The Hilton Garden Inn hotel has started operations in the west of the capital, where they already operate other hotels focused mainly on business travelers.
The new hotel is located in an area where other hotels under the brands Crowne Radisson, and Barcelo are already operating. The new 115-room hotel is owned by Developer Parque La Sabana DPS SA and managed by Elite Hotels & Resorts Costa Rica.
The hotel chain also announced the opening of its fifth property in the country by the end of the year.
From a press release by Hiilton Worldwide:
Panama, Panama City - Hilton Worldwide has announced the opening of Hilton Panama, a new 347 room hotel with a prime location in the heart of the city, the Hilton Panama offers panoramic views of the Pacific Ocean. This new hotel opened its doors in time to celebrate with all Panamanians the centenary of the Panama Canal and offers special introductory rates from $129 * per night to commemorate the occasion.
Marriott, Sheraton, and Hilton are some of the brands that will expand in the country.
The strong economic growth experienced by Panama is also being reflected in the tourism industry, whose investments are increasing every year.
Between this year and 2013 the major hotel chains, in some cases in conjunction with Panamanian capital and in other cases independently, are expected to build new hotels on the beaches and in the city.
With a $ 56 million investment, the new projects aim at the business market.
In the area of El Cangrejo, with a $ 10 million investment, a Howard Johnson will be built managed by Fr Consulting, who announced construction of two Hampton Inn, one on Via Argentina and another in the sector of La Boca.
15 are currently under construction in Panama City, including the Riu (poised to open in September), Hilton Double Tree, Megapolis and Finisterre. Other projects are being developed in the provinces of Coclé and Herrera, according to reports from the Panamanian Tourism Authority.
Hilton Hotels Corporation will open 4 hotels under its Hilton, Embassy Suites, DoubleTree and Hilton Garden Inn brands in Panama.
The 351-room Hilton Panama Hotel is scheduled to open in 2011 and it will be directly operated by Hilton Hotels Corporation. Embassy Suites by Hilton Panama City will also be operated by the Corporation and it will have 306 rooms. They also hope to open this hotel in 2011.
The Hilton Hotels chain announced that it will add 150 hotels to its chain in Latin America and the Caribbean in the next five years.
The chain, which established a work team of six directors dedicated to the development of the new projects and which already has 51 hotels in the region, did not specified any projected amount for the investment.
A multi-million dollar contract was announce by the Hilton chain to establish their first Garden Inn Hotel in Central American, in Guanacaste, Costa Rica.
The establishment, which will be the Hilton family's fifth in Costa Rica, will have 169 rooms, 10 of which will be luxury suites. Danny Hughes, senior vice-president of the chain for the Caribbean, Mexico and Latin America, said that the new addition "to our hotel portfolio will strengthen Hilton's effort to increase the family of hotels throughout Latin America."
The company will invest $20.6 million dollars to enter the market with its Embassy Suites. The new six-storey project will be located in Escazú. It will have between 150 and 200 suites.
The hotel group will launch its Embassy Suites project in February 2010. The Embassy Suites brand is aimed at the corporate market.
The company will spend $20.6 million dollars to build its hotel in Escazú across from Plaza Roble and the Multiplaza Shopping Center.
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Operates in Costa Rica, Honduras and Panama
Phone: (506) 2479 1220 - (506) 2479 1220