Panama is Flourishing as its Tourism Industry Thrives

Everyone knows that the Panama Canal is what makes Panama famous, but that's not entirely why the tourism sector here is flourishing. Tourists aren't just coming here to see the canal, although an epic engineering feat of stellar proportions, the canal isn't what snowbirds are looking for either. Its Panama's relative affordability, the climate, the stunning beaches, the relaxed and secure way of life. Panama's steady economy, which has proven to be the economic engine of Central America especially over the past decade, has maintained steady, impressive growth over the past 8 or 10 years, which is a good sign for those looking for an annual vacation destination or a snowbird resort property to invest in.

Geopolitical challenges centred around the canal's control, are proving to be a formidable challenge for the Panamanian people, however, US asset manager behemoth's Blackrock, new owners of 2 strategic ports at either end of the canal, might prove to be the stabilizing factor that stifles this inflammatory political showdown. Meanwhile the beachfront hotspots are serving up the good times undeterred.