16 December 2020 Marriott has signed an agreement with Grupo Hoteles Panamericano to bring the Sheraton Hotels brand to Bariloche, a major tourism centre located in the foothills of the Argentinean Andes. Slated to debut in early 2022, the property is expected to feature 161 rooms after undergoing an extensive conversion. Located in city centre atop an elevation with outstanding views to the Nahuel Huapi Lake, Sheraton Bariloche, currently branded as Hotel Panamericano Bariloche, is situated just steps from San Martín street. Bariloche is renowned for skiing, trekking and mountaineering and is the most visited resort town in Argentinean Patagonia attracting two million visitors annually.