During the ITB Berlin tourism trade show in Germany, RG Hotels Group announced a new agreement for the branding and management of its recently completed luxury five-star resort property at Playa Blanca, Panama.
Blue Diamond, the new hotel operations company owned by Sunwing Group of Canada, and the European tour operator TUI will work with RG Hotels to manage the property under the Royalton Hotels brand.
The management agreement will cover the newest property in the RG Hotels portfolio, located to the west of Panama City, previously known as Nikki Beach Playa Blanca.
The resort features 240 rooms, 70 percent of which are 90-square-meter oceanfront suites. The hotel also features five restaurants, two pools, an events hall, amenities for the whole family and a modernist chic, organic design.
In addition to this agreement RG Hotels and Blue Diamond are developing expansion plans for two more properties in the Playa Blanca area to compliment the region's lodging options. Blue Diamond Resorts and its shareholders are betting on Panama as a major tourist destination, complementing their strong position among corporate and leisure travelers.