Wee-Mingh Fung
David (PAN)
Role(s):
Hotel Panama Rey
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Startup
Location:
David
Industry:
Hospitality
Description:
Hotel Panama Rey is a 26-year old hotel looking for an angel investor or a lending institution to raise the capital necessary to start a renovation project that will convert the hotel into the best 4-star hotel in Town. Panama has been ranked as the #1 best place in the world to retire and the city of David is experiencing a boom in tourism and the real-estate business. The hotel wants to be prepared for the new wave of international customers (second-home buyers and tourists) that are visiting this part of Panama. In the next 10-years about 50 million baby-boomers will retire and Panama will rapidly see an increase of visiting baby-boomers because of its excellent international ranking as a safe haven to retire.
The Panama Rey has a complete Business Plan and wants to find angel cap