Hotel Supply Grows in El Salvador

The 130-room Marriott Fairfield hotel started operations at the La Gran Vía shopping center in San Salvador.

Wednesday, August 16, 2017

With an investment of $17 million, the developer Urbánica opened the doors of the new Marriott Fairfield hotel. The property will focus on the business tourism segment as does the Marriott Courtyard, developed in the same area. 

"... "This project has a mixed use component and allows us to integrate 3,000 square meters of commercial area in a harmonious way with a 130 room hotel," Alejandro Duenas, executive director of Urbánica, told

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New Luxury Hotel in Panama

September 2018

It has been announced that the Sofitel chain is preparing the opening of a 159-room hotel in the old town of the capital. review that "... The project, which was built with an investment of $ 100 million, will begin to operate despite the hotel oversupply that hits the sector, with 159 rooms, each with a butler, plaza Open, rooftop bar, Spa service, pool, gym, conference rooms and a ballroom."

New Hotel Investments in Central America

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Hilton Hotels has announced the development of nine hotel projects in the region, which together will add approximately 1,300 rooms to the hotel chain in Central America.

From a press release by Hilton Hotels:

Hilton (NYSE: HLT) announces the expansion of its Latin American footprint with new deals signed in Central America.

More Hotels in Guatemala City

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New buildings, the arrival of new brands, remodeling and expansion of facilities, are part of the changes in the hotel sector in the Guatemalan capital.

Most of the brand names that announced plans to expand their facilities or open new stores are focused on hotels for business travelers and convention tourism.

Costa Rica: Fall in Occupancy Rates in Hotels in Capital

March 2014

The current occupancy rate of 57% can be explained by the increased supply of rooms and the relative decline of San Jose as a business destination.

The increased supply of hotel rooms in the capital is one of the reasons for the low level of occupancy, which as of January stood at 57%. This occurs mainly in hotels that attract business travelers or tourists who spend up to two nights prior to departure.

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