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Panama Fails to Fill Hotel Rooms

Article Summary:

Despite a rise in visitors, Panamanian hotel occupancy rates continue to slide downward. This is due to the continuous addition of new hotels, with most of the beds being added unoccupied. The problem is especially strong in the Panamanian capital, which is contributing to the negative occupancy rate for the country.

Photo Credit: Wikipedia

Original Article Text From Prensa via Google Translate :

Hotel Occupancy Fell 14% In June

Hotel occupancy in the capital continues to fall. In July, a decrease of 14% compared to the same month last year.

According to preliminary estimates of the Comptroller, during the first seven months of the year, the occupation and is seven percentage points below the level recorded in the same timeline in 2011.

The hotels under 100 rooms are the most affected with an occupancy of 53%, while large chains 62% mark.

The concern is evident among all industry players, who even have asked the authorities to do campaigns to increase the number of airplane seats to reduce the costs of travel to Panama.

Link to Original Article:

From Prensa

  • ravamor

    I don’t believe in La Prensa articles.

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