JW Marriott will raise its flag in Panama City
Ithaca Capital announced today that the iconic Bahia Grand Panama hotel, located in the tallest building in Panama and Central America, will become a JW Marriott hotel in September 2018
The hotel, which was originally opened in 2011, operates as an independent property since March 2018. Ithaca Capital, Hotel ToC and Marriott International signed agreements to change the brand of the hotel as JW Marriott, under a long-term management contract with Marriott International.
"We are delighted that our hotel operates as JW Marriott and we believe that this partnership, together with a talented team and spectacular services, will be a success, and we look forward to welcoming new and returning guests to this iconic property," said Orestes Fintiklis, managing partner of Ithaca Capital.
At 284 meters high (932 feet), the modern architecture of the property has become an emblem of Panama City and its skyline. Located in front of the ocean in the prestigious neighborhood of Punta Pacifica in Panama City, close to the banking, commercial and entertainment areas, the hotel offers the privacy and privacy of an urban oasis.
Guests can enjoy three world-class restaurants, a popular bar (Cava 15), a large terrace with swimming pool and a state-of-the-art conference room. With an average of 600 square feet each, the 369 hotel rooms are the largest in the city; many with views directly facing the sea, enjoying open views of the Gulf of Panama and the skyline of the city.
JW Marriott is part of Marriott International's luxury portfolio, made up of beautiful and distinctive properties, in key urban and tourist locations around the world. Today, there are about 80 JW Marriott hotels in more than 25 countries and territories.
"Marriott International is proud to partner with Ithaca Capital for the relaunch of this iconic hotel in Panama City, a growing entry city, increasingly important for Latin America." This hotel will represent the twelfth hotel of the JW Marriott brand. operates in our region and caters to sophisticated travelers looking for the world-class JW Treatment ™, "said Laurent de Kousemaeker, Development Director of Marriott International, Caribbean and Latin America.