Dubai-based Jumeirah Group, part of Dubai Holding, has been appointed by Grupo Mall to manage a luxury hotel in Panama City, Panama.

Designed by architects Chapman Taylor and Humberto Echeverria and Associates, the Los Faros de Panama complex will ultimately consist of three towers. The central tower will be 361m (1,184ft) high and contain 85 floors (Phase 1), making it one of the tallest towers in Latin America. The two lateral towers (Phase 2) will reach 266m (872ft) in height and contain 75 floors.

In addition to luxury residences and Class A office space, the main tower will include Jumeirah Los Faros de Panama, comprising 400 luxury hotel rooms and suites, Jumeirah's signature Talise spa, fitness and leisure amenities, and 3,000sq m (32,291sq ft) of conference and meeting facilities. Hotel guests, residents and visitors to the tower will also have access to exclusive restaurants, lounges and retail outlets. Los Faros de Panama is located in the central district of San Francisco, adjacent to the emerging neighbourhoods of Punta Pacifica, Punta Paitilla, Marbella and Avenida Balboa.