Pay climbs as hotels bloom
"Revenue from restaurants and hotels in Panama climbed to $255 million in the first three months of 2012 and employee pay rose with it.
The increase was $25.8 million more than in the same period in 2011, according to the Comptroller General of the Republic.
The district of Panama and San Miguelito in the first quarter of 2012 climbed to $211.5 million, and for the rest of the country $43.6million
In the same period there was an increase of 14.3% in the remuneration paid by the sector and a1.4% increase in hiring .
"In the business world there are investors who prefer not to get involved in the “administration” and instead delegate these responsibilities to executives or specialized companies, while others prefer to closely monitor the operation of the business, especially those which are family businesses,” but The hotel industry in Panama, in its expansion, is successfully registering both administrative models with the large number of rooms in existence without using the flag of a franchise says Capital.com
