Panama's tourism sector is defying regional trends and showing solid, sustained momentum.
According to recent data, international arrivals grew by 8.4% in the first half of 2025, a clear indicator of the country's growing appeal as a global destination.
Connectivity: the engine of growth
This growth is no accident; it is being actively supported by an improvement in air connectivity.
Copa Airlines has recently expanded its routes between the United States and Panama, reaching more than 300 weekly flights to 18 cities.
This influx of visitors is driving immediate demand in several key sectors:
- Hotel infrastructure.
- Short-term rentals.
- Business development.
Outlook 2026: The Time to Invest
Looking toward 2026, data suggests the market is ready for new hotel investments and real estate projects designed to cater to this expanded audience.
However, capitalizing on this boom requires more than just capital; it requires a strategic navigation of the Panamanian legal framework.
«Success in this sector depends on understanding tourism incentives, tax benefits, and land acquisition laws.»
In AFRA, we have a specialized practice area in Real Estate and Tourism.
Whether you are looking to develop a new property or expand an existing portfolio, we provide the comprehensive legal support necessary to maximize your return in this growing sector, ensuring that your investment complies with all local regulations through ethics and excellence.
For legal advice aligned with the standards of corporate counsel in the region, our specialized team is at your disposal.
