Buddha Bar Moving into Developing Panama City

Buddha Bar Hotel & Spa announced last week that Panama City, Panama will be its newest location. Buddha Bar is an international phenomenon of Oriental inspired luxury hotels that feature hotels, restaurants and spas.

The group behind Buddha Bar has more than 10 years of experience that began in Paris and has expanded to London, Cairo, Beirut, and Dubai. In addition to the Panama City location, the group plans to open in Prague this summer.

According to the release issued by the group, “Buddha-Bar creates an exotic journey that includes eclectic design, hypnotizing music, and magical food mixing the boldness of Asian flavors with the delicacies of France. The combination results in an incomparable escape from the everyday world, bringing elite guests back over and over again.”

Buddha Bar keeps an east-meets-west theme and focuses on a celebrity clientele and those wanting to “be seen”. The group created the concept of “eatertainment”, where dining is more than just an eating experience.

The new hotel will be located downtown Panama City. It will feature “full-service suites with cozy and contemporary Asian interiors, an iconic restaurant, and their internationally acclaimed spa.” The release also claims that “Guests will enjoy the glamour and elegance of a 5-star hotel and unparalleled customer service that defines Buddha-Bar’s philosophy…Residents and tourists of Panama City will be overjoyed to finally have a sophisticated scene for evenings out that compares to the rest of the world’s top cities”.

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Panamanian Development to Honor Olympian

Here in Panama, we are very proud of Irving Saladino, our Olympian gold medal winner.

President Martin Torrijos announced last week that the newest sports city development that is currently under construction in Panama City, will be named after Saladino.

Saladino won the gold medal for the long jump of 8.34 meters in the 2008 Beijing Olympics. It was the first gold medal for Panama in the Beijing Games.

Torrijos made the announcement for the naming rights in a press conference on the shore of the Panama Canal. The naming coincides with the push by the Panamanian government to encourage sports among youth.

Saladino is truly a national treasure four the developing nation of Panama.

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Trade Mission to Panama: Focus on Development in Panama City

The U.S. Department of Commerce is hosting a “Trade Mission to Panama” conference, which will be held October 26-29, 2008

The conference will be focused on the booming development in Panama, and opportunities that exist for exporters in the United States as the pending U.S.-Panama Free Trade Agreement comes to fruition.  With the expansion of the Panama Canal, Panama’s economy grew 38.2% in 2006, and 11.5% in 2007.

The conference boasts coverage in the areas of: Building products, Electric & Power, Consumer Goods, Hotel & Restaurant, Medical, IT & Security, Construction, Safety & Security, and Telecom and Machinery.

Participation Fees:

$1560 – small and medium-sized businesses

$1850 – large firms and enterprises

** Each additional company rep is charged $450

** Incidentals are billed separately

The schedule will be as follows:

Sunday, October 26, 2008

- Arrival in Panama City, Briefing and Group Dinner at the Mira Flores Locks

Monday, October 27, 2008

- Economic & Business Briefing

- One-on-One Meetings

- Colon Free Zone Option

- Networking opportunity at the residence of the U.S. ambassador

 Tuesday, October 28, 2008

- One-on-one meetings

Wednesday, October 29, 2008

-Briefing by the Panama Canal Authority

The registration deadline is September 19, 2008.  For more information about the conference, click here. 

If you plan on attending the conference, schedule some time to visit our beautiful land developments.  Contact us at www.panama-land-for-sale.com for more information.