{"id":14456,"date":"2015-09-15T07:46:15","date_gmt":"2015-09-15T12:46:15","guid":{"rendered":"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/?p=14456"},"modified":"2015-09-15T07:46:15","modified_gmt":"2015-09-15T12:46:15","slug":"tough-competition-for-hotels-in-panama","status":"publish","type":"post","link":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/tough-competition-for-hotels-in-panama\/","title":{"rendered":"Tough Competition for Hotels in Panama"},"content":{"rendered":"<p><a href=\"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2015\/09\/trump-pic-1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone  wp-image-14458\" src=\"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2015\/09\/trump-pic-1.jpg\" alt=\"trump pic 1\" width=\"454\" height=\"381\" srcset=\"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2015\/09\/trump-pic-1.jpg 722w, https:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2015\/09\/trump-pic-1-300x252.jpg 300w\" sizes=\"auto, (max-width: 454px) 100vw, 454px\" \/><\/a><\/p>\n<p>Lack of international promotion is the cause indicated by entrepreneurs of the fall in the average rate in the capital, which has dropped by 40% in the past five years.\u00a0 I suggest that it another typical cycle of overbuilding in the market place that many times does not look at hard statistics.<\/p>\n<p>The union says the problem of oversupply of rooms in the country began to get worse in 2012, when the international tourism promotion agreement which the government signed with an advertising agency ended. They argue that &#8220;&#8230;While <a class=\"hlink\" title=\"Panama\" href=\"http:\/\/www.centralamericadata.com\/en\/search?q1=content_en_le:%22Panama%22&amp;q2=mattersInCountry_es_le:%22Panama%22\">Panama<\/a> disappeared from international markets, other countries such as Costa Rica, Mexico, Ecuador and the Dominican Republic increased their spending on advertising. &#8221;<\/p>\n<p>&#8220;.. There are <a class=\"hlink\" title=\"hotels\" href=\"http:\/\/www.centralamericadata.com\/en\/search?q1=content_en_le:%22hotels%22&amp;q2=mattersInCountry_es_le:%22Panama%22\">hotels<\/a> that opened two years ago and now have rates of less than 50 dollars. It is estimated that the average rate in the capital has fallen by over 40% because the influx of tourists has not grown at the same rate as supply. Of the 24,978 rooms that the <a class=\"hlink\" title=\"Panamanian Tourism Authority\" href=\"http:\/\/www.centralamericadata.com\/en\/search?q1=content_en_le:%22Panamanian+Tourism+Authority%22&amp;q2=mattersInCountry_es_le:%22Panama%22\">Tourism Authority<\/a> of Panama registered in late 2014, 15,000 are in the capital city. Between 2009 and 2014 alone more than 4000 rooms were added in the province of Panama. &#8221;<\/p>\n<p>Prensa.com reports that &#8220;&#8230; The hope held by tourism associations is that specific campaigns made by the Tourism Authority of Panama in Mexico, the United States, Colombia and Brazil will create an increase in the entry of visitors to the country. &#8220;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lack of international promotion is the cause indicated by entrepreneurs of the fall in the average rate in<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-14456","post","type-post","status-publish","format-standard","hentry","category-news-articles-panama-perpsective"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.7 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Tough Competition for Hotels in Panama - Blog and Newsletter<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/tough-competition-for-hotels-in-panama\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tough Competition for Hotels in Panama\" \/>\n<meta property=\"og:description\" content=\"Lack of international promotion is the cause indicated by entrepreneurs of the fall in the average rate in\" \/>\n<meta property=\"og:url\" content=\"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/tough-competition-for-hotels-in-panama\/\" \/>\n<meta property=\"og:site_name\" content=\"Blog and Newsletter\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=100088396493750\" \/>\n<meta property=\"article:published_time\" content=\"2015-09-15T12:46:15+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2015\/09\/trump-pic-1.jpg\" \/>\n<meta name=\"author\" content=\"Adrian Prozzo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Adrian Prozzo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/tough-competition-for-hotels-in-panama\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/tough-competition-for-hotels-in-panama\\\/\"},\"author\":{\"name\":\"Adrian Prozzo\",\"@id\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/#\\\/schema\\\/person\\\/6c118309f214f7da81db90c9905c5e69\"},\"headline\":\"Tough Competition for Hotels in Panama\",\"datePublished\":\"2015-09-15T12:46:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/tough-competition-for-hotels-in-panama\\\/\"},\"wordCount\":230,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/tough-competition-for-hotels-in-panama\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/wp-content\\\/uploads\\\/2015\\\/09\\\/trump-pic-1.jpg\",\"articleSection\":[\"News from Panama\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/tough-competition-for-hotels-in-panama\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/tough-competition-for-hotels-in-panama\\\/\",\"url\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/tough-competition-for-hotels-in-panama\\\/\",\"name\":\"Tough Competition for Hotels in Panama - Blog and Newsletter\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/tough-competition-for-hotels-in-panama\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/tough-competition-for-hotels-in-panama\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/wp-content\\\/uploads\\\/2015\\\/09\\\/trump-pic-1.jpg\",\"datePublished\":\"2015-09-15T12:46:15+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/tough-competition-for-hotels-in-panama\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/tough-competition-for-hotels-in-panama\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/tough-competition-for-hotels-in-panama\\\/#primaryimage\",\"url\":\"http:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/wp-content\\\/uploads\\\/2015\\\/09\\\/trump-pic-1.jpg\",\"contentUrl\":\"http:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/wp-content\\\/uploads\\\/2015\\\/09\\\/trump-pic-1.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/tough-competition-for-hotels-in-panama\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Tough Competition for Hotels in Panama\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/\",\"name\":\"THE PANAMA PERSPECTIVE\",\"description\":\"Welcome and enjoy!