The Hotel Investment OutlookMonday, August 17, 2009 The latest comments about the world outlook for the Hospitality Industry as presented by ALIS Summer Update As Jeff Higley (Editor-in Chief of Hotel and Motel Management Magazine) said in his “Twitter” page on June 2, the IREFAC (Industry Real Estate Financing Advisory Council) guys are the pulse of the industry. But, as he also noted, “…the IREFAC panel says the only way to get a phone call from your lender these days is to not make a payment. Nicaragua Selected to Host CATHIE in 2009Tuesday, August 26, 2008 It was announced that the Central America Tourism & Hotel Investment Exchange will be held March 24-26, 2009, in Managua, Nicaragua. Hosted by BHN, CATHIE focuses on the hotel and tourism investment opportunities in the rapidly growing Central America region. The Foreign Investment Advisory Service (FIAS) of The World Bank Group is supporting the event, and all seven Central American countries (Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama) have been invited to become patrons of CATHIE. Last year’s inaugural event in Guatemala City, Guatemala, welcomed nearly 250 hotel and tourism industry leaders eager to network and learn about hotel investment opportunities in Central America. Guide to Business in NicaraguaThursday, November 8, 2012 General information for investors has been released, in bilingual format, detailing competitive advantages, investment opportunities in strategic sectors, legal and investment incentives. Contents of the Guide Doing Business in Nicaragua 2012-2013: $ 42 Million for Construction of “Green” Hotels in CAWednesday, December 15, 2010 The IDB approved the funding mechanism to develop at the most eight Marriott hotels. The Inter-American Development Bank (IDB) approved U.S. $ 42 million in long-term loans to finance a maximum of eight Marriott hotels, to be developed by Caribe Hospitality SA in Costa Rica, Nicaragua, Guatemala, Panama, Jamaica, Trinidad and Tobago, and Mexico as long as they comply with environmental standards and sustainability requirements. Guatemala: Investment Coordination EntityWednesday, August 12, 2009 The objective is to provide unified direction to the different public and private efforts in trade and investment promotion. The new entity could be named Guatemala Trade and Investment (GTI), and would coordinate the activities of Invest in Guatemala, the national competitiveness program (PRONACOM), and the Commercial Attachés (PACIT), through an executive committee composed by members of the public and private sector. Congress on Sustainable Tourism InvestmentsFriday, September 29, 2017 On November 13th and 14th Costa Rican entrepreneurs of hotel brands, investment funds and real estate developers will be meeting in Costa Rica to discuss sustainable investments in the industry. The event is being organized by the Costa Rican Tourism Institute (ICT) and will take place at the Hotel Real Intercontinental. Guatemala: New Office for Promotion and InvestmentTuesday, July 27, 2010 The couuntry and its products will be promoted abroad through an agency called 'Guatemala Trade and Invest' (GTI). The new agency replaces the "Invest in Guatemala" office. Panama: Last phase of Tourism Master PlanThursday, August 14, 2008 The document prepared by the Spanish consulting firm which won the contract, Tourism and Leisure, will arrive in Panama one month earlier than expected The document will be analyzed by the Master Plan Follow-up Committee and presented to the World Tourism Organization, which collaborated in the design of the program. Upcoming Tourism Center in Sherman, PanamaFriday, February 26, 2010 Consulting company C4T Tourism Business & Planning will develop a master plan for touristic development in the former Sherman military base. Liriola Pittí, from the Economy Ministry, informed that once the study is ready they will proceed to market and promote it. Costa Rica Long-Term Ratings Lowered To 'BB-'Friday, February 26, 2016 Noting the political system's inability to agree on fiscal issues, Standard & Poor's has downgraded, from BB to BB-, the rating for the country's long-term debt, giving it a negative outlook. Costa Rica Long-Term Ratings Lowered To 'BB-' On Continued Fiscal Deterioration; Outlook Is Negative Honduras: The Dry Land Panama Canal?Thursday, August 14, 2008 Honduras lies just about 1,000 miles southwest of Miami. A great location for commerce with the U.S. Antonio Young is the Executive Vice President of FIDE, Honduras’ Foundation for Investment and Export Development. He says Honduras’ strategic location provides an invaluable access to Latin American markets. And, with the continued development of Honduras’ north-south highway, called the Logistic Corridor, Antonio says Honduras could be the dry land version of the Panama Canal. S & P Downgrades El Salvador's DebtFriday, October 14, 2016 The ratings agency has reduced the rating for long-term sovereign debt from B + to B, arguing that political capacity to resolve the fiscal problem is shrinking. From a press release by Standard & Poor´s: Panama: Two Hydroelectric Projects AwardedThursday, September 30, 2010 With a $290 million investment Electron Investment S.A. (EISA), will build projects Monte Lirio and Pando in Chiriqui. Italian company SELI Tecnologie will be responsible for the construction of the tunnel boring machines, excavation and monitoring. Spanish Consortium Invests $10 Million in PanamaMonday, February 16, 2009 The Spanish group, Rentability & Investment International, will build a housing and tourist project, Ibiza Beach Crown/Condo Hotel, directed to the middle-class on the Pacific coast. Roberto Rollón, president of the group, informed Americaeconomica.com: "The apartments, of one or two bedrooms, will be able to be rented for short periods to maintain them active all year long and, thus, they wil be able to contribute to the payment of the mortgage loan of the owners. "With this, it is intended that all medium-income Panamanians can have an apartment at the beach." Brokerage House Linked to Banco Universal SuspendedThursday, August 6, 2015 The market regulator of Panama has indefinitely suspended the license of the brokerage firm Clever Financial Investment Services, linked to Banco Universal. A resolution by the Superintendency of Securities said that after performing an inspection at the brokerage firm, " it was found that the brokerage firm maintains only three bank accounts, all of them with Banco Universal ", namely own / administrative account, third parties / customers account and a deposit account. " |
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