The Ritz-Carlton Hotel Company, L.L.C. will further enhance its global presence with plans to open The Ritz-Carlton, Panama, an exclusive 220-key hotel and residential retreat situated in the heart of Panama City’s vibrant skyline. The luxury hotel is currently scheduled to open mid 2016.

Nestled within a unique 29-story mixed-use development paired with high-end luxury retail, the Panama City hotel will feature an array of exclusive amenities, including spacious accommodations overlooking the city’s scenic downtown landscape, a luxury spa and fitness center, four restaurants and lounges, two swimming pools and state-of-the-art meeting space.

Next year, Ritz-Carlton also is scheduled to open the Reserve on Pearl Island, which will be located on a private island 45 miles south of Panama City. That property will have 80 rooms as well as three restaurants, thee pools and its own marina.