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Panama sees $164 million in carnival spending

Friday, February 28, 2014

Panama's hotels, restaurants, transport services and shops are expecting some $164 million in tourism and local spending over the four days of carnival celebrations.

The country's hotel association is expecting to receive a minimum of $104 million.

Hotel occupancy outside of the capital will be at 95 to 100 percent, hotel association president Jorge Loaiza said.

Source (in Spanish): La Estrella