From January to April of this year, hotels in Panama City reported an average daily occupancy of 4,933 rooms, just 1% more than the same period in 2018.
The latest report of the General Comptroller of the Republic, details that only in April the daily average of occupied rooms registered a 2% increase over the same month last year, growing from 4,630 to 4,691.
From January to March of this year, hotels in Panama City reported a daily average occupancy of 5,014 rooms, 2% more than that recorded in the same period in 2018.
The latest report of the General Comptroller of the Republic, details that only in March the daily average of occupied rooms registered an 8% increase over the same month last year, growing from 4,644 to 5,017.
The Canyon Group plans to invest more than $200 million in the construction of its first resort in Central America, which will be on the Papagayo Peninsula in Guanacaste, Costa Rica.
Without specifying the start date of construction of the new resort, which will be part of the brand of hotels "Six Senses", the developers of the project reported that the hotel is expected to be ready in mid 2021.
A 16-story building is planned in Zone 10 of Guatemala City that will have commercial premises, offices, apartments and an area that will be conditioned for a hotel.
Mercantil de Proyectos, S.A. presented the Environmental Impact Study (EIA) to develop the project called "Edificio B, Centro Corporativo los Próceres 13.50", which will be developed on a plot of land on the corner of the tenth and ninth streets and the fourteenth avenue.
In the canton of Nicoya, Guanacaste province, it is planned to demolish the existing infrastructure and build the new facilities of the Harbor Reef hotel, a project that will require an investment of approximately $7.3 million.
The expansion of a road in Panama, the construction of a tourist center in Costa Rica and an office-warehouse complex in Guatemala are part of the projects planned for the coming months in the region.
The interactive system "Construction in Central America", compiled by the Trade Intelligence Unit at CentralAmericaData, includes an up to date list of public and private construction projects that are expected to be built in the coming months.
In the first quarter of 2019, hotel occupancy in Panama was 55%, 13% below the rate reported in March last year, and the decline is due to the lack of international promotion.
Statistics from the Panamanian Association of Hotels (Apatel) specify that in the country the hotel offer amounts to 32 thousand rooms, of which only 42% were occupied in the first quarter of 2019.
On a 21-hectare site in Sardinal, Guanacaste, a tourist complex consisting of a hotel and private residences is planned.
ML CR Continental LLC presented the Environmental Impact Study (EIA) to develop the project called "Hotel and Villas Cala del Sol", which will be made up of three hotel villas and seven private residence villas.
Now that the works that will allow the water supply to the main tourist centers of the Gulf of Papagayo, in Costa Rica, are finished, it is expected that they will restart the investments paralyzed years ago.
After the opening of Las Trancas-Papagayo Bahía Aqueduct on March 1st, which was achieved after an agreement between the Costa Rican Institute of Aqueducts and Sewers, the Costa Rican Institute of Tourism and the private sector, there is optimism that investments can be reactivated in at least 11 projects.
Given the growing use of its vacation rental platform in Panama, Airbnb plans to offer other services such as ticket purchase, tours and paperwork management for tourists.
Airbnb executives reported that between 2017 and 2018, the number of visitors who demanded their services increased by 65%. This situation contrasts with the decrease in hotel occupancy registered in recent years in Panama.
A 3% additional to the 13% VAT that was expected to be charged in Costa Rica as a tax on accommodation services provided through the Airbnb platform and other similar platforms was finally removed from the bill being discussed in the Legislative Assembly.
Bill 20.865 for the regulation of non-traditional hosting and its intermediation through digital platforms, which is discussed in the Legislative Assembly and determines the taxes to be charged for the activity, will be modified by the Economic Affairs Commission.
From 11 to 13 June, more than 150 companies will be exhibiting their products and services at the Expo Hotels and Restaurants, which will be held at the Pedregal Events Centre.
Businessmen, chefs and collaborators from hotels, bars, restaurants, butchers, cafes, bakeries, supermarkets, catering service, spa, canteens and other businesses in the sector will come together to address issues related to market trends and new products.
In the coming months, it is planned to build in Alajuela, Costa Rica, a real estate complex consisting of a hotel, an office building and a commercial area.
Inversiones Andino S.A. presented the Environmental Impact Study (EIA) to develop the project called "City Towers Alajuela", which will have a construction area of 26 thousand square meters.
During 2018, hotels in Panama City reported an average daily occupancy of 4,602 rooms, 7% less than in 2017.
The latest data from the General Comptroller of the Republic detail that only in December the daily average of occupied rooms registered a 5% drop compared to the same month last year, falling from 4,544 to 4,307.
The construction of two hotels in Costa Rica, two apartment towers in Guatemala and the expansion of an educational center in Panama are part of the projects planned for the coming months in the region.
The interactive platform "Construction in Central America", compiled by the Trade Intelligence Unit at CentralAmericaData, includes an up to date list of public and private construction projects to be built in the coming months.
Atenas - Investment - Best Climate in the world! This beautiful farm is currently sub-divided in 6 farm size-properties.
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O4Bi is a system that allows to control and manage what a company needs: the complete process of development of works, accounts receivable, treasury, banks, sales and accounting.
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O4Bi is a system that allows to control and manage what a company needs: the complete process of development of works, accounts receivable, treasury, banks, sales and accounting.
O4Bi is a very robust system that allows to control and...
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