The project will feature 180 hotel rooms alongside 126 executive suites, supported by a range of amenities including a rooftop swimming pool, coworking spaces, a spa, and specialized entertainment areas. Architectural firm Mallol Arquitectos will lead the design transformation, while the MERCAN Group oversees the rehabilitation of the structure. This development marks the group's first venture into the Panamanian market, leveraging the country's recent 17.3% surge in first-quarter tourism growth.

Jerry Morgan, CEO of MERCAN Group, identified Panama’s regional connectivity and investment stability as primary drivers for the expansion. Minister of Tourism Gloria De León noted that the project underscores growing confidence in the local tourism sector, which she expects will generate broader economic benefits for local producers and transportation providers. Abel Castro, Chief Development Officer for Accor Americas, added that the site’s strategic placement targets both business and leisure segments, aiming to capitalize on Panama City’s role as a key regional urban hub.