Released on: January 14, 2008, 3:13 am

Press Release Author: Victoria Castro

Industry: Real Estate

Press Release Summary: As one of the premiere destinations on the UNESCO World
Heritage List, and complete with all of the necessary elements to be a thriving
success, Hotel Casco Antiguo will undoubtedly be topping the roster as the area's
most spectacular and flourishing project in the up and coming area

Press Release Body:
Miami, FL,Jan,14,2008 -- Casco Viejo has become a hub for renovations with seemingly
endless construction, new developments, and countless new projects in effect. With
such an abundance of new names and hotels in the area, it might be confusing as to
which projects will come out on top. As one of the premiere destinations on the
UNESCO World Heritage List, and complete with all of the necessary elements to be a
thriving success, Hotel Casco Antiguo will undoubtedly be topping the roster as the
area's most spectacular and flourishing project in the up and coming area.

Retaining the history and style of the historic Hotel Colon, Hotel Casco Antiguo
will offer modern accommodations resplendent with exquisite amenities and five-star
services. In addition, Casco Antiguo's Government has applauded the project for
their efforts to restore the historic building and maintaining its 17th century
architecture while offering guests the modern amenities that they crave.

Hotel Casco Antiguo is proud to announce Destiny Hotels International as the
official management group. Boasting more than 75 years of experience in the
hospitality industry with 4 and 5 star hotels, the Destiny Hotel brand is now
seeking to develop a network of boutique hotels offering the legendary efficiency
and amenities that their name is synonymous with.

Destiny will create these hotels throughout Latin America, with various projects
housing 40 to 100 guest rooms, and they have immediate plans for five properties in
Panama. Standing firmly on an experienced team, Hotel Casco Antiguo and Destiny
Hotels will guarantee a perfect inversion for those seeking the perfect getaway
vacation or their ideal second.

Hotel Casco Antiguo will be developed by leading industry professionals with over
100 years of combined experience. Principle Robert Gibbs, whose lengthy involvement
in the Latin American sector led him to consider Casco Viejo as a prime location for
such a development, has redeveloped several historic sites such as the Seagate Hotel
and Beach Club in Del Rey Beach, Florida and the architectural headquarters of
Addison Mizner, who designed the original Boca Raton Hotel, as other projects.

Lawrence B. Murphy comes to Hotel Casco Antiguo with over 30 years of experience in
the hospitality industry with an extremely diverse background and widespread
experience in hotel operations and management with such positions as Resident
Manager, General Manager, and Regional Vice President for the Northeastern
operations of Marriott International Hotels. Terence A. Steele, who began his career
with the Costain Group, one of the biggest international civil engineering
contractors, is a renowned leader within the airport industry and garnered his
acclaim as Director of Operations for airports and hotels worldwide.

The restoration of the Hotel is scheduled to be completed by 2009. Travelers seeking
adventure and exceptional service will find their perfect sanctuary in Hotel Casco
Antiguo
For more information contact +507 211 1930 or visit http://www.hotelcascoantiguo.com

press contact;

Victoria Castro
American Medias Group
Miami, FL
united states
305-856-1981 x 317
Victoria@americasmediagroup.com
http://www.Caprichoresidences.com

Web Site: http://www.Caprichoresidences.com

Contact Details: Victoria Castro
American Medias Group
Miami, FL
united states
305-856-1981 x 317
Victoria@americasmediagroup.com
http://www.Caprichoresidences.com