Two businessmen have acquired 100% in the equity interest of Corporación Yanber, which earlier this year had been handed over to creditors in order to avoid bankruptcy.
An announcement has been made for the opening in 2016 of a luxury hotel with 450 rooms, of the Dreams brand, in the coastal town Buenaventura.
The firm is continuing its expansion in Panama with a luxury hotel under the brand name "Dreams Resorts & Spas" construction in the hotel zone of Buenaventura.
A group of Central American business people are building the luxury resort Dreams Las Mareas in Guanacaste, Costa Rica.
Operations are expected to start in November at the luxury resort Dreams Las Mareas in Guanacaste, whose construction started months ago having been set up by a group of businessmen in the region, using an investment of $125 million.
The bank, owned by Colombia's Grupo Aval has bought Grupo Financiero, which includes Banco Reformador in Guatemala and Transcom Bank Limited of Barbados.
The only thing now pending is approval of this transaction by the financial market's supervisory authorities in the country. According to the general manager of BAC San José in Costa Rica, Gerardo Corrales, the intention of this purchase is to strengthen corporate banking in the Guatemalan market.
About $300 million will be invested in new tourism developments around the country.
The northern part of Costa Rica, one of the most visited by foreign tourists, is destined to have three new hotel projects which have short term development plans.
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