BETHESDA, Md., Nov. 22, 2011 — /PRNewswire/ – Marriott International (NYSE: MAR) announced today that the Finisterre Suites in Panama City, Panama, will be converted to a Marriott Executive Apartments extended stay hotel in early 2012. The 126-unit Marriott Executive Apartments Finisterre – Panama, will be operated by Marriott under a long term management agreement with the owner, Grupo Hotelero Finisterre S.A. Marriott Executive Apartments was selected by the owner as the preferred brand and operator, after a competitive operator search process carried out by the tourism consultancy, C4T Tourism, Business Planning.
“Designed for extended stay travellers, Marriott Executive Apartments offers the convenience of a five-star, full-service hotel with the space, ambience and privacy of residential living,” said Loren Nalewanski, vice president of brand management for Marriott Executive Apartments. “We are pleased that this will be our first Marriott Executive Apartments hotel in Central America.”
The hotel in Panama City is located on the corner of Calle Colombia and Avenida 3a Sur in downtown Panama
Article source: http://www.sacbee.com/2011/11/22/4073493/marriott-international-to-manage.html posted in Panama News