The economic development Panama has experienced over the past decade has had a lasting impact on the tourism sector. Buoyed by expanded connectivity and increasing investment in hotels and convention centres, the sector has experienced unprecedented growth in the past few years. Today, it is a pillar of Panama’s economic development, generating more revenues than transit...
Displaying 853 - 858 of 1500
Articles & Analysis | Panama tourism growth set to continue with new promotions and offerings from The Report: Panama 2015
Buoyed by expanded connectivity and increasing investment, Panama’s tourism sector has experienced unprecedented growth in the past few years. Today, it is a pillar of economic development, generating more revenues than transit fees from the Panama Canal ($1.92bn) or the Colón Free Trade Zone ($1.9bn). According to the Tourism Authority of Panama, visitor numbers have grown every year since...
Despite slower GDP growth of 6.2% in 2014, according to the Ministry of Economy and Finance, Panama remains one of Latin America’s fastest growing economies, a trend set to continue in coming years with the IMF forecasting average annual growth of around 6.5% over the next five years.
Having just hosted the 15th annual Pacific Games, which ended this month, Papua New Guinea is hoping to build on that success to set itself up as a regional venue for international sporting and political events.
Higher tourist spending and longer holiday stays are supporting Malaysia’s efforts to reignite its tourism industry, bolstered by a more favourable exchange rate.
Economic update | Ghana looks to lift African tourism
20 Jul 2015
In spite of its reputation as a safe, friendly destination – along with strong links to the diaspora and a wide range of cultural, natural and historical sites – Ghana’s tourism sector has yet to reach its potential, prompting the country to embark on an ambitious strategy aimed at increasing visitor numbers over the next 12 years.