Franchises Booming in Panama

Monday, September 30, 2013

Not only fast food franchises are growing, but also hospitality ones.

For example, during the first six months of 2013, seven Friday's restaurants, established in the country and run by the local group UNESA, recorded revenues of $9 million. Although some of these facilities reported low sales, the company says it is due to the stabilization of consumers, the time of year and other factors.