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The international attention that Panama is getting for its real estate has notably favored the hotel sector, declared Panamanian Hotels Association (APATEL) president, Jorge Loaiza.
Loaiza said that besides the fact that there is no record of tourists who are a product of the steps followed by the real estate in Panama business, we have to accept that the “boom,” of the real estate in Panama has contributed to the growth in hotel occupancy. He specified that the foreigners who arrive to invest in real estate in Panama are framed within business tourism, and represent a considerable percentage in the rate of occupancy.
For Loaiza, the publicity campaign developed by Panamanian real estate market does not only benefits the real estate in Panama sector itself, but other sectors. Real estate in Panama and the thrust of the government in tourism has brought about good results. The hotel guild is convinced that a united front allows more businessmen, other than those for real estate in Panama, to view the country as a safe, reliable and profitable destination.
According to the document “Main Economic Indicators”, the entry of resident passengers overseas increased 13.0 percent, since the number of visitors improved a 12.7 percent. In that sense, it is known that the promoters for the real estate in Panama increase more each time, as well as the investors who view the market as a profitable business.
The market that thrusts real estates in Panama and the independent agents for real estate in Panama to an international level is determinate, as well as the absence of natural phenomenon. Currently there is a diverse amount of attractions that make it ideal to reside or invest in real estate in Panama.
 The proprietors of real estate in Panama have infused a wake-up call around a world that previously had no idea we existed. In an effort to let ourselves be known, real estates in Panama participate in international fairs and have come to the attention of international corporations who have actually invested in real estate in Panama.
For real estate in Panama the service and attention to the tourist is prevailing. By the year 2010, the hotel sector predicts to reach an occupancy of 24 thousand rooms, many of which investors in real estate in Panama and accomplish the entry of 1 million 500 thousand visitors to the country, benefiting diverse sectors of the economy, considered the market for the real estate in Panama.
For the World Tourism Organization (OMT), in the year 2006 about 843 thousand foreigners visited the country, which along with the boom, of real estate in Panama makes prestigious hotel chains see this as an attractive region for their expansion.
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