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Public-private tourism fund for Panama

tourists-620x264.jpg 
Tourists in Casco Viejo

A PUBLIC-PRIVATE tourism promotion fund similar to a scheme introduced in Canada some 30 years ago and already in  place in at least three Latin American countries  has been approved by Panama’s National  Assembly.

It will consist of contributions from the government, municipal entities and private companies.

Tourism Authority manager  Gustavo Him, said  that the fund is an investment that will provide a return and that countries such as Mexico, Colombia and the Dominican Republic have been successful because they already have this resource to promote their tourist destinations worldwide.

“The step we have taken will allow all of our actions to be more expeditious, for tourism to grow and permeate the entire sector and for private enterprise, which remains the engine of tourism, to have a stronger presence in all decisions taken,” he said.

 

http://www.newsroompanama.com/business/panama-4/public-private-tourism-fund-panama

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Panama leads region in tourism visits

tourists-620x264.jpg 
Tourists in Casco Viejo

OVER  two million tourists visited Panama in 2016, surpassing Costa Rica, Chile and Argentina, and putting $4.1 million  into  the  economy according to official figures.

The World Economic Forum, has identified  Panama as a power of regional tourism.

Tourism contributed 8% to the growth of the Gross Domestic Product (GDP)  in 2016 and increased employment by 9% in the country.

A report published by the international organization indicates that the growth of the sector is based on an attractive business environment and a privileged geographical position.

“We have developed a connectivity system. There are also cruises and strong investments in new hotels, “said Manuel Ferreira, director of Economic Affairs at the Panama Chamber of Commerce, Industries and Agriculture.

 

http://www.newsroompanama.com/news/panama/panama-leads-region-tourism-visits

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How to Attract More Tourists to Panama

Private companies and the municipality of Panama City are developing a plan to offer tourist activities in the capital to passengers who are in transit through Tocumen airport.

Tuesday, May 16, 2017

While tourism and hotel operators are still looking for alternatives to improve the sector's sluggish figures, the municipality of Panama intends to develop a plan that encourages passengers who are waiting for connections at Tocumen airport to go out and visit some tourist attractions in the city. Routes related to religious tourism, others focused on the history of Panamanian athletes who are famous worldwide and thematic shows that show how life was during different periods of Panamanian history, are some of the ideas that have been suggested so far.

See " 2016: Bad Year for Tourism in Panama "

Prensa.com reports that "...In order not to concentrate all of the flow of visitors in the city center, we are working with the communities of Lake Alajuela and with the residents and merchants of the sector of San Martín, district of Panama, where rural tourism, agrotourism, Ecological tourism and adventure tourism can be developed."

Ernesto Orillac, president of the Panamanian Association of Tour Operators , "... sees the creation of a joint-stock company with the capital from the municipality as positive, but points out that the challenge will be to work together with other agencies."

Another of the proposals being analyzed is to create a "brand" for the city of Panama, so that it differentiates supply from the capital from the rest of the country.

 

http://www.centralamericadata.com/en/article/main/How_to_Attract_More_Tourists_to_Panama

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Panama: Tourist Spending Slows

In the first nine months of the year, tourist spending in the country grew by 2.7% compared to the same period last year, well below the 11% increase registered between 2015 and 2016.

Thursday, November 16, 2017

"ltr">Figures from the Comptroller General of the Republic show that at the end of the third quarter of the year tourists who visited Panama spent $3.499 billion, while in the same period in 2016 theses expenses amounted to $3.407 billion. 

See statistics by the Controlaria. (In Spanish)

"... Arrivals of North Americans (United States, Canada and Mexico) fell by 12% up until the month of September, while the movement of Europeans, which up until last year remained one of the main markets for Panamanian tourism, decreased by 7.7 %, with 619,000 people."

Ernesto Orillaca, president of the Panamanian Association of Tourism Operators, told Prensa.com that "... connectivity of the country with the United States needs to be increased, but through airlines whose final destination is Panama. He explained that Panama is attracting tourists who stay for two or three nights, when the sector needs medium and long stay travelers."

 

https://www.centralamericadata.com/en/article/main/Panama_Tourist_Spending_Slows

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