A development company has started in Rivas the construction of a 1,800 square meter hotel with 24 rooms, two meeting rooms and other amenities.
Without disclosing the total amount of the investment, representatives of Gran Victoria S.A. stated that on February 1 construction started of a hotel that will be located in the center of the city of Rivas, which will have a swimming pool, restaurant and a basement.
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.
The US budget accommodation group G6 Hospitality has announced that within five years it will build ten hotels in Belize, Costa Rica and Panama.
From a statement issued by G6 Hospitality:
DALLAS, Jan. 23, 2017 /PRNewswire/ -- G6 Hospitality, known for its iconic economy lodging brands, Motel 6 and Studio 6 in the U.S. and Canada, today announced that it is extending its footprint to Central America.
At the end of 2014 110 hotels were operating in the main tourist city of Nicaragua, where three new establishments plan to open to the public during the year.
Tax incentives granted by the Nicaraguan government have allowed employers in the hotel sector to increase their investment in Granada, which in 2014 received 521,000 tourists, according to figures from the Nicaraguan Institute of Tourism.
Hoteliers have denounced the unfair competition and are demanding that regulations and monitoring be put in place for rental housing for tourism on the coasts.
The hotels in the beaches of San Juan del Sur are the most affected by the boom taking hold in rental housing for tourists, an activity on which taxes are not paid and no regulation must be followed.
The American chain La Quinta Inn has announced that in 2015 it will begin construction of three hotels in Managua, Guatemala City and Quetzaltenango.
From a statement issued by La Quinta Inn and Suites:
IRVING, Texas, Aug. 12, 2014 / PRNewswire / - La Quinta Holdings Inc. (NYSE: LQ) ("La Quinta" or the "Company"), owner, operator and franchisor of La Quinta Inns & Suites, announced it has signed franchise agreements for new hotels in Nicaragua and Guatemala, marking the entry of the company into those countries.
In a partnership with Central American businessmen five Park Hyatt hotels will be built in the capitals of Guatemala, Nicaragua, El Salvador and two in Honduras.
From a statement by the Hyatt Hotels Corporation:
"Hyatt Hotels Corporation today announced that a Hyatt affiliate has signed a master development plan with LATAM hotel Corp. to develop 10 Hyatt Place hotels in Central America and Mexico and that Hyatt affiliates have signed franchise agreements with LATAM hotel Corp. The five hotels are: Hyatt Place Managua in Nicaragua, Guatemala Hyatt Place in Guatemala City, Hyatt Place San Salvador in El Salvador, and the Hyatt Place San Pedro Sula and Tegucigalpa Hyatt Place in Honduras .
With an investment of $327 million, eleven new hotel projects are to be incorporated into the country's tourism sector.
Data provided by the Chamber of Tourism of Nicaragua (Canatur) reveals that the departments which have attracted most of the investment in the construction of new hotels are Managua, León, Chinandega and Rivas.
One example of the large investments in hotels can be found in the Nicaraguan Pacific, where $250 million has been invested in building the largest hotel project in the country. "The first stage includes the boutique hotel Mukul, which has 39 rooms, 16 beach villas and 23 mountain huts, built on 1,600 acres (about 650 hectares), with an investment of $150 million," noted an article in Elnuevodiario.com.ni.
The hotel chain InterContinental Hotels Group announced the signing of two contracts for Holiday Inn Express hotels in Managua and Tegucigalpa respectively.
In total the two properties represent an increase of 220 rooms for the Holiday Inn brand family in Latin America and the Caribbean, where there are currently 18 Holiday Inn Express hotels and 24 Holiday Inn hotels.
With an investment of $48 million, three new hotels will be built in Nicaragua, adding 500 rooms.
Along with construction of the Whyndam Milagro del Mar, launched on Thursday, February 21, the 145-room Hyatt Place and a new 105 room Holiday Inn will also be built.
These investments are in addition to the Guacalito Island project, which was recently opened.
The Wyndham Milagro del Mar Resort will offer 212 rooms on the Nicaraguan Pacific coast in San Diego beach, in Villa El Carmen.
The property will be developed by HB International, and its opening is planned for next year.
This will be the first Wyndham hotel in Nicaragua and its opening is scheduled for 2014, generating nearly 300 local jobs and becoming an anchor project in the Gran Pacifica resort, covering 1,440 hectares with more than four kilometers of beach.
Having hotel guests take home a product marked with your name or brand is the best way to differentiate yourself from competitors.
Competition is very tough and the internet has made global hotel deals transparent, so positively differentiating yourself and making clients remember you is vital for getting a return stay at your hotel.
Julie Weed's article (The New York Times), published in Elnuevodiario.com.ni, remarks that it is no longer enough to have bathrobes, bedding and pillows monogrammed if you want to secure the hotel brand in the customer's mind and make them decide to return.