Hotel Inauguration in Nicaragua

The 36 room Hotel Los Portales, required an investment of $3.2 million.

Friday, March 30, 2012

The new colonial style hotel is a family business run by Teodoro Picado and his wife Maria Torres de Picado, who spent $3.2 million on it. It has two floors with 3,400 m2 and a capacity of 100 people in 36 rooms.

The hotel is part of the Plaza Real complex, which includes the restaurant Rostipollos, Pizza Maria and a western technology store by Movistar. It is located in the city of Chinandega, head of the department of the same name in the Pacific region, and offers views of the volcanic mountain range near the city.

"The goal was to provide an option to Chinandega and we were motivated by the five star category,being the only one in the departments, after Managua. This is an industrial city with a strong point being increasing tourism, frequent arrivals of professionals, consultants and technicians. Nicaragua is a country that has growing tourism, and a growing economy", said Maria Torres de Picado to .

The room rates are favorable: $60 single and $70 for doubles.

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