IHG Signs Agreement for the First Staybridge Suites in Central America

InterContinental Hotels Group announced that it has signed an agreement with Shakir Investment Group for a new-build Staybridge Suites hotel, scheduled to open in late 2012 in Panama City, Panama.

Thursday, March 3, 2011

It will be the first Staybridge Suites property in Central America, and the second in Latin America, complementing a 31-story, 215-guestroom Staybridge Suites in Saõ Paulo, Brazil. There are more than 180 Staybridge Suites opened across the Americas, Europe and the Middle East.

Located less than two miles off the Bridge of the Americas and next to the entrance to the popular Amador Causeway, the 122-room Staybridge Suites Panama City will be in close proximity to the Figali Convention Center, the Smithsonian Institute of Tropical Research and other popular tourist destinations, fine dining restaurants and beautiful scenery.

"We are thrilled to introduce the first Staybridge Suites hotel in Central America to Panama," said Alvaro Diago, COO, IHG, Latin America and Caribbean. "We see tremendous potential for this extended-stay property with features that set it apart from other hotels in the city."

"This is the perfect time and location to build a Staybridge Suites hotel in Panama," added Jim Anhut, Chief Development Officer, the Americas, IHG. "As the Canal is being expanded, it is estimated that an influx of families of expatriated workers will need extended-stay housing in the city. A Staybridge Suites hotel, with all the amenities it provides long term guests, is a timely addition to this area."

The 13-story property will feature three well-designed spacious suite options (deluxe studio, one-bedroom and two-bedroom/two-bath). All suites include in-room DVD/CD players; functional, well-lit work stations with ergonomic seating; speaker phones, personal voice mail and complimentary local phone calls; and fully equipped kitchens.

Consistent with the Staybridge Suites brand, the new hotel will offer exceptional guest amenities including a deluxe complimentary daily breakfast buffet; complimentary guest laundry and workout facilities; a complimentary 24-hour business services center; a guest library with books and games; and BridgeMart®, the hotel's 24-hour convenience store stocked with snacks, sundries, beverages and easy-to-prepare meals. The hotel also includes a fully-equipped fitness center, rooftop swimming pool, two-story underground parking and meeting space.

Guests will be invited to get comfortable in the hotel's Great Room for evening "Sundowner" receptions three days a week that include complimentary refreshments, light appetizers and conversation.

Staybridge Suites hotels participate in IHG's guest loyalty program, Priority Club® Rewards, the industry's first and largest guest loyalty program with 56 million members. Priority Club Rewards membership is free and guests can enroll by logging on priorityclub.com, calling 1.888.211.9874 or inquiring at the front desk of this hotel or any one of IHG's more than 4,400 hotels worldwide.

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