In El Salvador, Agrisal Group began construction of a shopping center of 200 stores and 80,000 square meters, at kilometer 12 of the Troncal del Norte highway.
The new shopping center called "Plaza Mundo Apopa", which is expected to meet the demand of people in the northern part of the department of San Salvador, will have 200 stores and a daily flow of 25,000 visitors is expected.
Agrisal Group invested $10 million in the purchase and remodeling of Indigo Hotel in Santa Ana, which from now on will operate under the brand Holiday Inn Express.
The 100-room hotel is located in Santa Ana and is focused mainly on the segment of business travelers.
Agrisal Group has announced the expansion of the World Trade Center in San Salvador, with the construction of a 12 story office building.
The work includes 9,000 square meters of offices and 5,000 parking spaces, the building will connect with Torre Futura and Plaza Futura, with two gateways.
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.
Academics and politicians are proposing an intersectoral agreement from which comprehensive tax reforms can arise in order to make public finances sustainable.
According to an article in Elmundo.com.sv, "The forum called 'Are Public Finances sustainable?', brings together economists and two deputies from the Special Committee on Finance and Budget of the Legislative Assembly to discuss and present their proposals for solutions to the current fiscal situation.
The project, by the Salvadoran Agrisal group, required an investment of $20 million and will be inaugurated this week in Escazú.
The new "green” Holiday Inn hotel, which will use environmentally friendly technologies, is sited 30 minutes from San Jose in one of the busiest areas of economic and urban development
The IHG hotel chain has signed a franchise to open a 198 room hotel in July 2012.
The hotel will be operated by Latin American Hospitality Management Inc., the hospitality division of the Salvadoran group Agrisal, who have signed a long-term strategic agreement with IHG to expand in the region.
The hotel chain is considering a new multi-purpose complex in El Salvador, to be developed together with Grupo Agrisal.
Álvaro Diago, Latin America's representative for Intercontinental Hotels Group (IHG), acknowledged that the country has vast potential for developing new hotels, but it requires more country marketing.
The Salvadoran group is building 'Plaza Tempo' in Escazu, a shopping center and office complex.
The 16.000 square meters of office complex and the 6.300 of commercial areas will be integrated into the Holiday Inn Hotel, which will open in less than a month.
The company announced construction projects in Costa Rica, Panama and El Salvador.
In Zona Rosa, San Benito, at the Salvadoran capital, plans are to build a complex which includes a 16 floor Holiday Inn Hotel and a 4 thousand square meter commercial and office area, announced Roberto Murray Meza, President of Agrisal.
Grupo Agrisal presented a new regional brand of specialized coffee stores called 'Essenza'.
The first of its kind was inaugurated at Hotel Radisson Plaza in San Salvador.
"Grupo Agrisal plans to open a new store in Santa Elena (El Salvador) in mid-2010, and to take Essenza to Costa Rica, in order to make the brand regional. Investment in the new project is around $65.000", reported Laprensagrafica.com.
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