The commitment of the government of President Nayib Bukele to turn El Salvador into a destination for investment continues to advance. Vice President Felix Ulloa, together with the Minister of Tourism, Morena Valdes, and the presidential commissioner for strategic projects, Cristian Flores, participate in the inauguration of the Hyatt Centric San Salvador, a lifestyle hotel in the capital of El Salvador.
With the opening of the Hyatt Centric San Salvador, a lifestyle hotel in the capital of El Salvador, the chain now has five similar hotels in the region.
The hotel is located in the Soho Cascadas shopping center and features a contemporary design and offers 138 rooms, including three suites, as well as a versatile space for events and any meeting for up to 150 participants.
Ariel Picco, CFO of the multinational company, indicated that the project required an investment of more than $36 million.
“We are proud to come to the country with an interesting bet on the economic recovery and the confidence of being able to generate jobs and welfare to the population. We are grateful for the facilities and support received from all sectors in this new adventure in the region,” he added.
Cesar Recalde, Corporate Director of Human Talent of GHL, said that the group is a strategic ally for the Salvadoran corporate market, so they are sure that it will contribute to the growth and development of the local and regional tourism sector.
As part of the work of President Nayib Bukele’s government with the attraction of new investments in the country, the Minister of Tourism, Morena Valdez, currently the country has more than 7,000 rooms available nationwide; however, 13,000 will be needed by the end of the year.
“Hyatt Centric joins and adds so that we do not have a deficit in the demand of rooms”, explained the official.
Valdez indicated that the Government is working on basic infrastructure so that investors will want to come to the country.