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. Investments in Central AmericaMonday, August 17, 2009 The crisis in the US has brought new competition challenges to the Real Estate business in our region. Projects in Central America and in Nicaragua will need to present returns above 25% to compete with less risk and equal or better yield opportunities in the U.S. market due to all the distress sales available, foreclosures and REOs (repossessed bank properties) offering ROI’s (return on investment) above 63% annualized returns. 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. 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. 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. 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. Costa Rica Wants "High Level" Chinese TourismThursday, January 8, 2015 The government has announced the opening of a consulate in Shanghai and other efforts to open others in cities where there is high purchasing power in an effort to attract people to the Costa Rican tourism sector. From a statement issued by the Government of Costa Rica: Congress on Sustainable Tourism InvestmentsFriday, September 29, 2017 On November 13th and 14th Costa Rican entrepreneurs of hotel brands, investment funds and real estate developers will be meeting in Costa Rica to discuss sustainable investments in the industry. The event is being organized by the Costa Rican Tourism Institute (ICT) and will take place at the Hotel Real Intercontinental. The Wellness Tourism BusinessFriday, June 9, 2017 Using the Pura Vida Wellness concept, Costa Rica intends to take advantage of a global market valued at $563 billion, with tourists whose average spending exceeds 130% of global average tourist spending. The aim of the Costa Rican Institute is to develop this segment, which has great market potential, in order to diversify and consolidate the country's tourism supply. Global wellness tourism grew by 11% between 2013 and 2015, according to data from Global Wellness Tourism Economy. Panama-Montreal Nonstop FlightsWednesday, June 4, 2014 With a frequency of four times per week Copa Airlines has began operating a direct flight from Tocumen to the Canadian city of Montreal. From a press release issued by Copa Airlines: Deals in The Vicinity of the CanalTuesday, March 9, 2010 There are 5.000 hectares of undeveloped land surrounding the Panama Canal. The project to expand the Canal has increased the value of these lots, which used to be managed by the United States before the signing of the Torrijos-Carter treaty, which recognized Panamanian sovereignty over the Canal. Canada - El Salvador Charter FlightsTuesday, October 25, 2016 From December 22 the airline AirTransat will fly once a week between the Canadian city of Montreal and San Salvador. From a statement issued by the Ministry of Economy of El Salvador: |
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