Marriott International (NYSE:MAR) announced plans to open the first Courtyard by Marriott brand hotel in Bogota, Colombia’s largest financial, political, and cultural center, also known as one of the fastest growing metropolitan areas in South America. The deal was signed with close affiliates of Inrama S.A., a prominent construction company in Colombia with over 37 years of experience and a portfolio that includes the largest shopping center in Bogota and some of the most sought after office space and residential units.
The hotel, opening in April 2014, will be the 146-room Courtyard hotel on the prestigious Avenida El Dorado, making it the closest hotel to the recently inaugurated new terminal at El Dorado International Airport, and will also be part of a mixed-use complex which will include prime office and retail space.
“The Courtyard by Marriott brand was a perfect fit for this hotel and, combined with Marriott’s backbone and sales engine, we are confident that the hotel will be highly successful and play a large role in the continued emergence of Colombia,” said Jorge Rincón, General Manager of Optimus S.A..
"The new Courtyard by Marriott in Bogota will be a significant milestone in our rapid expansion across Latin America," said Craig S. Smith, President of the Caribbean & Latin America at Marriott International. "The hotel will feature a modern, functional design while embracing Colombia's vibrant culture and the amenities travelers trust from our globally renowned Marriott International brands."