The president of the Panamanian Hotel Association (APATEL), Jesús Sierra Victoria, optimistically predicted that the country's hotels could exceed 60% occupancy levels by year's end.
The archaeological site of El Caño, in Coclé, continues to capture the interest of international mass media. It made the cover of National Geographic magazine in January 2012, and now the Spanish moviemaker Wanda Films is preparing material on the discoveries made at the site.
Panama is the product of its colonial heritage, which it has molded to fit the image of the needs of the global system. Contrary to common belief, this did not begin with the neoliberal globalization of the 1980s, but upon the European discovery and conquest of the Americas. Thus, the isthmus is assumed to have always served as a trans-oceanic enclave, and the resulting Panamanian social and economic structure and concept of its position in the world is evident in such institutional slogans as "Pro mundi beneficio" and the more popular "Panama, crossroads of the world, heart of the universe".