined with Westin Playa Bonita will enable larger groups to be brought to Panama," reports Pa-digital.com.pa.

Panama: $1,000 million in Hotel Investments

July 2011

Marriott, Sheraton, and Hilton are some of the brands that will expand in the country.

The strong economic growth experienced by Panama is also being reflected in the tourism industry, whose investments are increasing every year.

Between this year and 2013 the major hotel chains, in some cases in conjunction with Panamanian capital and in other cases independently, are expected to build new hotels on the beaches and in the city.