$70 Million for Seven Holiday Inns in Central America

Intercontinental Hotels Group and the Agrisal Group will invest $70 million in the construction of seven hotels over five years.

Tuesday, June 16, 2009

The project anticipates the opening of seven Holiday Inn hotels, beginning with one in Escazú, Costa Rica. The others will be built in Antigua (Guatemala), Tegucigalpa and San Pedro Sula (Honduras); Managua (Nicaragua), and San Salvador (El Salvador).

Araceli Guede writes for Hosteltur: "This expansion project starts with the building of a new hotel in Escazú in Costa Rica. Escazú is, according to the Tourist Promotion Agency of Central America (CATA), one of the most exclusive areas of San José."

More on this topic

Two New Holiday Inns in Central America Announced

June 2013

The hotel chain InterContinental Hotels Group announced the signing of two contracts for Holiday Inn Express hotels in Managua and Tegucigalpa respectively.

In total the two properties represent an increase of 220 rooms for the Holiday Inn brand family in Latin America and the Caribbean, where there are currently 18 Holiday Inn Express hotels and 24 Holiday Inn hotels.

More Marriott Hotels in Panama

April 2012

The hotel chain is to build a new premises and two existing ones are to be renamed to join the chain, meaning that there will be seven hotels in the canal country.

The economic boom around the Canal expansion and the expected arrival of more leisure and business tourists with high purchasing power, has attracted the attention of the multinational chain Marriott, which will soon have 7 hotels in Panama.

Inauguration of Holiday Inn in Costa Rica

July 2011

The project, by the Salvadoran Agrisal group, required an investment of $20 million and will be inaugurated this week in Escazú.

The new "green” Holiday Inn hotel, which will use environmentally friendly technologies, is sited 30 minutes from San Jose in one of the busiest areas of economic and urban development

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.

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