Latest Investment Craze in Real Estate; Knightsbridge Investment Group Lead the Way

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Condo Hotels are quickly becoming one of the most popular real estate investments. This is in part due to the low purchase price, high returns and property management from the operator making this a hassle free venture.

A new skyline is about to fill the horizon of the gorgeous Panama City. The Orchid, recently announced luxurious hotel in the core of Panama City, will surely enrich the landscape of the country and will create a new level of luxury for tourists.

Benchmark Hospitality International recently announced the emergence of this luxury hotel. The company is widely known for its upscale resorts, conference centers, hotels and condominium resorts across the U.S. Now it is eyeing Panama with the plan of operating three hotels in the island country. The first project 'Orchard Hotel' represents Panama's traditional symbol of beauty; its national flower - the Orchard.

When it comes to trading, Panama is said to be the gateway to Latin America. Therefore, the Benchmark mainly focuses to welcome business professionals, international meeting guests along with vacationers arriving from across the world. The company feels, the Orchid will be the first national identification of a luxury hotel which will also depict the friendliness of the people of Panama.

As mentioned earlier, the Orchid is the first hotel among three to be operated by the consortium Benchmark Hospitality International. The second one will be located in the financial district of Panama, just like the Orchard Hotel and the third one will be an ocean-front resort, just an hour away from the city, near the beautiful beach.

During a recent press conference, Burt Cabañas, the Chairman & CEO of Benchmark Hospitality International remarked this venture as an opportunity to carry on their growth into Latin America. Burt Cabañas also revealed the owners of the three projects. He said, Daniel Lundstrom, a Florida based real estate investor, and Proyectos, Construcción y Administración, a leading Panamanian developer are the owners of the hotels.

Both Daniel Lundstrom and Proyectos, Construcción y Administración have a stellar reputation in the real estate industry of both the U.S and in Panama. The Benchmark Hospitality International will be the operating partner in all three projects.

The Orchard is being constructed on Aquilino de la Guardia Avenue, largely surrounded by banks, world-class shopping, casinos, fine dining restaurants and a vibrant nightlife - a tourist can not ask for a better place. Moreover, Panama's famous beaches are only some feet away. The hotel is also close to the mountains and the rain forests.

The location of the hotel is quite convenient; it is just 20 minutes from the Panama Canal Zone, 20 minutes from Tocumen International Airport and 10 minutes from the Marco A. Gelabert Airport.

Benchmark Hospitality International plans to fascinate the tourists in every moment of their stay with luxury and comfort. The Orchard is their first step towards the process. The 17 storied hotel will have 170 suites elaborately organized with the latest technology and various facilities along with and state-of-the-art fitness facilities and custom made furnishings.

The hotel's features are largely focused on the business amenities as the company feels, business professionals will be the most dominating segment. Two levels of technologically advanced meeting rooms and luxurious board rooms will be facilitating the guests and the Conference Concierge Services will ensure a productive meeting environment.

The restaurant of the Orchard is going to be a Tapas-style with Spanish and fashionable local cuisine of Panama. A bar is to come along with the restaurant which will have an exclusive collection of wines.

Benchmark Hospitality International is determined to offer comfort and relaxation and rejuvenation at the highest standard in its Spa. The Spa of the Orchard Hotel will offer customized treatments with the use of innate elements extracted from Panama's rich organic environment. In addition, a prestigious line of renowned spa products will be available here.

Proyectos, Construcción y Administración has designed the architecture of the Orchard Hotel which features a sophisticated and contemporary glass exterior. Proyectos, Construcción y Administración plans a palette of warm and soothing colors for its interior design.

Panama is in a favorable geographical position, with water all around. The country is just four hours away by air from major the U.S. cities. U.S. dollar is the currency. Over the years, Panama has shown explosive growth rate and now is considered as one of the most attractive financial centers. Country's population is largely bilingual and educated. The country is the home to the Panama Canal which embarked on a vast expansion program recently.

Based in the Woodlands, Houston, Texas, Benchmark Hospitality International has a reputation of managing resorts, conference centers, hotels and condominium resorts efficiently. The company has its business mostly in the U.S. and in Latin America.

Proyectos, Construcción y Administración, S.A. is a family owned real estate company. The company is widely renowned for turning its great ideas into authenticity. Proyectos, Construcción y Administración has been operating in Panama's real estate industry for a long time now. Architect Isaac D. Mizrachi has been designing most of the company's architectural projects for the last 30 years.

Proyectos, Construcción y Administración has a business philosophy of creating simple yet effective buildings in premium locations and to offer unbeatable customer satisfaction to its stakeholders. The Orchard is just another feather in their wing.

About Knightsbridge Investment group:
Knightsbridge Investment Group offers investment properties for discerning individuals around the world. Providing the foreign investor with a large selection of properties, Knightsbridge is a comprehensive knowledge source for real estate including all legal and financial aspects involved in purchase.
http://www.knightsbridgeinvest-panama.com/
1800 583 2779 USA Toll free
00507 228 07 Panama office
0800 032 5039 UK free phone

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