Prepared meals sector in Guatemala grows 14%

The prepared meals sector (restaurants) has reported a constant growth during the last six years.

Tuesday, August 5, 2008

According to a market analysis by the Euromonitor International consulting firm, since 2002 the number of full-service restaurants has gone up from 9,026 to 10,289 in 2007. During the same period, the volume of sales also grew by a similar percentage, from US$1.333 billion to US$1.514 billion, while the total number of transactions (visits) increased from 120,391 to 139,914.

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US Restaurant Franchise Looking for Investors

March 2017

The chain International House of Pancakes IHOP is looking for partners to open at least ten locations in Costa Rica.

Representatives from the US restaurant chain will be visiting Costa Rica in the next few days to meet with potential investors interested in developing the franchise in the country. The objective of the brand, already present in Panama, is to open at least ten premises.

New Fast Food Chain in Panama

November 2016

The US fast food company Wingstop has announced that through a franchise 30 stores will be opened in Panama and Colombia, starting from 2017.

From a press release issued by Wingstop:

DALLAS, Oct. 28, 2016 (GLOBE NEWSWIRE) -- Wingstop, Inc. (NASDAQ:WING), the award-winning wing concept with more than 900 locations worldwide, today announced that it has entered into an international expansion agreement with Colowing S.A.

More Fast Food Chicken in Costa Rica

April 2013

Fast food chains have announced investments of $13 million in the opening of nine chicken restaurants and improvements in other infrastructure.

In order to meet the growing the demand for chicken meals, the chains KFC, Rostipollos, Popeyes Louisiana Kitchen and As will make investments in 2013 which together total $12.7 million.

Chili's restaurant now in El Salvador

January 2009

With $2 million in investment, Brinker International foods and American Food inaugurated the first Chili's restaurant.

Elsalvador.com reports: "The director of the Brinker International brand for Latin American and the Caribbean, William Urrego, said that with the presence of this international brand they are consolidating their growth in the Central American region.

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