First Hyatt-branded hotel opens in Nicaragua

MANAGUA, Nicaragua – Hyatt Hotels Corporation and LATAM Hotels Corp announce the opening of Hyatt Place Managua, the first Hyatt-branded hotel in the capital city of Managua, Nicaragua. The hotel features the Hyatt Place brand’s intuitive design, casual atmosphere and practical amenities, such as free Wi-Fi and 24-hour food offerings. The hotel is owned by LATAM Corp and operated by GHL.

“We are delighted to open Hyatt Place Managua through our relationship with Hyatt. It is the second Hyatt Place hotel we are opening in Central America and we believe it will be a key player among Managua’s hospitality offerings,” said Fernando Paiz, president, LATAM Hotel Corp. “The hotel’s walkway connecting it to the Galerias Santo Domingo shopping center is an important feature for guests, in addition to the brand’s 24/7 services and modern amenities, creating a perfect stay in the city.”

Hyatt Place Managua is the second of five Hyatt Place hotels that LATAM Hotel Corp. is slated to open in Central America over the next three years. The first hotel, Hyatt Place Tegucigalpa, opened in September 2015, and Hyatt Place Guatemala City is expected to open before the end of 2016. Previously announced hotels will be located in San Salvador, El Salvador and San Pedro Sula, Honduras. Currently in Latin America and the Caribbean, Hyatt Place hotels are located in Chile, Costa Rica, Honduras, Mexico, Panama and Puerto Rico.

“As the Hyatt portfolio of brands continues to enter new markets throughout the world, we are delighted that the opening of Hyatt Place Managua marks the first Hyatt-branded hotel in Nicaragua,” said Steven Dominguez, vice president of global brands for Hyatt Place and Hyatt House. “With our smartly designed social spaces and guestrooms with separate work and sleep areas, our multitasking guests can easily accomplish what they need to do while on the road.”

“Managua is a vibrant and culturally rich city, filled with friendly people and an ever expanding list of great places to visit and things to do or see. Our hotel is central to all of them and we are confident that Hyatt Place Managua will exceed guests’ expectations and provide them with everything they need while visiting our area,” said General Manager Rafael Correa.