El Salvador: Domestic Tourism drops 25%

According to data from the Salvadoran Association of Hotels, domestic hotel occupancy has dropped 25% in the last few months of 2008.

Thursday, January 22, 2009

Elmundo.com.sv reports: "The president of the Salvadoran Association of Hotels, Alberto Ascencio, said that since August the sector began to be affected by the financial crisis which caused hotel visits in the interior to decrease considerably. However, he said that San Salvador ended the year with figures that did not increase or decrease. "They remained the same"."

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Insecurity Affects Hotel Industry

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Still Not Enough Tourists For So Many Hotels

August 2011

Hotel occupancy in Panama has dropped by two percentage points in the first months of the year, and it is estimated that by 2012 the occupancy rate will fall to 38%.

In the race for growth between the number of tourists arriving in Panama, and the supply of available beds, the latter is winning, and it is estimated that it wont be until 2016 that the current occupancy rates are achieved again.

Too Many Hotels in Panama?

April 2011

If growth in the number of tourists doesn’t reach 25% per year, hotel occupancy will fall from the 74% seen in the first quarter of 2001, to just 50% over the coming years.

Panama is growing and so are the number of hotels, which in 2012 will be offering over 27 thousand rooms.

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