Tourism tourism Panamanian Tourism Authority Panamanian Association of Hotels hotel sector Hotels, Transportation and Travel hotels convention Tourism Hotels Jesús Sierra V Salomón Shamah Tourism promotion hotel occupancy tourist Bureau de Convenciones (Panamá)

Panama: Lodging Tax Could Increases to 11%

The proceeds will pay for the costs of the Convention and Visitors Bureau of Panama, an office dedicated to promoting the country as a venue for conferences and conventions.

Thursday, June 13, 2013

The Tourism Authority of Panama could increase between 0.5% and 1% the lodging tax which is currently 10%.

Prensa.com reports that "the measure will be implemented in the next few months and comes from a consultation hired by the Tourism Authority of Panama (ATP) to transform into a public-private entity the Convention and Visitors Bureau of Panama, which will be funded with the new charge to be paid by tourists. "

According to the administrator of the ATP, Solomon Shamah, they are analyzing the impact this increase on the sector, while acknowledging that the implementation of the office looks like becoming a reality.

Source: Prensa.com

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Goods

hospitality services

Key entities

Panamanian Tourism Authority Salomón Shamah Bureau de Convenciones (Panamá) Panamanian Association of Hotels Jesús Sierra V

Countries

Panama

Insight

taxes Increased taxes hotels hotel sector tourism tourist convention Tourism Taxes Hotels, Transportation and Travel Tourism

Improvement in Hotel Occupancy in Panama

November 2013

It is estimated that this year hotel occupancy in Panama will close the year above 60%, which is an improvement compared to 2012 when it stood at 58.8%.

According to the president of the Panamanian Association of Hotels (APATEL), Jesus Sierra, "the positive impact it will have on the sector is due to the fact that this year we carried out various events of international significance such as the Ibero-American Summit of Heads of State and Government, the Latin American Business Conference and Plenary Assembly of the Latin American Business Council and the International Congress of the Spanish Language ... ", reported Laestrella.com.pa.

Public-Private Partnership to Promote Tourism

August 2013

The Conventions Bureau will be dedicated to the promotion and sale of conferences and conventions in Panama.

The initiative was announced during the Executive Meeting -New Opportunities for the Tourism Sector, attended by members of the Chamber of Commerce, Industries and Agriculture of Panama (CCIAP) and the Tourism Authority of Panama (ATP).

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 Contracts Conventions Marketing

September 2012

The Tourism Authority (ATP) has awarded a contract to the consultation company Consulting Inc. and Business Tourism Services (BTS), with the aim of reforming the present Bureau of Conventions.

With the reform of the current Bureau authorities are counting on an increase in the arrival of conventions in the country and in this way increase the number of tourists.