Hotel Supply Continues to Increase in Panama

With the opening of the Wyndham Garden and works starting at the Howard Johnson, Panama will add 160 rooms to their offering of hotel rooms.

Thursday, February 3, 2011

With an $ 8 million investment, the Wyndham Garden has 60 rooms and is located in the area of Obarrio in Panama City.

On the other hand, Howard Johnson Hotel made an estimated investment of $ 11 million in order to offer their 100 rooms.

"These two new hotels add to the others which are being built in Panama at this time." reports, "It is expected that hotels under construction will generate about 10 thousand jobs, asserted Anette Cardenas, Executive Director of Panama´s Chamber of Tourism."

More on this topic

Another Westin Hotel Inaugurated in Panama

January 2013

Starwood Hotels & Resorts has announced the opening of its second establishment in the Westin brand in Panama, the 218-room Westin Panama.

With the opening of The Westin Panama, the third property in the hotel chain developed and operated by Bern Hotels & Resorts, Starwood now has seven hotels in the Latin American country.

W Hotels Worldwide to Build Hotel in Panama

September 2012

The hotel chain plans to establish its 50-story building, Evolution Tower, in the center of the financial district in Panama City's Zona Rosa.

A statement from W Hotels Worldwide reads:

W Hotels Worldwide Announces its First Hotel in Central America with the Opening of W Panama.

Hotels Keep Opening in Costa Rica

June 2012

Eleven new hotels will open this year and the next, adding 1,550 rooms to the current 44,752.

Of the eleven openings, eight are located in the greater metropolitan area and the rest are in the province of Guanacaste.

With an investment of $15 million, the opening of the 128 room Courtyard by Marriott is planned for next month in Alajuela.

Five New Hotels to Open in Panama

October 2010

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.

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