Nicaragua's Chinandega gears up with five-star hotel
The Nicaraguan department of Chinandega, west of Managua, will have its first five-star hotel by the end of next year.
Monday, May 19, 2008
Netherlands-based Guido Emile Vioen, which owns and manages the project – now under construction – says the hotel will be known as the San Francisco.
During the II Central American Conference of Tourism and Hospitality Investments, Radisson Hotels showed interest in the country.
Nicaraguan President Daniel Ortega took part today in the official opening of the Codeni textile plant. It was built with 100 million dollars of American capital in the municipality of Sandino City, 10 miles west of Managua.
The hospitality, security and the range of tourist attractions in the west of the country has piqued the interest of more than 20 investors from Europe, the United States and Central America who participated in the Tourism Forum called "Invest in Nicaragua: Explore New Horizons!"
International investors plan to build a US$1.5 billion "city on the sea" in the Panamanian province of Veracruz.
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