IHG Hotels & Resorts Recognizes Hotel Indigo Panama City Marina With Prestigious “IHG Newcomer of the Year” Award
The St. Joe Company (NYSE: JOE) announces that its Hotel Indigo Panama City Marina has received the prestigious 'IHG Newcomer of the Year' award from IHG Hotels & Resorts. The 124-room hotel, which opened in June 2023, achieved the highest occupancy percentage among all St. Joe hotels in 2024.
The five-story waterfront property features two restaurants: Tarpon's, offering Southern coastal cuisine, and Steam on 5, a rooftop venue with bay views. The hotel's success is attributed to its strategic location in downtown Panama City's year-round business district, contributing to consistent occupancy rates regardless of seasonal fluctuations.
The property is part of St. Joe's 12-hotel portfolio and is managed by Ethan Register, who also oversees the company's Harrison's Kitchen and Bar. The award recognizes excellence in guest experience and operational standards among IHG's network of over 6,000 hotels globally.
La St. Joe Company (NYSE: JOE) annuncia che il suo Hotel Indigo Panama City Marina ha ricevuto il prestigioso premio 'IHG Newcomer of the Year' da IHG Hotels & Resorts. L'hotel con 124 camere, aperto a giugno 2023, ha raggiunto la percentuale di occupazione più alta tra tutti gli hotel St. Joe nel 2024.
La struttura di cinque piani, situata sul lungomare, dispone di due ristoranti: Tarpon's, che offre cucina costiera del sud, e Steam on 5, un locale sul tetto con vista sulla baia. Il successo dell'hotel è attribuito alla sua posizione strategica nel centro del quartiere degli affari di Panama City, contribuendo a tassi di occupazione costanti indipendentemente dalle fluttuazioni stagionali.
La proprietà fa parte del portafoglio di 12 hotel di St. Joe ed è gestita da Ethan Register, che sovraintende anche il ristorante Harrison's Kitchen and Bar dell'azienda. Il premio riconosce l'eccellenza nell'esperienza degli ospiti e negli standard operativi all'interno della rete di oltre 6.000 hotel IHG a livello globale.
La St. Joe Company (NYSE: JOE) anuncia que su Hotel Indigo Panama City Marina ha recibido el prestigioso premio 'IHG Newcomer of the Year' de IHG Hotels & Resorts. El hotel de 124 habitaciones, que abrió en junio de 2023, alcanzó el porcentaje de ocupación más alto entre todos los hoteles de St. Joe en 2024.
La propiedad de cinco pisos frente al mar cuenta con dos restaurantes: Tarpon's, que ofrece cocina costera del sur, y Steam on 5, un lugar en la azotea con vistas a la bahía. El éxito del hotel se atribuye a su ubicación estratégica en el distrito de negocios del centro de la ciudad de Panamá, lo que contribuye a tasas de ocupación consistentes sin importar las fluctuaciones estacionales.
La propiedad forma parte del portafolio de 12 hoteles de St. Joe y está gestionada por Ethan Register, quien también supervisa el Harrison's Kitchen and Bar de la empresa. El premio reconoce la excelencia en la experiencia del huésped y los estándares operativos entre la red de más de 6,000 hoteles de IHG a nivel mundial.
세인트 조 회사 (NYSE: JOE)는 호텔 인디고 파나마 시티 마리나가 IHG 호텔 & 리조트로부터 'IHG 올해의 신인' 상을 수상했다고 발표했습니다. 124개의 객실을 갖춘 이 호텔은 2023년 6월에 개장했으며, 2024년에는 모든 세인트 조 호텔 중 가장 높은 점유율을 기록했습니다.
5층 규모의 해변가에 위치한 이 호텔은 두 개의 레스토랑을 갖추고 있습니다: 남부 해안 요리를 제공하는 Tarpon's와 만 전망을 가진 옥상 공간인 Steam on 5입니다. 호텔의 성공은 파나마 시티 중심부의 연중 비즈니스 지구에 전략적으로 위치해 있어 계절 변동에 관계없이 일관된 점유율을 유지하는 데 기인합니다.
이 호텔은 세인트 조의 12개 호텔 포트폴리오의 일부이며, 에단 레지스터가 관리하고 있습니다. 그는 회사의 해리슨스 키친과 바도 감독하고 있습니다. 이 상은 IHG의 6,000개 이상의 호텔 네트워크에서 고객 경험과 운영 기준의 우수성을 인정합니다.
La St. Joe Company (NYSE: JOE) annonce que son Hotel Indigo Panama City Marina a reçu le prestigieux prix 'IHG Newcomer of the Year' de la part d'IHG Hotels & Resorts. L'hôtel de 124 chambres, ouvert en juin 2023, a atteint le pourcentage d'occupation le plus élevé parmi tous les hôtels St. Joe en 2024.
