The Hotel Investment OutlookMonday, August 17, 2009 The latest comments about the world outlook for the Hospitality Industry as presented by ALIS Summer Update As Jeff Higley (Editor-in Chief of Hotel and Motel Management Magazine) said in his “Twitter” page on June 2, the IREFAC (Industry Real Estate Financing Advisory Council) guys are the pulse of the industry. But, as he also noted, “…the IREFAC panel says the only way to get a phone call from your lender these days is to not make a payment. Nicaragua Selected to Host CATHIE in 2009Tuesday, August 26, 2008 It was announced that the Central America Tourism & Hotel Investment Exchange will be held March 24-26, 2009, in Managua, Nicaragua. Hosted by BHN, CATHIE focuses on the hotel and tourism investment opportunities in the rapidly growing Central America region. The Foreign Investment Advisory Service (FIAS) of The World Bank Group is supporting the event, and all seven Central American countries (Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama) have been invited to become patrons of CATHIE. Last year’s inaugural event in Guatemala City, Guatemala, welcomed nearly 250 hotel and tourism industry leaders eager to network and learn about hotel investment opportunities in Central America. Panama: Last phase of Tourism Master PlanThursday, August 14, 2008 The document prepared by the Spanish consulting firm which won the contract, Tourism and Leisure, will arrive in Panama one month earlier than expected The document will be analyzed by the Master Plan Follow-up Committee and presented to the World Tourism Organization, which collaborated in the design of the program. $400 million Investment in Port Rodman AnnouncedTuesday, April 21, 2015 Port of Singapore Authority plans to invest $400 million in its container terminal in Rodman, to increase capacity by two million TEU's and accommodate vessels carrying up to 24 rows of containers. The construction of two additional docks and installation of eight gantry cranes is expected to allow for "... accommodating vessels with up to 24 rows of containers." With this project the aim is to expand port capacity at the Pacific entrance to the Canal. Upcoming Tourism Center in Sherman, PanamaFriday, February 26, 2010 Consulting company C4T Tourism Business & Planning will develop a master plan for touristic development in the former Sherman military base. Liriola Pittí, from the Economy Ministry, informed that once the study is ready they will proceed to market and promote it. Air Panama interested in flights to Cayman IslandsMonday, January 30, 2012 Airline still to apply to aviation authorities of Cayman Islands. If approved, flights would start in February Air Panama intends to open a new route, flying from Panama to Cayman Islands. If approved, the airline may start with a twice-weekly service since February, the CayCompass.com website reported. Port Expansion Approved in PanamaMonday, August 19, 2013 The Panama Canal Authority has authorized the expansion of the Rodman Container Terminal, owned by PSA International. According to Jorge Quijano, administrator of the Panama Canal, it is now up to the Panama Maritime Authority (AMP) to give final approval to the extension. Millionaire Tourism Project Unveiled in PanamaWednesday, September 22, 2010 Consulting company C4T presented the government a project to develop a touristic complex at the former Sherman air base. Company spokesperson Jordi Marcé noted that the project requires an investment of $180 million, and would generate over 1.000 new jobs. Panama: Ambitious Plan for AmadorMonday, May 14, 2018 The updated plan to develop the Amador Causeway proposes taking advantage of the stretch between the Biomuseo and Naos Island, and building recreational areas on platforms on piles there. The Administrative Unit of Reverted Property (Uabr) reported that the study of the master plan updated by the firm Tourism, Business & Planning (C4T), recommends the installation of six platforms that will house recreational areas, which would be built on piles overlooking the entrance to the Panama Canal. "... They would be a kind of piers or platforms on piles, where various businesses would be operating. " Panama Contracts Conventions MarketingThursday, September 13, 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. India: More Controls on Animals and PlantsWednesday, May 22, 2013 A proposal has been made in to parliament for a new law creating a central body to control, eradicate and manage pests and diseases in plants and animals in the country. From an article by the Costa Rican Trade Promotion Office (PROCOMER): FAA Opens Regional HQ in PanamaThursday, February 25, 2010 The U.S. Federal Aviation Administration (FAA) has inaugurated its regional office for Central America and the Caribbean in Panama. It will operate from the U.S. Embassy in the country, and will be headed by Daniel Castro. Construction of Panamanian Pacific Port AdvancesTuesday, March 22, 2011 With a $100 million investment, the port terminal being developed by Singapore Ports Authority (PSA) is progressing according to schedule. The terminal will be the second largest port in the Pacific and will have a capacity to move 450 thousand containers per year. $ 42 Million for Construction of “Green” Hotels in CAWednesday, December 15, 2010 The IDB approved the funding mechanism to develop at the most eight Marriott hotels. The Inter-American Development Bank (IDB) approved U.S. $ 42 million in long-term loans to finance a maximum of eight Marriott hotels, to be developed by Caribe Hospitality SA in Costa Rica, Nicaragua, Guatemala, Panama, Jamaica, Trinidad and Tobago, and Mexico as long as they comply with environmental standards and sustainability requirements. Guatemala Commits to U.S. Medical TourismWednesday, October 6, 2010 Out of Americans who seek medical care and welfare in 2012, the country expects to attract about 5,000 patients. According to a study made by Deloitte Report, supported by the Medical Tourism Association, it is expected for 9 million Americans to seek medical care in Latin America in 2007. |
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