Panama's hotel occupation averages 66.5%Tuesday, July 15, 2008 Hotels in Panama City continue to show a high occupation rate. During the first four months of the year the hotel occupation rate was 66.5 percent, and rises to 78.7 percent for hotels with more than 100 room or special services, according to the statistics department of the Panamanian Tourist Institute. Scarce Hotel Supply in RoatánMonday, March 8, 2010 Tourism businessmen expect demand to surpass their 2.500 room supply for the upcoming holiday season. The island of Roatán currently has 2.500 available rooms, and local businessmen expect 20.000 visitors for these Eastern Holidays. Hotel Occupation Declines in El SalvadorMonday, February 23, 2009 The hotel sector has begun 2009 with a fall from between 5 to 7%. In its website, Elsalvador publishes: "Furthermore, at the juncture of economic deceleration, have been burdened with the focalization effect of the energy subsidy, which will have a strong impact in the costs of hotel operation,´ indicated Quiñónez. Drop in Domestic Tourism in Costa RicaThursday, July 18, 2013 During the mid-year holiday demand for accommodation decreased by 12% compared to the holidays in 2012, recording only 45.52% in occupancy by Costa Ricans. From a statement issued by the National Chamber of Tourism (CANATUR): Costa Rica: Less Hotel Occupancy in DecemberFriday, February 15, 2013 Just two hotel groups showed an increase in December, with a variation of 0.8% in hotels with 51-100 rooms and 6.6% in those with more than 100 rooms. From the Hotel Occupancy Survey by the Costa Rican Chamber of Hotels: Hotel Occupancy in Panama Falls by14%Thursday, August 23, 2012 During the first seven months of 2012, occupancy was down 7% compared to the same period in 2011, while the figure for July 2012 was 14% lower than in July last year. The number of visitors to Panama has not decreased, so the decline in the number of occupied hotel rooms is explained by the continuous addition of new hotels, with beds being added that end up unoccupied, especially in the Panamanian capital. 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. Hotels: New Competitor in El SalvadorWednesday, March 11, 2020 Hilton Hotels & Resorts signed an agreement to open a new facility at the Captalino World Trade Center complex by mid-2020. Hilton San Salvador will have 198 rooms, 27 meeting rooms, two ballrooms, two boardrooms and 16 meeting units. The building is located in Colonia Escalon. New Luxury Hotel in PanamaMonday, September 3, 2018 It has been announced that the Sofitel chain is preparing the opening of a 159-room hotel in the old town of the capital. Laestrella.com.pa review that "... The project, which was built with an investment of $ 100 million, will begin to operate despite the hotel oversupply that hits the sector, with 159 rooms, each with a butler, plaza Open, rooftop bar, Spa service, pool, gym, conference rooms and a ballroom." El Salvador: Plans to Increase Hotel SupplyWednesday, April 19, 2017 The union of hotel projects has increased the number of rooms available this year by 300 and in 2018 it is estimated there will be a further 100. The expansion plans of existing hotels and construction of new ones were announced by officials at the Salvadoran Association of Hotels (ASH), which stated that the new rooms will be located "... in three hotels, two new ones and one that will be expanding its capacity". Hotel Occupancy Remains at 70% in NicaraguaTuesday, December 6, 2011 Although the figure stood at 45% during the time of the crisis, it shows no variation when compared to in 2010. The opening of two new hotels is, in the opinion of experts, one of the factors that has influenced the current occupancy rate in the country’s hotel industry. 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. Better Outlook for Hotel Industry in HondurasMonday, May 14, 2012 Seven big events will be held in San Pedro Sula between May and July, encouraging tourism and the hospitality sectors. With these seven events it is expected that more than two thousand visitors will come to the industrial city of Honduras, said Guillermo Orellana, director of the Convention Bureau in San Pedro Sula. Panama: Hotel Occupancy Does Not ImproveFriday, September 6, 2019 Although in the first semester the average number of occupied rooms in Panama City remained unchanged with respect to the same period in 2018, the figures are still far from what was recorded in the first six months of 2017. According to the reports of the General Comptroller of the Republic in June the daily average of occupied rooms did not register significant changes with respect to the same month of the last year, product of growing from 4.488 to 4.490. Panama: Hotel Occupancy Falls 4%Wednesday, August 7, 2019 During May of this year, hotels in Panama City reported an average daily occupancy of 4,293 rooms, 4% less than the same month in 2018. The figures of the General Comptroller of the Republic detail that in May the daily average of occupied rooms registered a decrease with respect to the same month last year, product of decreasing from 4,479 to 4,293. |
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