What’s Happening in Panama Today

Ritz-Carlton Reserve Panama: Upcoming Construction Of Ultra-Luxury Resort

Representatives of Marriott International, the world's largest hotel company and parent corporation of The Ritz-Carlton Hotel Company, L.L.C., joined the President of Panama, Juan Carlos Varela, and investors from Grupo Eleta and Grivalia last week, to celebrate the groundbreaking of the ultra-luxury Ritz-Carlton Reserve being built on Pearl Island, 45 miles south of Panama City. https://www.prnewswire.com/news-releases/ritz-carlton-reserve-at-pearl-island-panama-commemorates-upcoming-construction-of-ultra-luxury-resort-with-groundbreaking-ceremony-300437217.html

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A Luxury Collection Hotel Opens in Panama

BETHESDA, MD – February 22, 2018 – The Luxury Collection Hotels & Resorts today announced the brand’s debut in Panama with the opening of The Santa Maria, a Luxury Collection Hotel & Golf Resort, Panama City, located minutes from the capital’s city-center. An urban oasis operated by Bristol Hospitality Group, The Santa Maria is a five-star Luxury Collection resort delivering exceptional experiences to discerning travelers seeking an authentic connection to the destination. With this exciting opening, The Luxury Collection expands its footprint in South America where it now operates...

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Panama / China plan on building cross country Railroad

PANAMA CITY, Feb. 5 (Xinhua) -- Representatives of Panama's government and China Railway Design Corporation held their first technical meeting over a proposed rail line in the Central American country, Panama's Foreign Affairs Ministry said Monday. The project is among 22 cooperation agreements signed between Panama and China since the two established diplomatic ties in June 2017, the ministry said in a statement. The meeting held Friday was presided over by Roberto Roy, Panamanian minister of Panama Canal Affairs and director general of Panama Metro. The agenda was conducting a feasibility...

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Panama Hotel Owner Declares Victory and Trump’s name is Removed

PANAMA CITY — A workman wielding a crowbar pried off the silver T-R-U-M-P name from the Trump International Hotel and Tower here in Panama City on Monday as the majority owner of the hotel declared victory in his fight to oust the American president’s family business as managers of the property. https://www.nytimes.com/2018/03/05/world/americas/panama-hotel-trump.html

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W Debuts in PANAMA

W Hotels Worldwide, part of Marriott International, today announced the opening of W Panama, the first W in Central America.  Located in one of the most cosmopolitan capitals in the region, Panama City, the new hotel towers above the heart of the business district within the ultra-modern, 50-floor Evolution Tower on Calle 50.  The bold and vibrant design of W Panama, under the ownership of Evolution Tower Corp., blends centuries of history and culture with the nearby tropical paradise and trendy metropolitan spirit of Panama City. “Panama City is one of the most vibrant and dynamic cities...

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Panama Begins Construction of New Amador Cruise Home Port

Panama broke ground Wednesday for its $166m cruise terminal at Panama City's Amador Causeway, near the Pacific entrance to the Panama Canal. The development of this new homeport on Perico Island is driven by the national government through the Panama Maritime Authority. It will allow many thousands of passengers to embark on cruises from Panama, according to Maritime Authority administrator Jorge Barakat Pitty. With this port officials also hope ships transiting the Canal will dock at Panama City. The 2017/18 cruise season sees around 250 vessels making transits. 'This means...

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Marriott Upgrades Autograph Collection Hotel in Panama

The Buenaventura Golf & Beach Resort, which is located in Panama's Buenaventura resort community, joined Marriott International’s Autograph Collection Hotels following the completion of a renovation to enhance its guestrooms, restaurants and meeting spaces. The Buenaventura incorporates Panamanian elements into its design. The property made enhancements to the 118 guestrooms, suites and villas, all of them now including handcrafted pillows and handwoven traditional chunga baskets influenced by the country’s central provinces. The resort’s five restaurants were also upgraded. EDG Design...

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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,...

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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,...

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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...

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