Panama, Casco Viejo
Casco Antiguo, San Felipe

From Today´s La Prensa:

Panama will have a Renaissance Hotel (by Marriott) by 2011. This announcement was made by Edward Fuller, president and executive director for Marriott International in the region, who mentioned this would be an investment of about 40 million dollars. "Panama´s economics are strong and the hotel industry is in constant growth".  Renaissance Panama Hotel is expected to have 300 rooms and will be part of a mixed project which will include both residential and commercial real estate. The current Marriott hotel seems to be quite busy itself, as according to Fuller it is currently under expansion. An investment of another $10 million dollars resulting in a total of 376 rooms.

Finally, they are planning two more projects in Panama City: with Hotel Courtyard by Marriott Panama (will expand to 248 rooms) and the opening of another hotel near the commercial shopping mall Los Pueblos.