Although most activities in the country reopened at the end of August, hotel occupancy levels are still low and business people fear they will be forced to cut more jobs or close operations.
Corporacion Camino Real, Radisson, Hyatt, Marriot, Adriatika, Hilton Garden and Holiday Inn are some of the large hotels that have suspended operations in Guatemala due to the health and economic crisis affecting the world.
As a result of the covid-19 outbreak, the Real Intercontinental Hotel suspended operations from April 1 and according to its managers, the reopening will depend on government regulations.
Because the facilities do not meet minimum quality standards, 79% of registered accommodations in Guatemala are classified as not recommended.
The Guatemalan Institute of Tourism (INGUAT) reported that most hostels, pensions, small hotels and other hotel facilities in the country are considered as not recommended because "they do not meet quality standards and are not suitable for domestic and foreign tourists to visit."
Starting from October 16, Hotel Vista Real, located at kilometer 9 of the road to El Salvador, will form part of the Hilton Hotels & Resorts chain.
As part of the change of brand the hotel underwent modifications to its infrastructure, with its 130 rooms having been completely remodeled as over the last ten monthsand the estimated investment in the works amounted to $4 million.
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. Now, Hilton has a pipeline of nine hotels across five countries in Central America, representing five of Hilton's brands: Hilton Hotels & Resorts, Curio Collection by Hilton, DoubleTree by Hilton, Hilton Garden Inn and Hampton Inn by Hilton.
Between 2010 and 2015 the number of tourist accommodation establishments went up by 73%, and the total number of available rooms increased by 53%.
Data from the Central American Integration System (SICA) indicates that in 2010 Nicaragua registered 8,880 rooms and had 771 business establishments used to accommodate tourists.At the close of 2015, there were almost 14 thousand rooms and 1,057 establishments such as hotels, hostels and cabins.
This year 11 new hotels are expected to open, adding 696 more rooms in different parts of the country, with an estimated investment of $149 million.
Details from the Costa Rican Tourism Institute (ICT) show that there are 11 establishments in the process of completing paperwork with the entity to declare themselves of tourist interest.
In partnership with Cayalá Group the Marriott International chain has announced for 2018 a 160 room hotel in Guatemala City and another hotel with 115 rooms in the Cuidad Cayalá complex in zone 16.
The hotel to be built in Guatemala City will have 160 rooms and will operate under the brand Marriott Hotel, while the second hotel will have 115 rooms and will be of the brand AC Hotel.Both facilities will be built by Cayalá Group and operated by Marriott International Corporation.
On October 12 in Managua entrepreneurs will be meeting to discuss issues such as hotel operations, techniques for hotel marketing and use, and the advantages of new technologies.
The event is being organized by the Hotel Association of Nicaragua (Ashotnic) and will be held at the Hotel Crowne Plaza Convention Center.
Urbánica announced the construction this year of a 130-room Marriott Fairfield hotel in downtown La Gran Vía, and plans to start operations in 2017.
The real estate developer announced the construction of the UrbánicaMarriott Fairfieldhotel, located in the shopping center La Gran Vía in San Salvador, for an investment of approximately $17 million. The property will focus on the business tourism segment as does the Marriott Courtyard, developed in the same area.
Up to December 2015 2.559 hotels with 47,452 rooms were registered in the country, of which 70% are located in the city and at the beach.
Market figures have not yet reached the levels recorded before the crisis of 2008, when the Costa Rican Chamber of Hotels counted 2,599 hotels in operation, spread across different areas of the country, but are instead concentrated in the large metropolitan area and coastal areas.
The Hilton Garden Inn hotel has started operations in the west of the capital, where they already operate other hotels focused mainly on business travelers.
The new hotel is located in an area where other hotels under the brands Crowne Radisson, and Barcelo are already operating. The new 115-room hotel is owned by Developer Parque La Sabana DPS SA and managed by Elite Hotels & Resorts Costa Rica.
For the first time in two years, Panama will achieve a hotel occupancy rate of 60% during the days of the Summit of the Americas, which will have an economic impact estimated at between $50 million and $80 million.
The visit which will be made by 35 presidents of the Americas and 25,000 people who make up their delegations have changed the landscape, at least for a few days, of the Panamahotel sector, which expects to achieve an occupancy rate of at least 70% from 6 and April 11.
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. The new Hampton Panama has 108 rooms, the new building constructed by Hilton Worldwide, joins the world record of more than 1,900 hotels under the name Hampton Inn, Hampton Inn & Suites and Hampton by Hilton.
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