The hotel franchise La Quinta Inn & Suites is building its first hotel in Central America in the city of Tegucigalpa.
The project will be called LQ Las Cascadas and is expected to open in late 2014.
Latribuna.hn reports: "Hoteles La Quinta is one of the largest hotel franchise companies, in addition to being owners and operators in the United States, Mexico and Canada, offering Business Class services with an innovative idea that distinguishes them from other hotels ".
It is very difficult to understand as reasonable the Costa Rican Comptroller's annulment of the award for a Convention Centre by the Costa Rican Tourism Institute.
EDITORIAL
An article in Elfinancierocr.com reviews the details of a situation that is being repeated ad nauseum in most Central American countries, namely the difficulty of awarding important public works contracts with a minimum of speed and efficiency.
The Trujillo Beach Eco-Development has been announced, with an investment of $50 million in an 600 hectare area which will feature residences for Canadian and Israeli citizens, in the form of condominiums and a hotel.
To date 40% of the total planned cost has been invested, which is $50 million. The "Trujillo Beach Eco-Development" project will be developed in a 600 hectare area in the area of Viejo Marañones, in the vicinity of Lake Guaymoreto.
With the first payout of a $15.9 million from a syndicated loan worth $24 million, construction of the second stage of the tourism project in Honduras will begin.
The banks, Ficohsa, BAC Honduras, Ficensa, Rural Development Bank in Guatemala and Panama's Banco Pichincha had already approved a syndicated loan of $24 million to finance the tourism project.
Along with construction of a cruise terminal, there are also housing projects.
The residential projects, among them Alta Vista Beach, are being developed by Desarrollos Vision de Vista.
This project, as well as the Banana Coast cruise terminal, which is developed by "Grande Trujillo Autoridad", is sponsored by the Canadian company Fast Track Capital.
The construction of hotels and new investments will increase the island's profile as a destination for natural recreation and relaxation.
Considered to be one of the Roatan's biggest promoters, Romeo Silvestri has worked as the president of the island's Tourism Chamber and fervently believes in the development of the place.
Yesterday he spoke with NEGOCIOS magazine about the situation on the island and about the short-term future, which, because of the investments, looks promising.
Works projects are about 15 percent completed on the tourist development of Bahía de Tela, on the Caribbean coast of Honduras.
So far the project managers have spent about five million dollars (98 million lempiras) on the mixed public-private project. Total cost is estimated to be 133 million dollars.
Bahía de Tela will have two five-star hotels each with 150 rooms, with an option of 40 condominiums, 250 residential villas, and an 18-hole golf course.