According to Virtuoso, a company specializing in luxury travel, Panama has become the destination of choice for wealthy vacationers.
After analyzing data from 380 international travel agencies, Virtuoso reports that Panama’s list of bookings for vacation and holiday travel for the first quarter of the year were up 107% among its wealthiest clients, compared to the same period last year—beating out such destinations as Thailand, Switzerland, South Africa, Colombia and Spain
The growing popularity of destinations like Bocas del Toro are responsible for the country’s emergence over places like Costa Rica and others that previously overshadowed Panama, they reported.
Travel & Leisure this year also ranked Bocas del Toro as a top destination citing its natural beauty and unspoiled character.
The magazine also named Panama as its top destination to retire.