‘Clandestine rentals’ mop up tourists in Panama
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