Bristol Hotels to Invest $30 Million in Panama

Under the concept of a "premium condo-hotel", the group plans to build the boutique hotel "The Residences" in Panama City.

Friday, July 30, 2010

The hotel project will open its doors in November 2011 and feature 62 rooms and 40 apartments.

Bristol Hotels President, Fernando Duque, told Panamá América that, "the positive publicity that Panama has had in recent years has created interest abroad that we can make good use of.

The new development will generate 100 new jobs.

More on this topic

Panama: New Hilton Hotel in Chiriquí

July 2017

The opening of a 120-room Hampton Inn by Hilton hotel in the city of David has been announced for the first quarter of 2019.

"... Hampton Inn by Hilton David will be located four kilometers from Enrique Malek International Airport.  The hotel will offer access to nearby tourist and recreational destinations such as Boquete, a scenic and tourist city that is popular for its scenic location, temperature and natural environment.  It will also be located near the active Baru Volcano, which is also the highest point in Panama, 3,475 meters above sea level," the hotel chain said in a statement.

$45 million Investment in "Low Cost" Hotels

January 2017

The US budget accommodation group G6 Hospitality has announced that within five years it will build ten hotels in Belize, Costa Rica and Panama.

From a statement issued by G6 Hospitality:

DALLAS, Jan. 23, 2017 /PRNewswire/ -- G6 Hospitality, known for its iconic economy lodging brands, Motel 6 and Studio 6 in the U.S.

Costa Rica: Hilton Hotel to Open in Osa Peninsula

November 2016

It has been announced that a hotel will be built under the Curio brand, owned by Hilton, called Botanika Osa Peninsula, in the southern zone of Costa Rica.

From a statement issued by Hilton Hotels:

Hilton (NYSE: HLT) today announced the signing of the Botánika Osa Peninsula to Curio - A Collection by Hilton.

Costa Rica: Luxury Resort in Guanacaste

May 2013

The Swiss equity firm SunVesta Holding AG has announced the start of construction of the Paradisus Papagayo Bay Resort, with an investment of $170 million.

The opening of the new hotel, which will have 381 rooms and will be developed in 21 acres, is scheduled for late 2014 and will be operated by the Spanish chain Melia.

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