The St. Joe Company and IHG Hotels and Resorts have announced the opening of their new Hotel Indigo Downtown Panama City Marina.

The 124-room, five-storey hotel is in the waterfront district of downtown Panama City, Florida.

Hotel Indigo Downtown Panama City Marina general manager Jean Capps said: “We are excited to be a part of the downtown Panama City community.

“We have an amazing venue to showcase to our guests and we can’t wait to welcome both visitors and locals to enjoy an experience with us that’s both upscale and authentic to the distinct fabric of downtown Panama City.”

The new hotel is conveniently located and its guests can have easy access to many locally owned restaurants, bars and businesses that make up the unique and historic downtown.

Hotel Indigo Downtown Panama City Marina features two restaurants, with both indoor and outdoor seating. These restaurants serve guests coastal fare for breakfast, lunch and dinner as well as curated craft cocktails.

The other amenities offered at the hotel include a private pool, an outdoor fire pit, a 24-hour fitness centre and an onsite retail shop.

The St. Joe Company noted that it is the fourth of five new hotel openings planned in the first half of this year.

With this opening, St. Joe’s hotel portfolio now consists of 1,102 operational hotel rooms.

It added that two additional hotels are currently under construction, with Camp Creek Inn planned to open in June of this year and Residence Inn by Marriott Panama City Beach scheduled to open in 2024.

Earlier this week, The St. Joe Company and hotel corporation Hilton opened Home2 Suites by Hilton Santa Rosa Beach in Florida.