Panama: Hotel Supply Growing in ChiriquiThe air link with the capital is one of the reasons behind the increase in the supply of rooms in the province, a number which is expected to rise to 3,000 by the end of the year.Monday, April 20, 2015
Currently the Tourism Authority of Chiriqui is running a pilot scheme to improve the quality of the hotels in the province, since most are rated at three stars. At the end of 2014 only 700 rooms offered 5-star amenities and average costs range between $80 and $300. Source: laestrella.com.pa ¿Busca soluciones de inteligencia comercial para su empresa?Tough Competition for Hotels in PanamaSeptember 2015 Lack of international promotion is the cause indicated by entrepreneurs of the fall in the average rate in the capital, which has dropped by 40% in the past five years. More Boutique Hotels in Costa RicaMarch 2015 Seven new establishments with high quality personalized service will add 291 rooms to the hotel inventory with its opening in tourist areas and in the capital. Hotel Price War Continues in PanamaMarch 2015 While occupancy rates and average prices continue to fall, the Panamanian hotel market is preparing to increase its supply by another 1,200 rooms at the end of the year. 7 Star Development in the Caribbean in PanamaJune 2013 With the brand name 'Six Senses' promoters from Costa Rica have announced an initial investment of $40 million in the Caribbean coast of Panama.
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