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Union Hanover Securities launch second hotel in Panama's Bocas del Toro

The UK's Union Hanover Securities has launched the development of its second property in Panama's Bocas del Toro archipelago. The Mantra hotel, expected to be launched in 2017, now joins rank with its sister project the Sarani Resort. Both properties will be located on Isla Pastor and will be managed by Boutique Hospitality Management.

Union Hanover Securities launch second hotel in Panama's Bocas del Toro

UK based Union Hanover Securities recently launched the development of the Mantra Resort in Bocas del Toro off the coast of Panama.

The Mantra Resort is now the second Union Hanover Securities property to be constructed in the area with its sister project- the luxury eco friendly Sarani Resort, scheduled to be launched in the first quarter of 2016.

The Mantra Resort, due to officially open its doors in 2017, will reportedly be under the management of Miami based firm Boutique Hospitality Management as will the Sarani Resort. Both the Mantra and the Sarani resorts will be located on the Isla Pastor island.

Managing director at Union Hanover Securities, explained why his firm was so bullish about the prospects in Panama and more specifically Bocas del Toro, stating:

"We continue to invest in the Panamanian market because we truly believe Bocas del Toro will become the world's next leading destination for those seeking an exclusive island retreat that's filled with adventure and excitement."

The 48-suite Mantra Resort, surrounded by a rainforest, the Caribbean Ocean and endless walking paths, will be the ideal spot for any nature loving holidaymaker. Guests can also take advantage of the transportation services provided by the hotel for offshore excursions. Other facilities such as the oceanfront infinity pool, a fully equipped gym and a relaxing spa center will ensure that there is something for all guests.

Keith Space the President and CEO of Boutique Hospitality Management was keen to highlight he universal appeal of the resort, stating that:

"Mantra will be the destination in the Caribbean for those looking for amazing once-in-a-lifetime experiences in a paradisiac surrounding, all while enjoying the comforts of modern hospitality. Mantra will provide guests an exciting sanctuary with a wide range of activities available on both land and water."

Bocas del Toro is widely acknowledged as one of the most popular holiday destinations in Panama thanks to its perfect weather and virtually unsurpassed natural beauty. The archipelago has remained virtually untouched and boasts of being home to Central America's most biologically diverse coral reefs.

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