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IHG Expands Crowne Plaza Hotels & Resorts Brand in Panama

Monday March 31st, 2014 - 2:40PM

PANAMA CITY—With the signing of the Crowne Plaza Panama Airport hotel, IHG continues to grow its Crowne Plaza Hotels & Resorts portfolio in Panama.

The new-build, 126-room hotel is expected to open in February 2015 and will be the second Crowne Plaza hotel in Panama. . IHG currently has five hotels and 971 rooms open in Panama, with another two hotels (248 rooms) in the pipeline (as of Dec.31, 2013).

“This marks our fifth project with longstanding IHG partner Bern Hotels & Resorts. The company has an excellent reputation in the region and we look forward to continuing to grow our relationship with them,” stated Alvaro Diago, COO, Latin America and Caribbean at IHG. “We feel that a Crowne Plaza hotel will work very well in this market as it offers a combination of premium accommodations and great service that will enable business travelers to have a successful trip.”

Located near Tocumen International Airport, the Crowne Plaza Panama Airport hotel will be part of the Global Business Terminal, a 520,000 sq. ft. modern complex with eight office towers, an exhibition hall, a conference center and parking facilities for more than 700 vehicles. The hotel will offer 3,000 sq. ft. of meeting space, as well as a restaurant, bar, business center, two retail shops and an outdoor swimming pool.

“This hotel’s location in a global business hub near a major international airport makes it a perfect fit for the Crowne Plaza brand,” said Joel Eisemann, chief development officer, IHG, the Americas. “We know our guests need to be productive when they’re on the road for work, and our hotels offer the service and amenities that enable them to be successful.”

The Crowne Plaza Panama Airport hotel is a franchise agreement with Bern Hotels & Resorts, which owns the existing InterContinental Miramar Panama, InterContinental Playa Bonita Resort & Spa, Crowne Plaza Panama and Holiday Inn Panama Canal hotels.