IHG Signs Agreement for the First Staybridge Suites in Central America

IHG Signs Agreement for the First Staybridge Suites in Central America

IHG (InterContinental Hotels Group), (LON: IHG) (NYSE:IHG) (ADRs), the world’s largest hotel group by number of rooms, announced that it has signed a 15-year license agreement with Shakir Investment Group for a new-build Staybridge Suites hotel, scheduled to open in late 2012 in Panama City, Panama.

It will be the first Staybridge Suites property in Central America, and the second in Latin America, complementing a 31-story, 215-guestroom Staybridge Suites in Sao Paulo, Brazil. There are more than 180 Staybridge Suites opened across the Americas, Europe and the Middle East.

Located less than two miles off the Bridge of the Americas and next to the entrance to the popular Amador Causeway, the 122-room Staybridge Suites Panama City will be in close proximity to the Figali Convention Center, the Smithsonian Institute of Tropical Research and other popular tourist destinations, fine dining restaurants and beautiful scenery.

The 13-story property will feature three well-designed spacious suite options (deluxe studio, one-bedroom and two-bedroom/two-bath). All suites include in-room DVD/CD players; functional, well-lit work stations with ergonomic seating; speaker phones, personal voice mail and complimentary local phone calls; and fully equipped kitchens.

Consistent with the Staybridge Suites brand, the new hotel will offer exceptional guest amenities including a deluxe complimentary daily breakfast buffet; complimentary guest laundry and workout facilities; a complimentary 24-hour business services center; a guest library with books and games; and BridgeMart®, the hotel’s 24-hour convenience store stocked with snacks, sundries, beverages and easy-to-prepare meals. The hotel also includes a fully-equipped fitness center, rooftop swimming pool, two-story underground parking and meeting space.

Guests will be invited to get comfortable in the hotel’s Great Room for evening “Sundowner” receptions three days a week that include complimentary refreshments, light appetizers and conversation.

Staybridge Suites® is an innovative all-suite hotel brand designed to meet the needs of extended-stay guests. It is ideal for travelers seeking a residential-style hotel that is perfect for business, relocation and vacations.