Tourism: The Fastest Growing Industry In Panama

1848 words - 8 pages

As the years pass Panama is receiving more tourism, which means more money is coming to our country. In theory, tourism is the fastest growing industry in Panama. According to statistics provided by IPAT
“(STATISTICAL REPORT 1997-2006), in 2006 the industry earned him the nation's economy figure of $ 1.45 billion. This amount represents 9.5% of Gross Domestic Product (GDP) Panama”

Based on statistics it is known that every year more visitors come to Panama to meet and enjoy all the marvelous things our country offers. So this means that tourism is increasing by every lapse of time. As many places to visit in Panama, Boca’s Del Toro is one of the favorites.

Do to the different things ...view middle of the document...

This place has been compared to other places thought out the globe, but none is as incredible as Boca’s. Starting the journey on the principal island on the archipelago called isla Colon that, currently it is the center of tourism development in the region, can be reached from boat or from a plane flight taken in the capital of Panama with Air Panama Company. Boca’s offers a big variety of hotels and all kinds of tours for every visitor’s interests.

It has all kinds of sites, touristy circuits, activities and events. Every island offers different kinds of activities, do to the diversity there are different types natural attractions like coral reefs, beaches, wild life and rainforests. Tourists feel attracted to go to Boca’s because of its diversity of cultures, it is known
that there is a high variety of people from all parts of the world living there or visiting. From European and Asians to Indians and Panamenians.
Right now one of the biggest things that is happening in Panama is the economic growth, a start of new businesses adding to this a big factor that is tourism, and Boca’s is 2nd most famous and visited place in Panama that people want to encountered.

It has been calculated that almost all the visitors that go to Boca’s are mainly people from United States or Europe, also what happens is the people come from Costa Rica to Panama to visit. The reason for this kind of visitors is because of the different weathers other countries in which Panama is unique of having. Other reasons may be that they don’t have access to the sea, fauna, flora and beaches. There is evidence of this, based on the massive tours in Boca’s that are made by people from Costa Rica that say that basically Boca’s is part of Costa Rica.

Their is evidence that tourism is growing more and more every day in this province, do to a counting of tourism cards made in 2005 it has summarized that basically:
“The number of tourists who entered Panama by Guabito outpost in the province of Bocas del Toro, between February and July this year increased by 55.2%, according to statistics provided by the Panamanian Tourism Institute. Most of these tourists come from the United States or Europe, to extend your trip from the neighboring country of Costa Rica to Panama.”
RAÚL A. BERNAL rbernal@prensa.com

It is perfectly known that Boca’s is developing more and more as tourist place increase in their sector, now is known that there will be a second place that will provide flights to Boca’s that would be the airport of Rio Hato in the

province of Panama Oeste. The topic of tourism has become so important that there has been an increase in investment and even presidential forums of only the improvement of tourism in Panama.

Immigrants love Boca’s, Why?
Prices, for a Panamanian is obvious that buying a ticket to Boca’s is very expensive taking in consideration the distance and service of the company. However, for immigrants these prices are cheap because Panama is one of...

Find Another Essay On Tourism: The Fastest Growing Industry in Panama

PEST Analysis for a Company in the Tourism Industry

2127 words - 9 pages The Tourism industry is one of the fastest growing industries in theworld. The World Travel and Tourism Council estimates that in 2004Travel and tourism is expected to generate* US$ 5,490.4 billion of economic activity* 10.4% of total GDP* 214,697,000 jobs or 8.1% of total employment* 12.2% of total exports [1]My task is to conduct a PEST analysis for a company within the Tourismindustry.Within the tourism industry, I have to select one area of

Climate change Adaptation Planning: Tourism industry in the Himalaya Region

1563 words - 6 pages Introduction: The Himalayas is a vital region that facilitates mountain tourism to a number of countries including Afghanistan, Pakistan, Bhutan, China, India and Nepal. The unique landscape and scenery of Himalayas is the main attraction to tourist activities in this region. Tourism industry is one of the major contributors to Gross Domestic Product (GDP) and employment. As an example, tourism sector contributes 9.4% of GDP and 8.2% of total

Climate change Adaptation Planning: Tourism industry in the Himalaya Region

1603 words - 7 pages The Himalayas is a vital region that facilitates mountain tourism to a number of countries including Afghanistan, Pakistan, Bhutan, China, India and Nepal. The unique landscape and scenery of Himalayas is the main attraction to tourist activities in this region. Tourism industry is one of the major contributors to Gross Domestic Product (GDP) and employment. As an example, tourism sector contributes 9.4% of GDP and 8.2% of total employment in

E-marketing in Tourism Industry

2275 words - 9 pages approach especially within the travel and tourism industry. The growth of this industry will depends greatly on the emarketing strategies of a company.ReferencesArmstrong, G., Kotler, P., Saunders, J and Wong, V(1999) Principles of Marketing. 2nd edn. Prentice Hall Europe. London.Ash, B and Lambert, T. (2001) e-marketing dominance, How to use the interne to win and keep customers. The Mcgraw- Hill companies. England.Barnes, E., McClelland, B

