W Hotels Worldwide to Build Hotel in Panama

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.

Friday, September 14, 2012

A statement from W Hotels Worldwide reads:

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

W Hotels Worldwide has announced the signing of an agreement with Evolution Tower Corp, an association between F & F Properties and EFC Group Inc., to mark the debut of W Hotels in Central America. Scheduled to open in early 2016, W Panama will be a 50-story tower, called Evolution, a mixed-use building that will include established premium office space in the heart of the city's financial district. W Panama will be built on Calle 50, just steps from the Calle Uruguay, known as the Zona Rosa of Panama and which is full of elegant restaurants and nightclubs.

"Panama is experiencing a strong growth in business and tourism development, given its strategic location between North and South and the ease of access around the world", said Osvaldo Librizzi, Co-President of the Americas, Starwood Hotels & Resorts. "Our partnership with Evolution Tower Corp is significant because the firm is recognized for construction projects and high-end flagship developments. We are confident that this first W in Central America will become a new landmark in the city."



More on this topic

Another Hotel Opens in Panama

January 2015

The Hilton hotel chain has opened a 108 room hotel of the Hampton brand in downtown Panama City.

From a press release issued by Hilton Worldwide:

Hampton, of the Hilton hotel chain, continues its international expansion by announcing the opening of its first hotel in Panama.

Hilton Opens Fourth Hotel in Panama

September 2014

The hotel chain also announced the opening of its fifth property in the country by the end of the year.

From a press release by Hiilton Worldwide:

Panama, Panama City - Hilton Worldwide has announced the opening of Hilton Panama, a new 347 room hotel with a prime location in the heart of the city, the Hilton Panama offers panoramic views of the Pacific Ocean.

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.

Colombian Hotel Group Expands to Panama

June 2011

Las Americas Golden Tower is a $70 million project, with 285 rooms in condominiums. Its estimated opening is in 2014.

The Colombian Hotel Group, Las Americas announced it is now in the pre sale process and aims to break even this year, in order to complete the project by the 30-month deadline.

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