Casco Life

Panama News: Marriott International Inc. will introduce Renaissance hotels in Panama

 Panama, Casco Viejo
Casco Antiguo, San Felipe

From Today´s La Prensa:

Panama will have a Renaissance Hotel (by Marriott) by 2011. This announcement was made by Edward Fuller, president and executive director for Marriott International in the region, who mentioned this would be an investment of about 40 million dollars. “Panama´s economics are strong and the hotel industry is in constant growth”.  Renaissance Panama Hotel is expected to have 300 rooms and will be part of a mixed project which will include both residential and commercial real estate. The current Marriott hotel seems to be quite busy itself, as according to Fuller it is currently under expansion. An investment of another $10 million dollars resulting in a total of 376 rooms.

Finally, they are planning two more projects in Panama City: with Hotel Courtyard by Marriott Panama (will expand to 248 rooms) and the opening of another hotel near the commercial shopping mall Los Pueblos.

Live, Work,
Invest

in Casco.
Arco Properties is the leading real estate agency focused exclusively on residential and commercial properties in Casco Antiguo since 2005. We are the only real estate company specializing in Casco Antiguo that donates 10% of its profits and 5% of the time of its staff in volunteering to non-profit organizations dedicated to the revitalization of the Human Heritage of the Casco Antiguo.
Arco Properties is an affiliate of Grupo Conservatorio. We are committed to inclusive and sustainable urban revitalization. We believe in the value of socially diverse communities and in building one affordable apartment for each high-end apartment.

For more information

  • Panamá: +507-228-6650
  • Calle 4a y Ave A, Edificio Cuatro Casas,
    Planta Baja, Casco Antiguo.