Black Friday Increases Hotel Occupancy In Panama City
The Hotel Association of Panama estimates that hotels in Panama City will be at an occupancy rate of 70% for the upcoming Black Friday weekend beginning on November 28. According to the Tourism Authority of Panama, hotel occupancy has dropped to 59% this year (Central America Data), so the influx of tourists coming for Black Friday is welcomed. Many of the tourists come from Costa Rica, Colombia, Ecuador, Nicaragua, El Salvador, and a few of the Caribbean countries.
For this year Multiplaza Mall is advertising that they will open their doors at 6:00 am and close at midnight and customers will be able to take advantage of deals of up to 70% off. Parking will also be completely free the entire day.
Albrook Mall, the 11th largest mall in the world, is advertising discounts of up to 75% and will be open from 8:00 am to 10:30 pm on the 28th.