Panama Growth to Be Helped by Brits

Ttglive.com, the UK’s travel website, announced this week that Panama expects to double the amount of UK visitors from 2007.

Among the highlights of the article that cite Panamanian growth:

• In 2007, 8,000 Britons visited Panama. Already in 2008, there have been 7,400 visitors.
• Panama’s tourism industry is the country’s #1 industry and has grown by 24% over the past year.
• Tax-free inducements are offered to hotel developers until 2015.
• There are 104 new hotel projects underway.
• Investment in real estate and hotels in Panama is more than in Central America and the Caribbean combined.
• 20% of properties at Nikki Beach have been pre-purchased by Brits.

View the entire article here.

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