Investors Show Interest in Nicaraguan Tourism

During the II Central American Conference of Tourism and Hospitality Investments, Radisson Hotels showed interest in the country.

Thursday, March 26, 2009

According to, the Vice President of Development of the Radisson hotel chain, Edgar Garin, said: "We are looking at the region because we have seen several opportunities in Central America. I can officially say that Nicaragua looks very good." Additionally, the report said that "the executive vice president of the chain in Latin America, Julio Carvajal, stated that everything depends on relations with other local tourism 'development actors.’"

The II Central American Conference of the Tourism and Hospitality Investments Sector, Cathie, which will be held from April 25 to April 27, will bring together 170 investors, developers and local and international representatives from chains like Wyndham Hotel Group, Milton Hotel Corporation, OBM International, Tour Season Hotel and Resorts, Starwood Hotel and Resorts and Intercontinental Hotels Group.

More on this topic

New Luxury Resort in Costa Rica

September 2014

An announcement has been made of the 2015 opening of a hotel complex containing 151 rooms by Wyndham Resort Papagayo Yu, in Playa Panama, Guanacaste.

From a statement issued by the Wyndham Hotel Group:

Wyndham Hotel Group, with approximately 7,540 hotels and which is part of Wyndham Worldwide Corporation, announced today the signing of a franchise agreement for the first resort in Costa Rica of the luxury brand Wyndham Hotels and Resorts, the Wyndham Resort Papagayo Yu in Guanacaste.

$125 million Investment in Resort in Costa Rica

February 2014

A group of Central American business people are building the luxury resort Dreams Las Mareas in Guanacaste, Costa Rica.

Operations are expected to start in November at the luxury resort Dreams Las Mareas in Guanacaste, whose construction started months ago having been set up by a group of businessmen in the region, using an investment of $125 million.

Another Westin Hotel Inaugurated in Panama

January 2013

Starwood Hotels & Resorts has announced the opening of its second establishment in the Westin brand in Panama, the 218-room Westin Panama.

With the opening of The Westin Panama, the third property in the hotel chain developed and operated by Bern Hotels & Resorts, Starwood now has seven hotels in the Latin American country.

Nicaragua: $30 Million Wyndham Hotel

June 2010

Wyndham Hotels and Resorts formed an alliance with Grupo Mariana to develop a $30 million hotel in the Pacific coast of Nicaragua.

The $30 million, 330-room Wyndham Mariana Resort & Casino will be one of the key centerpieces of the Seaside Mariana Spa & Golf Resort, which is situated on 923 acres with over one mile of beachfront.

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