Panama Hotel Occupancy Rates 2nd in the world at nearly 85%
Perth had an occupancy rate of 85.1 percent, Deloitte said in a report released today. Next on the list, which tracks 7,800 hotels in 165 cities outside the U.S., was Panama with 84.7 percent followed by Dubai at 84.5 percent.Bloomberg.com: Australia & New Zealand
Wow! Everyone in Panama and that visits Panama kept telling me about the high occupancy rates. Now, I have proof, which will be useful as I am putting together a team for hotel development in Panama City.
I've got a real estate investment banking firm interested and am looking for development partners and a brand (thinking Hilton since they have a small presence in Panama).
Know of any companies that may be interested?
UPDATE: The multi-billion dollar, multi-year expansion of the Panama Canal and the fact that is international banking center with over 80 international banks are only a couple of the reasons why the Hilton, Orient-Express and Marriott among others are starting or expanding their presence in Panama. You can find out more about Panama hotel investment and development projects by visiting the Panama Hotel Investment and Development Projects page or email any specific questions.
Tags: panamareal estate, panama hotels, panama occupancy rates, panama hotel development, panama real estate investment banking
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If you want to discuss or find out more about this blog post, call me at 240-441-5086 or email me. (just remove the "-spamnot" from the email address.) Thanks for visiting! Marvin a.k.a. eMarv
