Lake Managua Lake Managua Lake Managua () (also known as Lake Xolotlán) (located at ) is a lake in Nicaragua. The Spanish name is Lago de Managua or Lago Xolotlán. At 1,042 km², it is approximately long and wide. Similarly to the name of Lake Nicaragua, its name was coined by the Spanish conquerors from "Mangue" (their name for the Mánkeme tribes) and "agua" ("water"). The city of Managua, the capital of Nicaragua, lies on its southwestern shore. The level of Lake Managua raises significantly during the periods of heavy rain. The highest water level was recorded during the flooding of 1933.
Managua the Augusto C. Sandino International Airport, the country's primary international gateway, and regional Los Brasiles airport and Punta Huete military air base, recently renewed. Managua is also home to all of the major banks of the nation, Banco de la Producción (BANPRO), Banco de América Central (BAC), Banco de Finanzas (BDF), Banco de Crédito Centroamericano (Bancentro) and its parent company the Lafise Group. Several new hotels including Crowne Plaza, Best Western, InterContinental, Holiday Inn, and Hilton currently have facilities in Managua. As well as many hotels, Managua has opened four western style shopping centers or malls, such as Plaza Inter,