español$115 million invested in Panama hotel sectorTuesday, December 23, 2008 The high demand by visitors to the capital city has caused more and new hotels to be built and for the number of rooms available to be expanded. Hotels under construction include the Riu, the Megapolys, the Los Faros and the Le Méridien, which should start to function between 2009 and 2011. Panama: $569 Million Investment in HotelsTuesday, May 12, 2009 With an investment of $569 million, several hotel projects are expected to be ready, 65% of them in the capital, by the end of 2009. It is estimated that a total of 15 new hotels, which will provide 9 thousand rooms and create 47,500 direct and 130 thousand indirect jobs will be built over the next three years. Beach Tourism in PanamaWednesday, February 29, 2012 According to industry insiders, of all the segments in the tourism sector, beaches offer the best growth prospects for 2012. Companies engaged in the hotel business have revealed that this season beach hotels, especially in the Pacific, have filled almost all of their rooms, reports Panamaamerica.com.pa. Panama: Hotel Supply Exceeds DemandTuesday, December 20, 2011 More rooms on offer will mean a 50% occupancy rate for hotels in the coming year. Just this year over 600 rooms have joined the market with the openings of various hotels like the Trump, Victoria and Hilton Doubletree. Regional Hotel Conference in PanamaThursday, August 11, 2016 On September 27 and 28 representatives from hotel companies operating in Central America will be meeting in Panama City. Roberto Diaz, president of the organizing committee, told Panamaamerica.com.pa that "... during the event they expect the participation of 300 people, including representatives from El Salvador, Guatemala, Colombia, Mexico and Costa Rica." Panama: Tourists spent $677.2 million during the first semesterThursday, August 21, 2008 During the first half of the year, tourists spent a combined total of $677,289,000 for an increase of 19.7% compared to the same period last year. There was a two digit increase every month. The most significant was in the month of May when tourist spending was $104,516,000 or 27.3% more than same month last year. Panamanian Hotel Sector Needs 12k EmployeesMonday, August 9, 2010 In the next three years, 12,000 qualified workers will be needed to cover demand created by new hotels. There are currently 10 hotel construction projects underway and in the next 12 months another six are expected to begin. Hotel Occupation Increases due to ConferencesTuesday, July 20, 2010 Hotel occupation up by 8% in the first five months of the year relative to the same period in 2009. Sara Pardo, president of the Panamanian hotel association (Apatel), commented that the rise in the number of conferences held in Panama was a crucial contributing factor. Panama Plans Tourism CertificationThursday, June 17, 2010 The Panamanian Hotel Association and the Tourism Authority will hire international advisors to install a tourism services certification system. Panama has deficiencies both in tourism infrastructure and service in some areas, something that the certification system will attempt to solve. Panamanian Hotels Push for Safety ProgramTuesday, August 9, 2011 The Panamanian Association of Hotels is promoting a "Vigilant Hotels" program The progam aims to collaborate with the National Police in order to integrate hotel’s internal security systems with those of the police. Hotels: Innovate to Attract More CustomersFriday, November 10, 2017 In Panama 30 hotels are now working with an application that allows travelers to book and rent rooms for a number of hours and not for a full day. In an attempt to raise their occupancy rate, which at the national level has not managed to exceed 45% in recent years, some hotels in Panama have started trying out alternatives. For example, an application made by the Spanish company ByHours, allows travelers to rent a room for 3, 6 or 12 hours, during any period of the day. No More Hostels in PanamaMonday, February 27, 2012 Incentives will be discontinued for the installation of hostels in the city of Panama, which have proliferated in areas classified as residential. In Panama there are now 180 hostels, 61 of them in Panama City. While luxury hotels do not consider them competition, tourism officials want to discourage the creation of this type of small scale accommodation, which has emerged even in areas considered ‘exclusive’. Panama: More than 20 New Hotels in 2012Monday, January 9, 2012 With an investment of $1,500 million more than twenty hotels will open their doors this year in Panama. This will mean the incorporation of six thousand new rooms to the hotel industry market, said Sarah Brown, president of the Panamanian Association of Hotels (APATEL). Hotels are Looking to Improve their financesThursday, March 11, 2021 As a result of the sanitary crisis caused by the covid-19 outbreak, hotel occupancy in Panama has fallen to historic levels and business income has gone up in smoke, a situation that is forcing hotels to look for options to renegotiate their debts. It is estimated that in this context of economic crisis, Panamanian hotels owe $630 million to financial institutions. Given the unpromising outlook, businessmen of the sector have suggested to the government to support the reactivation of the tourist activity. Convention Tourism in PanamaThursday, January 28, 2010 To become a global destination for the convention industry, Panama must increase the number of available hotel rooms and air plane seats. Martinelli’s government produced a strategic five-year plan which includes a Tourism Development Master Plan by the Panamanian Tourism Authority. |
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