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Marriott International Announces Opening of Its First Residence Inn by Marriott in Panama

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WHY IT RATES: Located in one of Panama City’s most lively neighborhoods, the Residence Inn Panama City allows guests to immerse themselves in Panama’s culture. – Mackenzie Cullen, Editorial Associate.


Marriott International today announced the highly anticipated opening of the first Residence Inn in Panama City. With properties located in the United States, Canada, Europe, Middle East and Central America, Residence Inn is the global leader in the longer stays lodging segment.

Located in the Pacific Center Punta Paitilla, one of the city’s most dynamic neighborhoods, the Residence Inn Panama City was thoughtfully designed to capture the vibrant culture and history of Panama. Featuring 144 well-appointed spacious suites ranging from 440ft2 to 840ft2 the property will offer travelers a new option in the longer stays segment, blending comfort and style.

“Panama City is a key market for longer-stay travel and the perfect place for Residence Inn by Marriott. The spacious suites with separate living, working, and sleeping zones and fully functional kitchens will help guests maximize their time and thrive while they travel,” said Carlos Roque, General Manager of Residence Inn Panama City. “Located just a few minutes from historic Casco Viejo, travelers will have the option to enjoy restaurants, shops and nightlife creating work-life balance and a true home away from home.”

The hotel offers additional amenities including complimentary grocery delivery service and daily hot breakfast, a 24-hour market, a common laundry room, and a state-of-the-art fitness facility. For guests seeking a full-service dining experience, the restaurant and lounge in the Sky Lobby offer local cuisine complemented by regionally-infused crafted cocktails.

To bring the destination’s vibrant culture and history to life on property, the Sky Lobby pays tribute with a map of Panama created by architect Maritza Lantry using embossed wooden planks. The restaurant features vintage flooring, similar to those found in Caso Viejo, integrating silver touches to represent Panama’s metropolitan side.

Residence Inn Panama City offers close to 2.153 ft2 of naturally-lit meeting space with built-in multimedia technology. Groups of up to 100 can take advantage of flexible meeting rooms and dedicated gathering spaces for meals, breakout sessions, one-on-one meetings, and more.

For more information on Residence Inn Panama City visit http://www.marriott.com.


SOURCE: Marriott International press release.

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Hotels

Marriott Attains Record Growth in Caribbean, Latin America

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Marriott International achieved record growth in the Caribbean and Latin America last year, signing 10,000 rooms across 15 brands in 17 different countries and territories.

2019 marks the hotel giant’s fourth straight year of record expansion in the region, increasing its portfolio in the region to 268 open properties and 55,195 rooms in 34 countries and territories.

Highlights of Marriott’s epic year in the Caribbean and Latin America include 2,100 conversion rooms, the first Delta Hotels by Marriott signing in the region and the launch of the company’s all-inclusive program last August. Since then, Marriott has signed seven management and franchise agreements for all-inclusive properties representing nearly 3,200 rooms, including an 800-room Marriott Hotels resort in Jamaica and a 240-room Ritz-Carlton property in Mexico.

What’s more, Marriott’s affordable lifestyle brands—including AC Hotels by Marriott, Aloft and Moxy—continue to expand rapidly throughout the region, signing a combined 1,284 rooms last year.

Marriott also completed its acquisition of Elegant Hotels Group last year. The group consists of 588 rooms across seven hotels located on Barbados’ Platinum Coast.

“We had a landmark year for hotel transactions in the Caribbean and Latin America in 2019, fueled by the hotel development community’s demand for our leading business support and loyalty program, our attractive brands and strong owner interest in our new all-inclusive brand extensions,” said Laurent de Kousemaeker, Chief Development Officer, Marriott International, in a statement. “With a growing pipeline of 146 hotels and resorts totaling over 24,000 rooms, we are poised for solid growth in this region, providing more opportunity to drive engagement with our loyalty members.”

The record-breaking year certainly isn’t anything new for Marriott, which expanded its global pipeline to 515,000 rooms as of year-end 2019 for the first time in the company’s history.

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