With currently 319 hotel construction projects, the Latin American market cannot compete with other regions worldwide. But with its small number of projects the region still offers a good potential for hospitality stakeholders. A quarter of these projects is currently being built in Mexico (80 projects) but also Brazil (66 projects) and Colombia (23 projects) are looking forward to their new hotel openings.Under Construction: W Hotels takes up residence in the 50-floor Evolution Tower in Panama
W Hotels Worldwide, part of Marriott International, is collaborating with SBA group and Krause Sawyer to create a hotel located in the heart of Panama’s financial district.
The new hotel will be located on Calle 50 and within the 50-floor Evolution Tower, a mixed-use building which will also include premium office space. The new construction is in close proximity to Uruguay Street, known as the “Zona Rosa” of Panama and is bustling with trendy restaurants and nightclubs. The W Panama will offer 203 stylish guest rooms, with 24 suites, three Wow suites, and one Extreme Wow suite (the W brand’s take on the Presidential Suite). Moreover two signature restaurants, the W Living Room experience (reinterpretation of the traditional hotel lobby), destination nightclub, WET pool deck, spa and 8,400 square foot workout fitness facility will be built.

W Panama will feature more than 21,900 square feet of meeting and events space, including a Great Room and six meeting rooms. Saul Faskha, President of Evolution Tower Corp has already announced: “It has been a dream of ours to bring the W brand to a growing cosmopolitan city such as Panama”. The planned Evolution Tower will have an impressive impact on the Panama City skyline, and will undoubtedly offer superb views of the city, and on the upper floors, of the bay and Panama Canal.
According to the TOPHOTELPROJECTS online database, currently seven hotel projects with 1,514 rooms are in the pipeline in Panama. Besides the W Panama, also the Gran Evenia Hotel & Spa as well as the Santa Maria hotel will be located directly in Panama City.