Investment in Panama's Buddha Bar reaches $50 million
With an investment of 50 million dollars, the developer Revat Group is building the luxury hotel Buddha Bar in Panama.
Monday, June 16, 2008
The project will be ready in 2010. The bulding will be 20 storeys high with 156 suites, three restaurants and a spa.
A group of Central American business people are building the luxury resort Dreams Las Mareas in Guanacaste, Costa Rica.
Hotel chain Hyatt will administer two hotels that will be built in the banking district and the Eastern coastline.
Construction of the luxury hotel is estimated at $40 million and it will begin in June of this year, with an estimated completion in 2010.
Orient-Express Hotels and The Related Group have formed an alliance to develop projects in Panama.
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