Cartagena—a coastal destination on the northwestern-most tip of South America—is Colombia’s fifth largest city but its fastest growing. The “walled city”—the inner-most part of downtown that is surrounded by a stone wall—has become a popular destination for both business and leisure travel.

Like any city around the world, a growing economy and an influx of international travelers—both leisure and business—will pique the interest of hotel developers. Cartagena is no exception.

InterContinental Hotels & Resorts, Sheraton Hotels & Resorts, Radisson Hotels, Iberostar Hotels & Resorts, Marriott Hotels & Resorts, Hyatt Hotels & Resorts and Melia Hotels all have properties either in final planning stages or under construction in Cartagena, according to Proexport.

Photo Credit: An outdoor scene in historic Cartagena, Colombia. Pratiproy / Flickr.com