IHG Opens Holiday Inn Express Hotel in Panama

The IHG hotel chain has signed a franchise to open a 198 room hotel in July 2012.

Friday, June 3, 2011

The hotel will be operated by Latin American Hospitality Management Inc., the hospitality division of the Salvadoran group Agrisal, who have signed a long-term strategic agreement with IHG to expand in the region.

IHG's statement said: The hotel is located in the heart of one of the most well known business and financial areas in Panama, known as Calle 50. The area has a large number of multinational companies and banks, as well as Latin American companies based in Panama City.

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European Investment Hotel in Panama

June 2013

The Novotel hotel, which has 102 rooms, is the result of an agreement between the Panamanian company PD Hospitality and the French group Accor, which manages 121 other hotels in Latin America.

It is expected that the project, in which $14 million will be invested, will start operations in August.

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.

Nicaragua: New Hotels in the Capital

August 2012

The capital, Managua, will increase its supply of hotel rooms from 2013 when three new hotels will be built.

Located in the area of the Rotunda de Jean Paul Genie, in the next few months construction will begin on a Holiday Inn hotel , said Benjamin Spears, president of the Nicaraguan Chamber of Construction.

The First Waldorf Astoria in Latin America

August 2012

The Panamera will be renamed Waldorf Astoria Panama, and will open before the end of 2012, under the management of Hilton Worldwide.

With 248 rooms and luxury residences the Waldorf Astoria Panama is located within walking distance of Calle Uruguay, about 25 minutes from Tocumen International Airport and two blocks from downtown and the business district.

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