Marriott International Announces Opening of the First Residence Inn in Panama City
January 24, 2020 at 11:43 am
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Marriott International 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. The hotel offers additional amenities including complimentary grocery delivery service and daily hot breakfast, a 24-hour market, a common laundry room, and a 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.
Marriott International, Inc. specializes in hotel operating. Net sales break down by activity area as follows:
- The United States and Canada (79.9%):
- International (20.1%).
At the end of 2023, the group operated 8,785 hotels and residences (1,513,926 rooms) under the brands JW Marriott, The Ritz-Carlton, St. Regis, W Hotels, The Luxury Collection, EDITION, Bulgari, Marriott Hotels, Sheraton, Westin, Courtyard, Residence Inn, Le Méridien, Fairfield by Marriott, SpringHill, Renaissance, Four Points, AC Hotels by Marriott, Protea Hotels, Element, Moxy, etc., distributed between franchised hotels (6,563; 994,354 rooms), managed hotels (2,046; 575,963 rooms), owned and leased hotels (50; 13,115) and residential hotels (113; 11,481). In addition, the group is developing a real estate development business under its own brands.