Palma Real (Royal Palm) announces investment on the coast of Honduras

The "Key View Hotel and Condominiums" project, located in La Ceiba, includes a condominium tower and a five star hotel.

Wednesday, August 27, 2008

The company in charge of the construction is Inmobiliaria Turística del Caribe, which has more than 10 years of experience in this type of work.
The bank that is financing the tourism project is Wachovia of New York and Ficohsa in Honduras.

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Hard Rock Hotel Panama to be built

June 2008

Hard Rock Hotel Panama, a four-star condo-hotel development with 499 rooms, has received approval to start construction. It is expected to open in 2010.

The resort will integrate contemporary architecture and leading-edge amenities that include rooms accesible to the pool, a spa, and other conveniences.

Tourist project moves forward in Bahía de Tela, Honduras

July 2008

Works projects are about 15 percent completed on the tourist development of Bahía de Tela, on the Caribbean coast of Honduras.

So far the project managers have spent about five million dollars (98 million lempiras) on the mixed public-private project. Total cost is estimated to be 133 million dollars.

El Salvador: Millionaire Project Awaiting Permits

September 2009

'Playa Secreta' (Secret Beach), a touristic project located in La Union's coastline is in hold, waiting for environmental permits.

The project comprises resorts, bungalows, marina, golf courses and the development of 11 hotels in the next 10 years.

"We are waiting for environmental permits. Once we have them, we will start the project", said

$30 Million Invested in Hotels Outside Panama City

January 2010

In 2009, $30 million were invested in hotels, cabins and hostels outside Panama City.

The province receiving the most investment was Coclé ($16 million), followed by Chiriquí ($10 million) and Bocas del Toro ($500.000), according to data from the Panamanian Tourism Authority (ATP).

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