\",\"publisher\":{\"@id\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/#organization\",\"name\":\"THE PANAMA PERSPECTIVE\",\"url\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/Panama-Perspetive-Logo.png\",\"contentUrl\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/Panama-Perspetive-Logo.png\",\"width\":199,\"height\":168,\"caption\":\"THE PANAMA PERSPECTIVE\"},\"image\":{\"@id\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/profile.php?id=100088396493750\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/#\\\/schema\\\/person\\\/6c118309f214f7da81db90c9905c5e69\",\"name\":\"Adrian Prozzo\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ad1feae25ee47fd05cad15b4eecb3f298066f00b30501ec8ab74742778287eba?s=96&d=identicon&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ad1feae25ee47fd05cad15b4eecb3f298066f00b30501ec8ab74742778287eba?s=96&d=identicon&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ad1feae25ee47fd05cad15b4eecb3f298066f00b30501ec8ab74742778287eba?s=96&d=identicon&r=g\",\"caption\":\"Adrian Prozzo\"},\"url\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/author\\\/adrian\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Tough Competition for Hotels in Panama - Blog and Newsletter","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/tough-competition-for-hotels-in-panama\/","og_locale":"en_US","og_type":"article","og_title":"Tough Competition for Hotels in Panama","og_description":"Lack of international promotion is the cause indicated by entrepreneurs of the fall in the average rate in","og_url":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/tough-competition-for-hotels-in-panama\/","og_site_name":"Blog and Newsletter","article_publisher":"https:\/\/www.facebook.com\/profile.php?id=100088396493750","article_published_time":"2015-09-15T12:46:15+00:00","og_image":[{"url":"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2015\/09\/trump-pic-1.jpg","type":"","width":"","height":""}],"author":"Adrian Prozzo","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Adrian Prozzo","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/tough-competition-for-hotels-in-panama\/#article","isPartOf":{"@id":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/tough-competition-for-hotels-in-panama\/"},"author":{"name":"Adrian Prozzo","@id":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/#\/schema\/person\/6c118309f214f7da81db90c9905c5e69"},"headline":"Tough Competition for Hotels in Panama","datePublished":"2015-09-15T12:46:15+00:00","mainEntityOfPage":{"@id":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/tough-competition-for-hotels-in-panama\/"},"wordCount":230,"commentCount":0,"publisher":{"@id":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/#organization"},"image":{"@id":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/tough-competition-for-hotels-in-panama\/#primaryimage"},"thumbnailUrl":"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2015\/09\/trump-pic-1.jpg","articleSection":["News from Panama"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/panamaadvisoryinternationalgroup.com\/blog\/tough-competition-for-hotels-in-panama\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/tough-competition-for-hotels-in-panama\/","url":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/tough-competition-for-hotels-in-panama\/","name":"Tough Competition for Hotels in Panama - Blog and Newsletter","isPartOf":{"@id":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/tough-competition-for-hotels-in-panama\/#primaryimage"},"image":{"@id":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/tough-competition-for-hotels-in-panama\/#primaryimage"},"thumbnailUrl":"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2015\/09\/trump-pic-1.jpg","datePublished":"2015-09-15T12:46:15+00:00","breadcrumb":{"@id":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/tough-competition-for-hotels-in-panama\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/panamaadvisoryinternationalgroup.com\/blog\/tough-competition-for-hotels-in-panama\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/tough-competition-for-hotels-in-panama\/#primaryimage","url":"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2015\/09\/trump-pic-1.jpg","contentUrl":"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2015\/09\/trump-pic-1.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/tough-competition-for-hotels-in-panama\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Tough Competition for Hotels in Panama"}]},{"@type":"WebSite","@id":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/#website","url":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/","name":"THE PANAMA PERSPECTIVE","description":"Welcome and enjoy!","publisher":{"@id":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/#organization","name":"THE PANAMA PERSPECTIVE","url":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2023\/09\/Panama-Perspetive-Logo.png","contentUrl":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2023\/09\/Panama-Perspetive-Logo.png","width":199,"height":168,"caption":"THE PANAMA PERSPECTIVE"},"image":{"@id":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/profile.php?id=100088396493750"]},{"@type":"Person","@id":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/#\/schema\/person\/6c118309f214f7da81db90c9905c5e69","name":"Adrian Prozzo","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/ad1feae25ee47fd05cad15b4eecb3f298066f00b30501ec8ab74742778287eba?s=96&d=identicon&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/ad1feae25ee47fd05cad15b4eecb3f298066f00b30501ec8ab74742778287eba?s=96&d=identicon&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ad1feae25ee47fd05cad15b4eecb3f298066f00b30501ec8ab74742778287eba?s=96&d=identicon&r=g","caption":"Adrian Prozzo"},"url":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/author\/adrian\/"}]}},"_links":{"self":[{"href":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-json\/wp\/v2\/posts\/14456","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-json\/wp\/v2\/comments?post=14456"}],"version-history":[{"count":1,"href":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-json\/wp\/v2\/posts\/14456\/revisions"}],"predecessor-version":[{"id":14459,"href":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-json\/wp\/v2\/posts\/14456\/revisions\/14459"}],"wp:attachment":[{"href":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-json\/wp\/v2\/media?parent=14456"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-json\/wp\/v2\/categories?post=14456"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-json\/wp\/v2\/tags?post=14456"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}