W Hotels Worldwide Signs Agreement for First Property in Panama

W Hotels Worldwide plans to open W Panama in early 2016 in the 50-floor Evolution Tower, a mixed-use building in the city’s financial district. W Panama will be built on Calle 50, steps from Uruguay Street, which is known as the Zona Rosa of Panama and is full of restaurants and nightclubs.

“Panama continues to see strong growth in both business and tourism development given its strategic location between North and South America and ease of access from around the world,” said Osvaldo Librizzi, co-president of the Americas for Starwood Hotels & Resorts. “We are excited to partner with Evolution Tower Corp., which has a strong presence in high-end construction and iconic developments. We are confident that this first W in Central America will become a new landmark in the city.”

W Panama will offer 203 guest rooms, with 24 suites, three Wow suites, and one Extreme Wow suite (the W brand’s take on the Presidential Suite), two signature restaurants, the W Living Room experience (reinterpretation of the traditional hotel lobby), destination nightclub, WET pool deck, spa and an 8,400-square-foot fitness facility.

W Panama will feature more than 21,900 square feet of meeting and events space, including a Great Room and six meeting rooms.

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