Trump to open Panama City hotel July 6; others to follow

The Trump Hotel Collection will open its sixth hotel in Panama City on July 6, possibly giving the growing hotel chain a jump on its bigger rivals in this growing business destination. I

ntroductory rates start at $279 a night for all bookings made through July 31; the deal includes complimentary breakfast and a 20% bar discount. After that, expect rates to start at $349.

Once the 369-room hotel's been operating a while and, like any new hotel, works out any kinks it might have, Trump Hotel Collection chief Jim Petrus said he expects the hotel rates to average, $400 a night. If true, it would make it one of Panama City's priciest hotels. (The developer posted images of the building's progress from a webcam on the hotel-condominium's website.)

With its unmistakable, sail-like shape that's easy to spot on the skyline, the tower also highlights a city that's becoming an increasingly popular destination especially with Americans. Petrus is counting on Americans to fill roughly 50% of the hotel's rooms.

Source: USA Today