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Pacific Gold Coast hotel growth

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The hotels on the gold coast of Panama are experiencing very high occupancy rates. This article is from Panama America. With the new International Airport coming in the near future to Rio Hato, there appears that this development will be generating another Punta Cana type explosion for rooms in the future

Pacific beaches of Panama, specifically the province of Cocle, have become a focus of attraction for investors and domestic/foreign tourists. Hotels such as Buenaventura, Breezes, Playa Blanca and Decameron Royalton Luxury, with over 2500 rooms collectively, are signs that growth is part of Panama's continued growth.

Jorge Loaiza, advisor to the president of the Royal Decameron chain, said that it was precisely the construction of this hotel that triggered the “boom”.

He added that when they decided to research studies that recorded rainfall in the area, an important element “when selling sun and beach” - they found that the rain occured at different times of the year from Colombia, Argentina, Ecuador and Brazil. VEry imporant element for bookings!

Europe has greatly contributed to the boom.

But not only foreign visitors come, he stressed that nationals represent 30% and 35% of the tourists.

Before the boom, he added, there has been major investments for expansion in this area of over 200 million dollars.

For Maru Galvez, CEO of the newly built Luxury hotel Royalton, room demand is growing.

He noted that this 300-room resort has been built with an investment of 30 million dollars.

The hotel has for the New Year season, 80% of capacity reserved.

He stressed that in the recent World Baseball Championship athletes who stay there are from United States, Greece, Japan and China-Taipei.

Convention tourism also generates important tourism revenue in the region.

The Royalton Luxury housed two hundred people from Dismayor, an Ecuadorian company that held a business convention in its facilities. And it was pointed out, that the ease of connectivity, an important factor for them to consider
.
Orillac Ernesto, vice minister of the Tourism Authority of Panama (ATP) determined that there is a great tourism product differentiation for different destinations. He admitted that the greatest increases were observed in the province of Panama and the Pacific beaches in the province of Cocle.

He said easy highway access by car, the short transit time from Panama City and the Scarlett Martinez Airport, are crucial both for tourists who travel in a defined time and for convention conference draws.

Besides the sun and beach tourism, said that there are other destinations that have been developed with large projections, as is the case of El Valle de Anton.


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