Covid Passport: Essential for Economic RecoveryTuesday, March 16, 2021 Central America must be the driving force behind a globally accepted document that will be vital for the recovery of the global economy and tourism in particular. The generation of a physical or digital document of global acceptance (like national passports) that certifies that the bearer has been vaccinated against Covid-19 will facilitate the movement of people that has been severely restricted as part of the measures adopted by governments, both locally and internationally, to contain the pandemic. Tourism in Panama: Revenues Up 3% in 2018Monday, March 11, 2019 Last year, 2,48 million tourists arrived in the country, spending $4.605 million, 3.3% more than in 2017. Figures from the Statistics Department of the Panama Tourism Authority (ATP), specify that the average time a tourist stays in the country is approximately 8 days and spends on average a total of $1,856, which is equivalent to $232 per day, expenses include accommodation, shopping, food, internal transportation, entertainment, visits to historic tourist sites within and outside the capital city. Tourism: Crisis Worsened in 2020Wednesday, February 3, 2021 The amount of visitors arrivals to Central America and the Dominican Republic shows a downward trend since 2016, which was consolidated in 2019 and worsened in 2020, a phenomenon that is explained by the events recorded in the extra-regional market. Between 2015 and 2019, the countries of the SICA region, the average growth rate of visitor arrivals was 4.9%, where only in 2019 there was a negative rate of -0.2%, highlights a document of the Secretariat for Central American Tourism Integration (SITCA) published in January 2021. Panama expects 1.4 million tourists this yearThursday, May 15, 2008 Panama expects to receive 1.4 million tourists this year, up from 1.3 million in 2007, the Panamanian tourism Institute (IPAT) said. IPAT said its estimate was based on year-on-year-growth recorded in January and February. Carl-Fredrik Nordström, an IPAT official, said the growth was due to promotion of Panama as a tourist destination in North and South America, the Caribbean and Europe. Mexico drops visa requirement for PanamaniansFriday, April 11, 2008 Mexico's government has advised Panamanian authorities that the agreement to drop visa requirements for Panamanians visiting Mexico as tourists, businessmen, or in transit has gone into effect, as of yesterday. "This is good news for Panamanians," said Foreign Minister Samuel Lewis Navarro. He recalled that Mexican President Felipe Calderón promised to make the change during his recent visit to Panama. Panama: Tourism Figures in 2014Thursday, February 5, 2015 During the year 2.3 million tourists came into the country, of which 48% came from South America, 24.3% from North America, 12.7% from Central America and 2.5% of the Antilles. The increase of 4.7% compared to 2013 did not solve the problem of low occupancy in hotels, because the supply of rooms also continued to rise. A drop of 20% was reported in financial income from this sector. Panama: Tourist Arrivals Begin to Fall in 2020Wednesday, March 18, 2020 During the first month of the year, 215,607 visitors arrived to the country, a figure that is 18% less than the one reported for the same period in 2019. The General Comptroller of the Republic reported that between January 2019 and the same month of 2020 48,696 tourists arrived to the country less, from 264,303 to 215,607 visitors. The report states that in the case of cruise ship passengers, the number increased by 130%, from 10,822 to 24,868.
MARKET TRENDS
Travel and Tourism: Interest Rising in the RegionFriday, February 19, 2021 In the last months of 2020 and in January 2021, interest in travel agency services and other tourism-related services began to increase, a rise that was most evident in Costa Rica and Guatemala. Through a system that monitors in real time changes in the interests and preferences of consumers in Central American countries, developed by CentralAmericaData, it is possible to project demand trends in the short and long term, for the different products, sectors and markets operating in the region. Central America and U.S. Travel AlertsThursday, January 11, 2018 In its new warning system for tourists, the US government included Panama and Costa Rica at the lowest risk level, Nicaragua at level 2 and Guatemala, El Salvador and Honduras, in the category "Reconsider Travel". The US Department of State has announced modifications to its system of travel alerts and recommendations to citizens considering traveling to other countries. The new advisory system divides nations into four levels, according to the risks present in each country. Panama: Tourist Spending Up 4% in 2017Friday, February 9, 2018 In 2017, the country received 2.5 million tourists who spent $4.451 billion, 3.8% more than in 2016. According to preliminary figures from the Tourism Authority of Panama (ATP), in 2016, tourists spent $4.287 billion, $164 million less than the amount generated last year. Panama: More Tourists from Europe, Less from North AmericaFriday, September 16, 2016 The number of visitors from North America who came into the country between January and July fell by 3% year on year, while the flow of European tourists grew by almost 7%. In order to recover some lost ground in the US, Canadian and Mexican markets, an important part of international tourism promotion contract for the next two years will be run in North America. In the first months of the year the number of Canadian tourists who arrived in Panama fell by 27% compared to the same period in 2015, the flow of Mexican tourists fell nearly 5%. Panama: Majority of Tourists South AmericanThursday, August 2, 2012 Over one million tourists entered the country in the first half of 2012, of whom 338,000 were from South America. In an analysis of the origin of visitors by country, the United States remains the main source of tourists, followed by Colombia, Venezuela, Argentina, and Spain. U.S. Traveler is Cautiously OptimisticTuesday, December 15, 2009 A Deloitte survey on November-March travel plans suggests optimism and moderation by U.S. travelers. Deloitte’s survey of 2,000 consumers in the United States revealed that almost half (45 percent) will take a vacation or leisure trip that involves staying overnight in a lodging facility, such as a hotel, motel or a timeshare, from the beginning of Thanksgiving week through March of next year. Additionally, the survey showed: More Canadians and Spanish Visit PanamaFriday, November 12, 2010 In the first 9 months tourist arrivals from those nationalities increased by 50% and 60%. Tourism from Canada increased by 60% and Spain 50% over the same period of 2009. Panama will never leave youWednesday, January 16, 2008 Complete information services, data from the regions to visit, sites and a guide to plan a trip. Official site of the Panama Tourist Bureau. The Republic of Panama is located in the center of the Western Hemisphere under the following coordinates: 7º12’07" and 9º38’46" North, 77º09’24" and 83º03’07" West. |
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