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DineEquity Inc. Opens First Applebee's® Restaurant in Panama

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DineEquity Inc. Opens First Applebee's® Restaurant in Panama 
Applebee's Grill + Bar® Restaurant Brand Now in 15 Countries and Territories World Wide
(Panama Business News). DineEquity, Inc.® ("DineEquity"; NYSE: DIN), one of the world's largest full service restaurant companies and the parent company of Applebee's and IHOP® restaurants, has opened the first  Applebee's® Grill + Bar on December 8 in Panama City, Panama it was announced today by Stephen Joyce, CEO and President, International, DineEquity Inc. The restaurant is the first of five locations planned for Panama within the next five years under an agreement with franchisee Collins Restaurant Group, Inc.
Located in Via Centenario, Altaplaza Mall, Local 2-417, Ciudad de Panamá, the restaurant is expected to bring 70 new jobs to the economy as well as additional tax revenue and ongoing local spending on supplies, ingredients and marketing and other services.
"We are delighted that we will now hav…

Trump name to be changed by management in luxury Panama hotel

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Trump name to be changed by management in luxury Panama hotel
(Panama Business News). Owners of the Trump International Hotel in Panama are working to strip President Donald Trump's name from the 70-story building and fire the hotel management company run by Trump's family. The property once paid at least $32 million to associate with Trump.
The uprising by Panama hotel owners - following news that Trump was effectively being paid to end a similar management contract for the Trump Soho hotel in New York - points to continued struggles for the Trump brand outside strongholds like Mar-a-Lago in Florida and the Trump Hotel in Washington.
The Trump Organization acknowledged the effort to strip away the Panama property's management and brand. It said it believed the move was a contract violation.
"Not only do we have a valid, binding and enforceable long-term management agreement, but any suggestion that the hotel is not performing up to expectations is belied by the actual …

Panama´s Retailer Tova S.A. Selects APTOS to Support Inventory Management

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Panama´s  Retailer Tova S.A. Selects APTOS to Support Inventory Management
The Largest Department Store Chain in Panama will deploy APTOS Merchandising to Optimize Inventory Decisions and Delight Customers. With over 125,000 stores live on its Singular Commerce platform available in the cloud, more than 500 retail brands across the globe rely on cloud-ready Aptos solutions.
Aptos, Inc., a recognized market leader in retail technology solutions, today announced Tova S.A. has selected the Aptos Merchandising solution to modernize its retail operations and optimize inventory aligned with customer expectations.
In business for more than 40 years, Tova S.A. is the largest department store chain in Panama and the country’s second largest employer. The retailer has 19 stores across its three flagship brands — El Campeon, Madison and Steven’s.
With Aptos Merchandising, Tova S.A. will benefit from a suite of applications designed to analyze, order, price and distribute merchandise accurately and e…

Panama’s Cable Onda Boosts Performance of Backbone Network with Coriant Solution

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Panama’s Cable Onda Boosts Performance of Backbone Network with Coriant Solution
(Panama Business News). Coriant, a leading supplier of packet optical, IP, and SDN solutions to Tier 1 global service providers and web-scale Internet operators, today announced that Cable Onda, a leading television service provider in Panama, is enhancing the flexibility, scalability, and efficiency of its DWDM backbone infrastructure with the latest packet optical transport technology from Coriant. The high-performance Coriant solution, delivered in collaboration with local partner Grupo Comtel (“Comtel”), will enable Cable Onda to cost-efficiently meet growing demand for service capacity while ensuring a superior broadband experience for its residential and business customers.
Built upon the Coriant® 7100 Nano Packet Optical Transport Platform, Cable Onda is expanding the capabilities of its optical transport infrastructure with deployment of advanced networking features, including Reconfigurable Optical…