How Panama Is Becoming The Next Luxury Hot Spot

Vaniceseasonal's Blog

Panama’s Cityscape (Credit: Panama Tourism Authority and Copa Airlines)Forbes-Panama-CityView-PanamaTourismAuthorityCopaAirlines

Panama’s Cityscape (Credit: Panama Tourism Authority and Copa Airlines)

THANKS;Jennifer Kester, Contributor

Panama may be best known for its canal, but the country isn’t merely a convenient passageway between east and west—it’s a destination made up of a unique mix of city, rainforest and beaches. One of the fastest-growing economies in Latin America, Panama is on the cusp of becoming a hot luxury travel spot.

April 2015 saw the unveiling of Soho Panama mall, a new luxury epicenter in downtown Panama City. Not only did it bring shops from the likes of Chanel, Versace, Burberry and macaron masters Ladurée, but the mall also will house The Ritz-Carlton, Panama when the 220-room hotel (with two swimming pools, a spa and four dining venues) opens in late 2016. The Ritz-Carlton company will follow up its Panama debut with a second hotel in the…

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