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$70 million hotel joins Panama's crowded market

Thursday, August 18, 2016

At a time when Panama’s hotel industry  gives signs of imploding, with occupancy rates barely over 40 percent, a Colombian group has thrown its hat into the crowded  ring with a more than $70 million investment.

The Hotel Las Americas Golden Tower near the Patilla Hospital and the heart of the city’s business center is now open for business.

Source: Newswroom Panama