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Thursday, June 20 2019 @ 11:35 AM UTC

Hotels in Panama 66% Occupied

Travel & Tourism About 66% of the hotel rooms in the country are occupied. Panama's tourism industry recovered its growth in the first half of 2010. This is made clear from statistics provided by the Tourism Authority of Panama. According to this data, there has been an increase of 26,588 additional visitors, or an increase of 4.3%, compared to the same period last year in which a total of 649.257 tourists visited Panama. Similarly, this rise in the number of visitors is also reflected in the rates of hotel room occupancy, which had a substantial, rally, because the occupancy rate is 66% of the total number of hotel rooms available in the country - 872,780 rooms. In Panama, the hotels are divided into: Group 1: this refers to those with more than 100 rooms and / or special services (such as the Plaza Paitilla, Riande Continental, and Miramar Intercontinental, among others) and Group 2: referred to Hotels with fewer than 100 rooms and / or special services (such as the Aramo, Hotel Eurpoa, California, etc.) Panama has 557,794 hotel rooms in Group 1 - of these, 74.8% were occupied. There are also 314,986 rooms in Group 2 - of which 50.3% are occupied. The Panamanian Association of Hotels thinks this increase will be maintained through the end of the year. (El Siglo)

Editor's Comment: Do these numbers sound off to you? Are there really a total of 872,780 hotel rooms in Panama? I guess that's possible, but it sounds like a high number.

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Hotels in Panama 66% Occupied | 5 comments | Create New Account
The following comments are owned by whomever posted them. This site is not responsible for what they say.
Hotels in Panama 66% Occupied
Authored by: Anonymous on Wednesday, August 18 2010 @ 06:14 PM UTC

Maybe they're counting all those little sleazy places tourists would never use. They're everywhere. Maybe they're even counting push buttons. But the actual number of decent hotels is probably inflated.

Hotels in Panama 66% Occupied
Authored by: susangg on Wednesday, August 18 2010 @ 09:27 PM UTC

Its not surprising that the tourism authority in Panama seems to be incapable of doing anything to help the tourism industry (other than picking winners and losers by trying to stifle the competitors of the "unfavored" parts of that industry, as in the abortive attempt to shut down vacation rental providers fiasco last year).
Why? Because, as this article demonstrates, they don't have a clue about what is going on in tourism. If they had a clue, they would know that these numbers are pure bovine by-product outside of Panama City. Ask anybody involved in providing tourism accommodations (hotels, resorts, B and B's, cabins, etc.) outside of Panama City how their occupancy is. Show them these figures and they'll fall over laughing, just as I did.
Occupancy rates in Bocas del Toro (outside of the short "high season) are running around 10-25%. Its not much better, if at all, in Boquete. If you're averaging more than 25% occupancy in low season, stand up and take a bow and tell us how you did it.

---
"Dissent is the highest form of patriotism."
(Thomas Jefferson)

Hotels in Panama 66% Occupied
Authored by: Anonymous on Thursday, August 19 2010 @ 07:50 PM UTC

Any discrepancy in the number of rooms the Tourism Authority has reported is easily explained.The Panamanian Tourist Authority counts available space, within a duly authorized tourist room, as that could also constitute additional surplus room and thus translate the surplus room into a de facto extra room..so, a room with a bathroom that includes a shower and a double sink might count as two additional rooms within the same room depending on the square centimeters utilized within that room. Consequently, a five room B&B carefully examined might actually yield as many as 14 regular rooms...
Of course, this may be complete bunk..but the logic is pure Panamanian..

Hotels in Panama 66% Occupied
Authored by: Anonymous on Friday, August 20 2010 @ 02:40 AM UTC

I have a 2 Bedroom condo in Bella Vista.

Sept 1 2008 - Aug 31 2009: 43% Occupancy
Sept 1 2009 - Aug 31 2010: 76% Occupancy

Sept 1 2010 - August 31 2011: I already have 17% booked.