Service Quality in the Tourism and Hospitality Industry

2702 words - 11 pages of different passengers. The Tourism Industry Tourism has become a vital tool for major revenue in many countries and regarded as an important catalyst in improving the global economy. Air travel has made the world smaller and accessible in many ways. Many state of the art airlines and airports across the world have catered to the ever growing demands of the customers who wish to travel by air. Those who work in the airline industry are aware

Gender diversity in the hotel industry - Tourism Culsture - Assignment

1150 words - 5 pages Gender diversity in the hotel industry, especially reflects on the management positions and different departments. There are gender imbalances in senior management positions which leads lower proportion of female executive leadership (Groschl & Arcot,2014). Kogovsek and Kogovsek (2015) stated that it is a common believe that men are leaders in a traditional thinking way while women are not. The test about relationship between employees? gender

Strategies for the Tourism Industry

879 words - 4 pages 2- Strategies for Tourism Industry - Micro and Macro Perspectives. Edited by Murat Kasimoglu and Handan Aydin, April 20, 2012. This chapter presented the role and positions of cultural tourism, as one of modern tourism industry’s most dynamically developing branch, in today’s global tourism market both from the theoretical and the practical point of view. With the definition of cultural tourism, the chapter tried to show the complex problems

The U.s. Interest in the Panama Canal

1124 words - 4 pages $352,000,000; the French spending $287,000,000 and the grand total was $639,000,000. It is estimated that over 80,000 persons took part in the construction and that over 30,000 lives were lost by both the French and Americans. (Ared) While many people would have a job and the economy seemed to be growing, many others were losing limbs or worst their lives. Latin America has been plagued by the U.S. for centuries. Yes it is true that the Panama

Fast-growing Automobile Industry in India

1151 words - 5 pages EXECUTIVE SUMMARY Indian automobile industry is a globally one of the largest industries and a key sector of the economy. The automobile industry is one of the prime industry in india and now one of the fastest growing industries in the world in terms of vehicle manufacturing. The automobile sector in Indian industry is one of the high performing sectors of the Indian economy this has added largely in crating india an important intension for

Risk and crisis management in tourism industry

3545 words - 14 pages Although in the new millennium the tourism industry is growing, the first four years have experienced tragic incidents. People still have in their memories the terrors of 11th September 2001, in New York, Washington D.C and Pennsylvania (Han, 2005). Additionally, as the same author states (2005, p.2), in 2003"… international travel in the Asia-Pacific region was devastated by Severe Acute Respiratory Syndrome and the Iraqi War"In the year

Impact of Tourism Industry to the Environment

2261 words - 9 pages industry which relies heavily on natural attractions. This gathered data came from a research interview conducted by the researcher to an expert. The expert who has been interviewed was Ms. Joreen Rocamora a Domestic Tourism teacher. According to Ms. Rocamora, not all of the changes in the environment are caused by the development of the tourism industry. For her, these changes in the environment are mostly coming from people. It is not only coming

Similar Essays

The Tourism Industry In The Carribean

1080 words - 4 pages In her essay, “Last Resorts: The Cost of Tourism in the Caribbean”, journalist Polly Pattullo presents an inside view of the resort industry in the Caribbean Islands, and how it truly operates. Tourism is the main industry of the Caribbean, formerly referred to as the West Indies, and it is the major part of the economy there. Pattullo’s essay mirrors the ideas of Trevor M.A. Farrell’s perspective “Decolonization in the English-Speaking

The Fastest Production Car In The World

1603 words - 6 pages In 2007, Hennessey Performance, a tuning shop out of Houston Texas that focuses on making fast cars even faster, participated in an acceleration contest between some of the fastest and well-known supercars to date. The goal that day was to reach the quickest acceleration time from 0-200 miles per hour. Even though Hennessey Performance was facing some of the fastest supercars in the world, they did not show up empty handed. The engineers at

The Spanish Tourism Industry Essay

874 words - 3 pages ; unfortunately lots of these jobs are filled by migrants from abroad by young people in search of summer jobs. The fact is more people now arrive in the Spanish airports looking to buy houses or invest in timeshares than actually want to stay in a resort. This will be the start of a slow demise for the costal tourist industry in Spain. Spain's hopeful saviour will be green tourism; this is the new breed of tourists

Tourism Industry: The Largest Economic Activity In The World

1704 words - 7 pages economic growth and development in worldwide. This paper set out to discuss the impact of sports tourism to a nation. It began by defining tourism and addressing the major contribution that this sector makes to the global economy. The paper has shown that sports tourism is the fastest growing market portion in the tourism industry, and countries gain significant economic benefits from it; therefore, nations should increase their investments in