Starwood Hotels & Resorts Worldwide Inc.(HOT) recently announced that it is on track to introduce a W brand hotel in Panama City. This will mark the entry of W, one of the high-end brands of Starwood in Central America. It is slated for inauguration in early 2016. The company has struck a deal with Evolution Tower Corp., a joint venture between F & F Properties and EFC Group Inc., to develop the new hotel. W Panama will feature 203 stylish guest rooms including 24 suites, three Wow suites and one Extreme Wow suite. The hotel also possesses two signature restaurants, a spa, a nightclub, a WET pool deck, 8,400 square-feet fitness facility and a meeting space of more than 21,000 square feet. This new hotel marks Starwood’s ninth hotel in
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