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| NICARAGUA

MARRIOTT The project for the new Hotel Marriott which is being constructed on the Pacific Coast between San Juan del Sur and Montelimar is projected at being finished by the year 2007.

This hotel will open up many new doors for tourism in Nicaragua especially advantaging larger groups and incentive trips.

The hotel will boast the usual superb Marriott style and luxury,  200 rooms and an unforgettable view of the pacific ocean.

An investment of $150 million has secured the land, and the initial construction planning stages are now under way.

MORE HOTEL CAPACITY IN GRANADA Even though Nicaragua is still in its infancy, many hotels are now preparing for a busy high season. In Granada various hotels are building new rooms.

Hotel Colonial (3*superior) will be extending their facilities with 22 VIP luxury rooms. The hotel will built a swimming pool and jacuzzis.

Hotel Granada (3*)will also be counting on another 30 rooms to be finished by the end of 2006 which will take the total up to 80.
Hotel Colon (4*) will be offering 20 comfortable and beautifully decorated rooms. Many of these will have the romantic view of the park and cathedral which that are located on the other side of the hotel.

Also the NOROME project which will be of a high luxurious category will be completing 40 new condominiums in Granada.

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