Extending its reach in Latin America, Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today announced the debut of its fast-growing Aloft brand in Panama City, Panama set to open in December 2012.
Wyndham Hotels and Resorts, LLC, a subsidiary of Wyndham Worldwide Corporation (NYSE: WYN), today announced its expansion in Central America with the opening of the Wyndham Garden Hotel Panama City, a new construction hotel in Panama’s capital city.
“It will also be built to achieve LEED certification (leader in energy and environmental design), awarded by the U.S. Green Building Council for buildings meeting certain environmentally friendly criteria,”
The Costa Rican cellular phone market will have two new providers in 2011, regional giants America Móvil and Telefónica.
On Tuesday at the Hotel Intercontinental in Escazú, west of San José, the bidding opened at 10 a.m., and allowed bidders one hour for their presentations to a SUTEL panel. Near the end of the hour, Mexico-based América Móvil, known locally as the company Claro, and Spanish provider Telefónica, which will become Azules y Platas, approached the panel and submitted their secret bids. Each company also paid a $3.5 million deposit to the Central Bank of Costa Rica.
Complete news: http://bit.ly/dO3Qgj or http://www.ticotimes.net/Business-Real-Estate/Telecom-giants-enter-C.R.-cell-phone-market_Friday-December-17-2010