Managua, Nicaragua 2004 TorchBearer Award Hotel totally refurbished- just reopened on December 17 2005. Enjoying a central location next to the Interplaza Center- this hotel has the added attraction of splendid- far-reaching views over the lakes and volcanoes in and around Managua. The artistically conceived exterior encourages visitors who are further charmed by a stunning cream and black lobby adorned with flowers. Elegance prevails in the fine reproduction furniture chosen for each luxuriously appointed guest room.