Thunderbird entered Peru in July 2007, when we acquired the Hoteles Las Americas properties located in Lima for $43.5 million. The six hotels have since been renamed as follows:
The hotels offer a combined 660 rooms and 14 restaurants, bars and entertainment venues and include a resort/convention center. Based on the number of rooms, this is the largest hotel chain in Lima, as well as the second largest in Peru. Four of the hotels are located in the Miraflores commercial and financial area of Lima and cater to business and foreign leisure/tourist travelers. In 2008, the hotels were substantially renovated with an investment of $10 million.
Key properties include:
Thunderbird Hotel Principal. This property is a landmark in Miraflores, a suburb of Lima that is the main tourist destination for this thriving metropolis. This 5 star property offers 151 luxurious rooms, a gourmet restaurant on its top floor with an incredible view of the nearby ocean. The property’s numerous meeting rooms have held some of the most important meetings in the recent history of Peru. A renovation was completed in December 2009 which saw the opening of the new T Bar in the hotel lobby and improvements to the entire property.
Thunderbird Suites & Casino. This property is located at the Plaza Benavides commercial center in the Miraflores district. All of its rooms are duplexes and include a kitchenette, sitting and dining room, office and terrace. The hotel has historically catered to high- and medium-budget business travelers. The property also has 3,750 square meters of fully-leased office space and 308 parking spaces. In the third quarter of 2008, we completed our construction of the flagship Fiesta Casino in the hotel with approximately 414 slot machines and 188 table positions.
Sun Nippon Acquisition. In July 2008, we purchased 100% of the equity interest in each of Sun Nippon Company, S.A.C. and Interstate Gaming Del Peru S.A. The five properties owned by these two companies have approximately 537 slot positions and we intend to upgrade current slots and add slot positions based on demand and performance of the existing slot positions. Based on a plan in place prior to the purchase, one of the underperforming locations was closed and is being used as an administrative office for the operation.
For more precise property statistics please see the property stat page.
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