Trump Hotel to becom JW Marriott

Former Trump hotel will carry the JW Marriott brand as of next September

Ithaca Capital announced that the Bahia Grand Panama hotel -the current name of the former Trump Ocean Club International Hotel & Tower Panama- will be called JW Marriott.  the luxury brand of the American hotel operator Marriott International.

The complex was operated until March of this year by Trump Panama Hotel Management, a company linked to the president of the United States, Donald Trump , but after a bitter confrontation with the owner of the property, the Cypriot Orestes Fintiklis, managing partner of Ithaca Capital, the Trump group lost the operation of the hotel.

Ithaca Capital signed agreements with Marriott International to change the hotel brand to JW Marriott, under a long-term management contract.

"We are delighted that our hotel will operate as JW Marriott and we believe that this partnership, together with a talented team and spectacular services, will be a success," Fintiklis said in a statement.

There are about 80 hotels with the JW Marriott brand in 25 countries.

"Marriott International is proud to partner with Ithaca Capital for the relaunch of this iconic hotel in Panama City, a growing city, increasingly important for Latin America." This hotel will represent the twelfth hotel of the JW Marriott brand. operating in our region, "said Laurent de Kousemaeker, Development Director of Marriott International, Caribbean and Latin America.