Brazil and Panama Lead in Hotel Investment

With 4.000 hotel rooms under construction, Brazil is at the top of Latin America in hotel investment, followed by Panama with 1.318.

Monday, September 28, 2009

According to data from STR Global, 6 new projects will be built this year in Panama.

Regarding the rest of the countries, "950 rooms are under construction in Buenos Aires, Argentina, and 841 in Bogotá, Colombia", reports Hosteltur.com.

More on this topic

$45 million Investment in "Low Cost" Hotels

January 2017

The US budget accommodation group G6 Hospitality has announced that within five years it will build ten hotels in Belize, Costa Rica and Panama.

From a statement issued by G6 Hospitality:

DALLAS, Jan. 23, 2017 /PRNewswire/ -- G6 Hospitality, known for its iconic economy lodging brands, Motel 6 and Studio 6 in the U.S.

New Hotels Announced in Guatemala

June 2016

In partnership with Cayalá Group the Marriott International chain has announced for 2018 a 160 room hotel in Guatemala City and another hotel with 115 rooms in the Cuidad Cayalá complex in zone 16.

The hotel to be built in Guatemala City will have 160 rooms and will operate under the brand Marriott Hotel, while the second hotel will have 115 rooms and will be of the brand AC Hotel. Both facilities will be built by Cayalá Group and operated by Marriott International Corporation. 

Future JW Marriott Golf & Beach Resort in Panama

September 2012

Marriott International has announced plans to convert the hotel Bristol Buenaventura in Panama into the first resort and the first hotel under their brand name in Panama.

Marriott International has announced plans to convert the hotel Bristol Buenaventura in Panama into the premier resort and premier hotel under their brand name in the country, according to a statement from the chain.

Poma Group Inaugurates its Second Hotel in Colombia

July 2010

The opening of the JW Marriot hotel, located in Bogotá's financial district, forms part of its South American expansion plans.

Fernando Poma Kriete, executive vice-president of Real Hotels and Resorts (the hotel division of Poma Group), commented that the hotel is, "in the financial district of Bogotá and features 264 rooms, 143 with king size beds, 96 with full size beds, 24 junior suites and one presidential suite".

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