SOURCE: Trump Panama International Hotel & Tower

Trump Panama International Hotel & Tower

August 22, 2011 09:00 ET

Trump Ocean Club® International Hotel & Tower® Panama Celebrates Remarkable Success Since Grand Opening

Hotel Sells Out in the First Two Weeks

PUNTA PACIFICA, PANAMA--(Marketwire - Aug 22, 2011) - In typical Trump fashion, the newly opened Trump Ocean Club® International Hotel & Tower® in Panama has entered the market victoriously, celebrating tremendous success and generating great response from both locals and international travelers since its grand debut just last month. The first five-star property in the country, the Trump Panama luxury hotel has introduced an exceptional experience blended with superior hotel services and lavish amenities that is unparalleled in the country.

In the first two weeks of opening, Trump Panama was completely sold out -- a record in Panama for a hotel of this stature. The average occupancy has been 70% in the past two months, much higher than anticipated, with the pace of reservations quickly increasing. Guests who have stayed at the hotel praise the exceptionally trained staff, as well as the lavish accommodations and activities. The hotel's three restaurants -- Tejas Restaurant & Bar, BARcelona Tapas Restaurant & Bar and Azul Pool Bar & Grill -- have also become favorites among locals and visitors. Nearly every weekend, all three restaurants enjoy a full house, serving exquisite Spanish influenced cuisine.

"We could not be more pleased with the high level of business achieved thus far for our first international venture," explains Jim Petrus, COO of the Trump Hotel Collection. "The local and international community have welcomed Trump Panama with open arms and we are truly appreciative."

The hotel's beautiful meeting spaces -- areas totaling to more than 46,000 square feet of state-of-the-art function space -- have also been in high demand. Even before opening, the property hosted a 900-person wedding event as well as a launch event for a luxury car brand. The hotel houses a grand ballroom, three meeting rooms and an ample pre-function area. Groups can also be accommodated in a variety of open-air areas, breathtaking oceanfront terraces and private restaurant spaces. Already, the hotel's meeting space is quickly being booked up during the weekdays and weekends leading up to the holidays in November and December.

"The guest experience is priority for us," explains Mark Stevenson, Managing Director of Trump Ocean Club. "Our staff goes through extensive training to uphold the highest standard of service, providing the best experience possible. We can attribute the great success we've experienced thus far to the first-class service as well as the five-star experience at Trump Panama."

Due to the increasing demand, Trump Panama Executives already had to increase the on-site staff, hiring 100 new employees since opening.

"We anticipate a very busy high-season and looking forward to welcoming more and more guests to Trump Panama," adds Stevenson.

As the tallest and largest building in Latin America, the property certainly has continued upholding its reputation, now on its way to one of the most successful in the region.

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