Archive: » 2012 » September

Massive Investments in Airports in Panama

The most costly air terminal is Enrique Jimenez in the province of Colón. Projects are monitored by the Secretariat of Goals and the Ministry of the Presidency. The economic boom that Panama is experiencing shows no signs of weakening at the moment, and is based on pillars such as an increase in tourists, the banking sector and construction of infrastructure using first class technology. In addition to this increase, Panamanian authorities are investing in the renovation and construction of several airports located in the country's interior, costing approximately $103,128,159 U.S. dollars,...

Read more...

Starwood to Unveil W in Panama City

Starwood Hotels & Resorts Worldwide Inc.(HOT) recently announced that it is on track to introduce a W brand hotel in Panama City. This will mark the entry of W, one of the high-end brands of Starwood in Central America. It is slated for inauguration in early 2016. The company has struck a deal with Evolution Tower Corp., a joint venture between F & F Properties and EFC Group Inc., to develop the new hotel. W Panama will feature 203 stylish guest rooms including 24 suites, three Wow suites and one Extreme Wow suite. The hotel also possesses two signature restaurants, a spa, a nightclub,...

Read more...

Bristol Buenaventura To Convert To JW Marriott Panama Golf & Beach Resort

JW Marriott Hotels & Resorts, announced today plans to convert the existing 118-room Bristol Buenaventura, making it the first resort and first hotel for the brand in Panama. The future JW Marriott Panama Golf & Beach Resort will be located within the master-planned Buenaventura beachfront community, near the town of Rio Hato, about 80 miles southwest of Panama City, on the Pacific Coast of Panama. The property will be operated by Marriott under an agreement with the Bristol Hospitality Group. “The remote and exotic location along with the luxurious accommodations, amenities...

Read more...

Airport will Promote Tourism in Interior Provinces

Construction of the Scarlett Martínez International Airport is 70% complete and is expected to be finished in 2013. The Costa Rican company MECO, S. A. is in charge of the construction project, at a cost of $35.9 million dollars. So far, $27 million have been executed. These details were announced yesterday during a tour organized by the Ministry of Public Works, which was attended by President Ricardo Martinelli. "This airport, which will open in July 2013, will convert Coclé into one of the most booming provinces of Panama, generating thousands of jobs in the tourism, agriculture...

Read more...