Jumeirah Set to Manage City Hotel in Panama

Jumeirah Group, the Dubai-based luxury hospitality company, has been appointed by Grupo Mall, a developer of residential and mixed-use projects throughout Spain and Mexico, to manage a luxury hotel in Panama City. The management agreement was signed by Julio Noval-García, president of Grupo Mall and Gerald Lawless, executive chairman of Jumeirah Group, at a private ceremony held in the Burj Al Arab in Dubai.

Designed by architectural firm Chapman Taylor and Humberto Echeverria and Associates, Los Faros de Panama complex will ultimately consist of three towers. The central tower will be 361 meters tall and 85 floors (Phase 1), making it one of the tallest towers in Latin America.

The two lateral towers (Phase 2) will reach 266 meters in height with 75 floors. In addition to luxury residences and Class A office space, the main tower will include Jumeirah Los Faros de Panama, comprising 400 luxurious hotel rooms and suites, Jumeirah’s signature Talise spa, fitness and leisure amenities, and 3,000 square meters of conference and meeting facilities. Hotel guests, residents and visitors to the tower will also have access to exclusive restaurants, lounges and retail outlets.