Panama: Hotel Occupancy Does Not Improve

Although in the first semester the average number of occupied rooms in Panama City remained unchanged with respect to the same period in 2018, the figures are still far from what was recorded in the first six months of 2017.

Friday, September 6, 2019

According to the reports of the General Comptroller of the Republic in June the daily average of occupied rooms did not register significant changes with respect to the same month of the last year, product of growing from 4.488 to 4.490.

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During the first six months of 2016, 2017 and 2018, the level of hotel occupancy has fallen compared to the same period in each of the previous years. This trend could not be completely reversed, since in 2019 a slight variation of 0.1% is reported.

For its part, between June 2018 and the same month of 2019 the number of rooms available did not grow as it remained at 10,205.

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