Hyatt reveals its Panama plans

Hyatt reveals its Panama plans

Hyatt Hotels Corp. declared their plans for a 168 room Hyatt Place as well as a hundred and twenty room Hyatt House in Costa del Este in Panama City in Panama. Construction will start sometime later this year and both these properties are anticipated to start operation in early 2015. The hotels will connect Hyatt Place Panama City that will open later this year.

Hyatt's senior vice president, development and real estate (Latin America and the Caribbean) Pat McCudden told that they believe there is significant potential to grow this extended stay brand throughout the region. As the high tourism season in Central America comes to an end for this year, Panama vacations company PLV gears up for the busiest week of the year.

Semana Santa like it is called in Spanish, is actually the week before Easter day according to Christian calendar year and it is widely celebrated across Latin America. Several countries, including Panama, witness the Easter holiday by taking the whole week off work. People of Panama for the most part relish the Holy Week by going to the plethora of Panama all inclusive hotels and resorts. In several cases the hotels are booked in advance up to a year.

The whole tourism industry sees this holiday as a very important part to the success of their respective businesses whether tour operators, airlines, hotels or resorts or rental companies to name a few.