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Baby boomers are turning passion and ideas into businesses
Baby boomers are the best represented demographic when it comes to entrepreneurship, according to a study by the Kauffman Foundation, a Kansas City, Mo.-based entrepreneurship institute.
Many baby boomers are not interested in retirement. They’re always interested in building something.
Read the article: "Young techies snag headlines, but most entrepreneurs are older" at the Desmoines Register

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$100 Million Westin Playa Bonita Debuts In Panamá

Starwood Hotels and Resorts Worldwide, Inc. (NYSE: HOT) and developer Bern Hotels & Resorts have officially unveiled The Westin Playa Bonita Panama, the first Westin to open its doors in Panama.

In addition to being ranked as the number one travel destination for 2012 by The New York Times, top travel outlets like Fodor’s and Travel + Leisure have also recognized Panamá as one of this year’s top emerging hotspots, noting the destination’s dynamic range of offerings, from rainforest adventures to cosmopolitan city escapes rife with cultural flavor and old-world charm.

The gentrification of Panamá City’s renowned historic quarter, Casco Viejo, has contributed to the region’s panache; the once crumbling Unesco World Heritage Site has become a hotbed of art galleries, cafés and stylish boutiques. Just outside the city, experiential travelers can hike through the rainforest, visit indigenous villages, and snorkel waters off the golden shores of the Pacific Ocean.

Click Here to read Complete Article

 
Panama City reports strong pipeline growth
The Panama City hotel market reached total inventory of 10,180 daily available rooms in 2011, following another strong year of new hotel openings, according to STR Global, the leading provider of market data to the hotel industry.

In the last seven years, Panama City rose as a strategic business hub between North and South America. Panama’s growing economy, boosted by the Panama Canal and free trade zone at Colon, helped attract investments and more visitors. International tourist arrivals, according latest figures from the World Tourism Organization, increased by 11.0 percent year to October 2011, driven by increased business trade and the ongoing construction work for the enlargement of the Panama Canal. The enlargement and further investments in infrastructure, real estate and tourism contributed positively to the local economy and particularly provided opportunities for new hotel developments.

Cilck here to read Complete Article


 
Mexico - Is booming again.
The number of national and foreign tourists who visited Mexico in 2011 reached of close to 190 million, 3.7% over 2010, informed the Ministry of Tourism (SECTUR).

The US hotel chain AMResorts, will invest 400 million dollars in Mexico to open three new luxury hotels, two in Puerto Vallarta and one in Cancun.

The mining sector could invest close to four billion dollars in new projects, expansions, technology, training, environment and modernizations in 2012, similar to its investment in 2011, said the Mining Chamber of Mexico (CAMIMEX).

Mexico is among the top 10 car producing countries in the world. In 2011 alone, Mexico's car production increased by more than 13%, reaching close to 2.4 million units, according to a study by KPMG.

Volkswagen AG is considering Mexico as a potential location for its new Audi plant in North America given that the country offers import tariff exemption and one of the best locations for assembly plants (in the center of Mexico), said Michael Macht, manufacturing director of the German assembler.

Mexico has two of the most competitive automotive plants in North America: the Volkswagen plant in Puebla, which produced 510,051 vehicles in 2011, and the Nissan plant in Aguascalientes, which produced 360,796 units during the same year, according to a report by Wards Auto.
Read more...
 
Latin America: Where the world's jobs are

Lauded for its economic stability and entrepreneurial opportunities, interns and career changers alike are looking to Latin America to launch their careers.
"I had been the victim of the downsizing, the madness of the US economy, and the idea of exploring another place – living in another [country] was also really exciting to me," says Roberts, who began developing GirlTank in November as part of a Chilean government-sponsored program called Start-Up.
READ MORE AT www.csmonitor.com
 

 
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Boomers Abroad

BoomersAbroad.com was born in direct response to hundreds of conversations with baby boomers from the USA and Canada who were seeking a new life, and to better understand how they might live abroad, travel abroad, relocate abroad, retire abroad and/or invest abroad. Leading industry experts and many of those who have journeyed ahead will share their personal experiences and knowledge in a great variety of areas.

Boomers Living Abroad

The number of Americans and Canadians living abroad, by today's count approximately 7 million (according to The Washington Post), is twice the population of Chicago and greater than that of 33 U.S. States. A number that has grown steadily over the past decade, and it is expected to more than double within ten years. In the next 20 years, 100 million baby boomers, from the USA and Canada, are going to retire. Five million baby boomers turn age 60 each year, Ten Thousand per day, Eight per minute, and scores of them are purchasing property abroad as vacation homes or investment homes. Naturally, many of them are auditioning these homes for potential primary retirement residences.

Boomers Abroad Online Community

At BoomersAbroad.com online community members can ask experts their questions, create their own profiles, join groups of those who share their particular interests, create their own groups, make friends, upload photos, and have their own blogs, among other features. Using the online community model, our goal is to provide the necessary information, education, guidance, resources, tools and alternatives to start boomers down the path of discovering and understanding all that living, retiring and investing abroad has to offer.


 

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