Panama: 2.27 million Tourists Spend $168 per day

The 2.270 million visitors who came to Panama in 2013 stayed on average 9.3 days and spent $168 a day.

Wednesday, January 22, 2014

The number of tourists who came to Panama last year exceeded the target of 2,250 million set by the Tourism Authority of Panama.

"The month with the highest tourism spending is not necessarily the one with the most tourist arrivals. In March $323.5 million came into the country by way of tourist spending.

Foreign exchange earnings recorded in the period from January to November 2013 was 3.0529 billion dollars, compared to the $2.8176 billion in 2012, which is $235.3 million more than the previous year, a percentage increase of 8.4%. "



More on this topic

Conventions Fuel Tourism in Panama

June 2013

On average, each person attending a convention injects $300 per day into the Panamanian economy, for accommodation, shopping, food and transport.

According to the Tourism Authority of Panama (ATP), since the beginning of last year up until now there have been approximately 200 conferences in the country. The conventions in 2012 alone generated for the country between $45 and $50 million in foreign exchange.

International Conventions Boost Hotel Business

May 2013

The act of holding conventions in Panama has intensified areas such as transportation, lodging and shopping, and its contribution to GDP is projected for this year at $32 million.

According to the Tourism Authority of Panama (ATP), the IX World Congress and celebration of 50th anniversary of the World Missionary Movement's work, held at the Figali Convention Center, generated 20,000 room nights and provided $5 million.

Panama: Record Tourist Numbers

August 2011

In the first half of the year tourists arrivals to the country nearly doubled compared to the same period in 2010.

Expenditure by the approximately 1.2 million visitors was $908.8 million, a 10.3% increase compared to last year.

An article on PAdigital.com.pa’s website reports, "Solomon Shamah, the Minister of Tourism Authority (PTA), said he was pleased with the figures and predicted that they could reach the sum of 2 million tourists by December.

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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