Panama's geographic location

Panama is located southeast of Central America, bordered on the north by the Caribbean Sea, south by the Pacific Ocean, east by Colombia and west by Costa Rica. Its Capital is Panama city.

It is a place meeting of several cultures. In its territory is located the Panama Canal, an important work that facilitates shipping between the Atlantic coast and the Pacific Ocean and has a great influence on world trade. Due to its geographical position currently offers the world an extensive platform of marine services, commercial real estate and financial services, where we highlight the "Zona libre de Colón", second in the world.

Its population exceeds by some three million inhabitants, which boasts a privileged position in various statistics of growth and development in Latin America, as per capita income, level of economic growth, globalization and life expectancy.


Hotel Occupancy in Panama City grows:


This year the occupancy rate of hotels in Panama City has been climbed in the months of January and February.
According to statistics, the overall occupancy rate was 63%, were 294.039 occupied rooms of the total of 466.355 rooms available.
The arrival of new hotels is an idea for to increase the tourism in Panamá.

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