The dynamic that the tourism industry in Panama is presenting continues to encourage more investors to increment the hotel biddings, while those investors that already exist seek an efficient technique to consolidate and augment their participation in the hotel bidding process. Ernesto Orillac, Vice Minister of the Tourism Authority of Panama, reported that the hotel business is well positioned through the joint efforts of the Panamanian government and private companies.
Yesterday, the celebration of the 14th Conference of the Association of Spanish Language Academies (ASALA) took place in a hotel in Panama City.
Representatives of the German Condor Airlines have confirmed that the airline is planning to add an additional flight frequency between Frankfurt and Tocumen International Airport during the first half of 2012.
The widening of the Panama Canal is advocating the economic growth and consumer demand in Panama. The economic growth is predicted to exceed 8.5% this year, which will convert Panama in one of the top growing countries within the Western Hemisphere, as reported by the International Monetary Fund (IMF) this past Monday.
Amid the economic crisis afflicting Europe, Panama stands out as an emerging and accessible tourist destination, despite the distance between Panama and the Old Continent, Europe. During the World Market Fair, which was held in London, England, the Panamanian delegation arranged for three British tour operators to include Panama national destinations in their promotional catalogs for next year. Ernesto Orillac, Vice-Minister of the Tourism Authority of Panama, announced that agreements were established with Cox & Kings, Destination, and Black Tomato.
