The Salvadoran group is building 'Plaza Tempo' in Escazu, a shopping center and office complex.
The 16.000 square meters of office complex and the 6.300 of commercial areas will be integrated into the Holiday Inn Hotel, which will open in less than a month.
"The complex will have space for 934 vehicles and the spinal cord of the project will be a pedestrian street crossing the commercial sector and ending at the five-story Office Center," reported the article in Nacion.com.
The hotel chain will invest $3 million to open its first hotel in El Salvador, in alliance with Grupo Agrisal.
It will feature 194 rooms, and will become the fifth Crowne Plaza in Central America.
Eduardo Quiñónez, director of the hospitality division of Agrisal, told newspaper La Prensa Gráfica: “two years ago we made a stop in the way, and appreciated a wide array of opportunities.
This is the first of seven hotels that Agrisal Group, in partnership with InterContinental Hotels Group, expects to build in Central America.
The 10,000 square meter hotel will have 163 rooms, and it is expected to start operations in 2010.
German Rivas, in his article in Laprensagrafica.com, reported statements by Eduardo Quiñónez, director of AGRISAL Group's hotel division: “It's the starting flag in our race for regional hotel leadership.
One of the major challenges for the hospitality industry in El Salvador is to have a skilled workforce and raise customer service awareness.
"From a lady or a gentleman ... to a lady or a gentleman." The phrase sums up the philosophy of the Ritz-Carlton group, synthesizing the internal predisposition toward providing first class services which are in line with what customers expect.
The hotels division of the El Salvador-based conglomerate Grupo Agrisal spends to invest US$70 million in Central America over the next seven years, the division's chief executive Eduardo Quiñónez said.
Projects highlighted by Quiñónez include the construction of a hotel in San Salvador's Zona Rosa and a refurbishment and expansion to mark the 50th anniversary of the Hotel Radisson.