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‘Clandestine rentals’ mop up tourists in Panama

Friday, July 21, 2017

Apartment owners who do not pay taxes on “clandestine”  tourist rentals account for 20 percent of   visitor room occupancy  in Panama City according to figures from the Comptroller General.

Hotels in the capital of Panama had a total o f 10,488 rooms available in May 2017, of which more than half were unoccupied.

Gustavo Him administrator of the Tourism Authority says that one of the main causes of the low hotel occupancy is the boom in clandestine lodging in the country reports La Estrella.

Source: Newsroom Panama