Panama After New Hotel Investments

Meetings were held with representatives of the Hilton, Hyatt, Fairmont and Four Seasons hotel chains as potential investors.

Wednesday, March 4, 2009

The Panamanian Tourism Authority (ATP) will participate in the International Hotel Investment Forum in Berlin, an event that specializes in tourism investment.
Carl-Fredrik Nordström, deputy general of the ATP, informed "It's not easy to attract these hotels, especially during these times of crisis currently being experienced by the financial world. Thus we are developing an aggressive policy of seeking investors."

More on this topic

Panama hotel supply still not enough

January 2009

Despite an increase of 3.4% in 2008, hotels were unable to meet the demand for tourist accommodations.

According to, "For the sub-administrator of the Panama Tourism Authority, Carl Fredrik Nordstrom, supply increased, but "it is never enough," bearing in mind the increase in tourists that are visiting the country.

Marriott to Operate Executive Apartments Hotel in Panama

November 2011

The chain has been selected by the Finisterre Hotel Group to run the first hotel under this brand name in Central America.

From 2012, the hotel will change its name to Finisterre Suites Marriott Executive Apartments, and will be operated entirely by the international chain.

Panama: More than 20 New Hotels in 2012

January 2012

With an investment of $1,500 million more than twenty hotels will open their doors this year in Panama.

This will mean the incorporation of six thousand new rooms to the hotel industry market, said Sarah Brown, president of the Panamanian Association of Hotels (APATEL).

El Salvador: Barceló Enters the Salvadoran Market

June 2016

The hotel chain has announced the purchase of a five-star 205 room hotel in San Salvador, and is preparing for July 26 to open under the name Barceló San Salvador

The hotel chain which acquired the hotel is located in the capital in the commercial and business sector of San Benito. The hotel has two restaurants, a bar, outdoor pool, gym, health and beauty center, parking and 12 meeting rooms which can accommodate from 10 to 800 people.

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