Cette propriété de cinq étages en bord de mer dispose de deux restaurants : Tarpon's, qui propose une cuisine côtière du sud, et Steam on 5, un lieu sur le toit avec vue sur la baie. Le succès de l'hôtel est attribué à sa situation stratégique dans le quartier des affaires de Panama City, contribuant à des taux d'occupation constants indépendamment des fluctuations saisonnières.
La propriété fait partie du portefeuille de 12 hôtels de St. Joe et est gérée par Ethan Register, qui supervise également le Harrison's Kitchen and Bar de l'entreprise. Le prix reconnaît l'excellence de l'expérience client et des normes opérationnelles au sein du réseau de plus de 6 000 hôtels IHG dans le monde.
Die St. Joe Company (NYSE: JOE) gibt bekannt, dass ihr Hotel Indigo Panama City Marina den prestigeträchtigen Preis 'IHG Newcomer of the Year' von IHG Hotels & Resorts erhalten hat. Das 124-Zimmer-Hotel, das im Juni 2023 eröffnet wurde, erzielte 2024 die höchste Belegungsquote unter allen St. Joe Hotels.
Die fünfstöckige Waterfront-Immobilie verfügt über zwei Restaurants: Tarpon's, das südliche Küchenspezialitäten anbietet, und Steam on 5, eine Dachterrasse mit Blick auf die Bucht. Der Erfolg des Hotels wird seiner strategischen Lage im ganzjährigen Geschäftsviertel von Panama City zugeschrieben, die zu konstanten Belegungsraten unabhängig von saisonalen Schwankungen beiträgt.
Die Immobilie ist Teil des Portfolios von 12 Hotels von St. Joe und wird von Ethan Register geleitet, der auch das Harrison's Kitchen and Bar des Unternehmens überwacht. Der Preis erkennt die Exzellenz in der Gästeerfahrung und den Betriebsstandards innerhalb des Netzwerks von über 6.000 IHG Hotels weltweit an.
- Received prestigious 'IHG Newcomer of the Year' award among 6,000+ global hotels
- Achieved highest occupancy percentage among all St. Joe hotels in 2024
- Strategic location ensures year-round occupancy, reducing seasonal impact
- None.
Hotel Indigo Panama City Marina offers sweeping views of St. Andrew Bay and a rooftop dining experience at the open-air, fifth-floor restaurant, Steam on 5 (Photo: Business Wire)
“This achievement reflects the hard work and dedication of the local Hotel Indigo team and the surrounding businesses that are contributing to the vibrancy of downtown Panama City,” said Patrick Murphy, St. Joe Senior Vice President of Hospitality. “We anticipated this property would have solid year-round occupancy considering its location in a downtown waterfront district not typically impacted by seasonality. Because of the year-round location, in 2024, Hotel Indigo had the highest occupancy percentage among all St. Joe hotels, which speaks to the attractiveness of the brand and of downtown
Opened in June 2023, the 124-room Hotel Indigo is one of 12 hotels and resorts in St. Joe’s portfolio of assets. The five-story hotel offers sweeping views of St. Andrew Bay and a walkable location convenient to the many locally owned restaurants, bars and businesses—including Harrison’s Kitchen and Bar (“Harrison’s”), also owned and operated by St. Joe.
A local resident for more than a decade, Ethan Register serves as general manager for both Hotel Indigo and Harrison’s. “This recognition by IHG is not just a win for the hotel but a testament to the vision, investment and revitalization efforts that continue to shape downtown Panama City,” said Register. “I’m a big believer in the ‘rising tide lifts all boats’ metaphor, and we share this recognition with all the businesses in downtown
Hotel Indigo properties are designed to be as individual as their surroundings and reflect the local culture of their communities. At Hotel Indigo Panama City Marina guests enjoy two on-site restaurants: Tarpon’s, offering a delicious Southern twist on coastal fare for breakfast and dinner with indoor and outdoor seating providing water views, and Steam on 5, the open-air fifth-floor dining venue serving elevated small plates alongside thoughtfully curated craft cocktails with breathtaking sunset views of St. Andrew Bay. These restaurants are also open to the public, creating a sense of connection and access for local patrons.
Hotel Indigo Panama City Marina is located at 7 Harrison Ave.,
About The St. Joe Company
The St. Joe Company (“Company”) is a diversified real estate development, asset management and operating company with real estate assets and operations in
©2025 The St Joe Company. “St. Joe®”, “JOE®”, the “Taking Flight” Design®, “St. Joe (and Taking Flight Design,)®” are registered service marks of The St. Joe Company.
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St. Joe Investor Relations Contact:
Marek Bakun
Chief Financial Officer
1-866-417-7132
marek.bakun@joe.com
St. Joe Media Relations Contact:
Mary Beth Lovingood
Corporate Director of Marketing
850-231-6583
marybeth.lovingood@joe.com
Source: The St. Joe Company
FAQ
What recognition did Hotel Indigo Panama City Marina receive from IHG Hotels & Resorts?
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