Meliá Hotels International today presented results for the first half of 2012 within a framework in which the International Monetary Fund has revised downwards its economic forecasts. In America RevPAR grew by 25.5 with the improvements in results.

Hilton Worldwide is opening its first Waldorf Astoria hotel in Latin America: the Waldorf Astoria Panama. Waldorf Astoria Panama is scheduled to open this year in Panama’s capital of Panama City. It is accepting reservations with rates from $219 per night. That price does not include taxes, tips and fees.