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.
Reducing prices to attract local tourists is the main strategy being used by Nicaraguan tourism entrepreneurs in areas such as Tola, San Juan del Sur and Ometepe Island.
In Nicaragua, the sharp drop in the flow of tourists as a result of the crisis that has been affecting the country since April has forced entrepreneurs, particularly small and medium-sized ones, to vary their strategies in order to try to generate income and sustain operations.
It has been announced that the Sofitel chain is preparing the opening of a 159-room hotel in the old town of the capital.
Laestrella.com.pa review that "... The project, which was built with an investment of $ 100 million, will begin to operate despite the hotel oversupply that hits the sector, with 159 rooms, each with a butler, plaza Open, rooftop bar, Spa service, pool, gym, conference rooms and a ballroom."
In El Salvador, an environmental impact study has been presented to build a 18 story shopping center with 13 thousand m2 of leasable area in the San Benito neighborhood, which will be connected by means of a walkway to the Sheraton Presidente Hotel.
Hoteles y Desarrollos S.A. de C.V. submitted an environmental impact study (EIA) in San Salvador to construct a building with 18 stories, 100 meters high, and 5 basements with capacity for 870 vehicles.
In the department of La Libertad, a 4,000 square meter beach hotel is being built, which will include a restaurant for 300 people, a wedding chapel and an event center.
Hotel Acantilados, which is reportedly 85% complete, will be ready to open its doors in September of this year, according to its directors.It is located at kilometer 41.5 of the Litoral highway, in La Libertad, and the total investment amounts to $5 million.
The W Costa Rica hotel, which will offer a total of 151 rooms and is located in Guanacaste, reported that it plans to start operations in November of this year.
Due to the climate of insecurity prevailing in Nicaragua and cancelled reservations, two hotels in the city of León have announced the closure of their operations.
"As of July 15, it has been decided to completely close operations in the city of León, until there is a safer climate for tourism development," Art Collections Hotels reported in a statement.
The hoteliers union of Costa Rica reported that the occupancy level in the mid-year holidays of 2018 is 65%, 3% less than the average figure reported in the same period in 2017.
According to a survey carried out on June 29 by the Costa Rican Chamber of Hotels (CCH), in which 80 accommodation centers were consulted, between the mid-year vacations of 2017 and this year, the average occupancy rate fell from 68% to 65%.
Ithaca Capital announced that the Bahia Grand Panama Hotel, which used to hold the Trump Hotels brand, will become a JW Marriott hotel in September 2018.
Up until the first quarter of this year the hotel had been operated by Trump Panama Hotel Management, but after several conflicts with the owner of the property, Orestes Fintiklis, partner of Ithaca Capital, the Trump company lost the operation.
The Mexican airline Volaris will be suspending its services as of July 1, and the luxury resort hotel Mukul, in Guacalito, has announced the indefinite closure of its operations.
The crisis that has been going on in the country for the last month continues to harm the tourism business sector.The airlineVolaris reported that it will temporarily suspend services to Managua from next week, and the luxury hotel Mukul Auberge Resorts Collection, in the South Pacific, announced on Friday that it will close its operations indefinitely.
After two years of negotiations, the Terrace Hotel located in San Salvador, has become a new affiliate of the US chain Best Western.
After reaching an agreement with the Best Western corporation, which includes investment in adapting the infrastructure of the facilities, the name of the hotel has changed from Hotel Terraza to Hotel Best Western Terraza Plus.
The guild of small hotels in Nicaragua says that due to the complicated situation that the country is going through, the sector has stopped contributing around $100 thousand a day, and has been forced to reduce its personnel by half.
This week an establishment affiliated with the Association of Small Hotels of Nicaragua (Hopen),announced the temporary closure of its facilities.Hotels categorized as small and medium are those that have between 5 and 50 rooms.
Towers of apartments and a hotel in the province of Heredia, and an educational center in Cartago, are some of the works that are planned to be developed during the next months.
The interactive system "Construction in Central America", compiled by the Business Intelligence Unit at CentralAmericaData, includes an up to date list of public and private construction projects that are planned in the region.
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