Projects in Panamanian Pacific Coast Reactivated

Tourism projects which stalled due to the 2008 crisis, have retaken momentum.

Wednesday, February 23, 2011

Among the projects is Casa Mar, a $ 15 million residential complex, currently on its first phase. reports, "The Ibiza group in Spain is building a Condor Hotel for more than 10 million dollars ... One of the projects to take off again is Vista Mar, from Shahani Investment."

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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.

El Salvador Sells Land for Beach Hotel

January 2013

A property belonging to the Salvadoran Tourism Corporation will be offered to companies with experience in tourist oceanfront management. reports that "The Minister of Tourism, Napoleon Duarte, presented yesterday to the Committee of the Legislative Assembly details of a proposed sale of state property in order to build a hotel."

Costa Rica: Tourist Resort in Guanacaste Announced

July 2015

The announcement of the construction of a new 151-room hotel in the resort Reserva Conchal Cabo Velas, Santa Cruz, confirms the recovery of the tourism sector in the country.

From a statement issued by Desarrollos Hoteleros Guanacaste S.A:

W Costa Rica, Reserva Conchal
Anticipated Opening date: Second Quarter 2019

$50 million Investment Announced in Tourism Development

April 2014

The Government of Panama sold for $19 million a plot of land measuring 17 acres in Punta Batele to a company associated with London Regional.

According to a resolution of the Cabinet Council of Panama from April 8, 2014, "... Ridgebell International, SA will develop at the site No.

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