Wednesday, September 24, 2014

Hyatt to Invest $36 Million in its First Hotel in El Salvador

U.S.-based Hyatt Hotels Corp. has laid the cornerstone for its first hotel in El Salvador, a $36 million project, the Salvadoran government development agency said. The future Hyatt Place San Salvador will rise in a shopping center in Antiguo Cuscatlan, a suburb of El Salvador’s capital, the Salvadoran Export and Investment Promotion Agency (PROESA) said. The hotel should begin operating in the first half of 2016, creating some 300 direct jobs, PROESA said.

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