Hotels
in Central America
Friday, February 3, 2012
With an investment of $16 million the Colombian developer Terranum has inaugurated Hotel Aloft.
The building is located in Santa Ana will be managed by Starwood Hotels & Resorts.
Thursday, January 19, 2012
The Panamanian government will announce in the coming weeks a tender for several tourist developments in the area.
The executive secretary of the Management Unit for Reverted Property (UABR in Spanish), Juan Carlos Orillac said they have already completed a development plan for the area prepared by the Spanish consulting firm C4T .
Thursday, January 19, 2012
The Hotel Ramada Herradura has been awarded a five-year management concession for the municipal beach resort in Puntarenas, Costa Rica.
The award process will become official once it has been published in the Gazette. The Mayor of Puntarenas expects that the company will assume management later this year.
Tuesday, January 10, 2012
Tourist activity for the start of the season and end of year 2011 recorded a 70.6% average hotel occupancy according to the results of a survey conducted by the National Chamber of Tourism.
A press release from the National Chamber of Tourism (Canatur) reads:
Monday, January 9, 2012
With an investment of $1,500 million more than twenty hotels will open their doors this year in Panama.
This will mean the incorporation of six thousand new rooms to the hotel industry market, said Sarah Brown, president of the Panamanian Association of Hotels (APATEL).
Monday, January 9, 2012
The economic and tourism boom has created an inordinate amount of investment in hotels, which is threatening to lower the occupancy rate to unsustainable levels.
The opening of more than 20 hotels has been announced for 2012, adding 6,000 rooms to the inventory offered by Panama, and representing an annual increase of 300% in the hotel supply, while the increase in the number of visitors to the country during 2011 grew by - 13%, which although significant, is far below what would be needed to keep up the hotel occupancy rate, which currently stands at 66%.
Tuesday, December 20, 2011
More rooms on offer will mean a 50% occupancy rate for hotels in the coming year.
Just this year over 600 rooms have joined the market with the openings of various hotels like the Trump, Victoria and Hilton Doubletree.
Hotel industry projections indicated that in October there would be an increase of 4% as a result of the climate change convention held in the capital city that month, but the occupancy rate reached 62.3% while in same month of 2010 it was 68.4%.
Friday, December 9, 2011
Spring Hotel Suites has plans to open new premises for December 2012 in Panama.
Ramon Hernandez, corporate president and franchise manager, told Prensalibre.com that the license will cost of $35 thousand and that some $650 thousand investment is needed.
Tuesday, December 6, 2011
Although the figure stood at 45% during the time of the crisis, it shows no variation when compared to in 2010.
The opening of two new hotels is, in the opinion of experts, one of the factors that has influenced the current occupancy rate in the country’s hotel industry.
One of the strategies that the hotels are using to increase the occupancy rates of their facilities is the improvement and expansion of existing infrastructure.
Tuesday, December 6, 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.
For Jorge Loaiza, from Decameron, some of the factors that have contributed to the development of the area are the weather (there is little rainfall) and easy access by road.
Wednesday, November 30, 2011
The hotel chain has announced plans to expand with the opening of a hotel in the city of Antigua Guatemala in the short term.
Angel Rodriguez, general manager of the company, said the company's intention is to acquire an established hotel with about 200 rooms.
Monday, November 28, 2011
The sixty events held this year generated revenues of $300 million for the country.
Occupancy rates in hotels, shops and spending power are some of the benefits these kinds of conventions have generated for the Panamanian tourism industry.
Thursday, November 24, 2011
Between January and October, the Tourism Authority of Panama (ATP) recorded a total of 33 new tourist developments.
Up to October, new projects submitted exceeded both in number and amount of investment to those recorded in 2010.
Wednesday, November 23, 2011
The chain has been selected by the Finisterre Hotel Group to run the first hotel under this brand name in Central America.
From 2012, the hotel will change its name to Finisterre Suites Marriott Executive Apartments, and will be operated entirely by the international chain.
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