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A Different<br />

Kind of<br />

Vacation in<br />

PANAMA<br />

CITY<br />

BY J.B. BISSELL<br />

Although the industry has matured and evolved<br />

in countless positive ways over the course of<br />

the last few decades, the average consumer<br />

still has certain preconceived notions about<br />

what a vacation ownership property looks and<br />

feels like. So let’s be clear right from the beginning:<br />

Mega Vacations Club’s two Panama City<br />

resorts — the Mega Vacations Club at Hard<br />

Rock Hotel Megapolis and Mega Vacations<br />

Club at Radisson Decapolis — do not fit into<br />

any of those preconceived notions, no matter<br />

what they are. And that’s exactly what the<br />

company is going for.<br />

“These are our first vacation club projects,” says Roko Setka, corporate general<br />

director of Megapolis Investment Group, parent company to Mega Vacations<br />

Club. “So our goal from the very beginning was to stand out, and we thought<br />

this was a perfect time to introduce a different kind of vacation experience in this<br />

market.”<br />

Check “standing out” off the to-do list. One quick glance at the property’s<br />

description makes it clear that Mega Vacations Club is offering something completely<br />

different from their regional competitors — and quite different from most<br />

global competitors, for that matter.<br />

For starters, while the vast majority of resorts throughout Central America and<br />

Mexico are either positioned right on an idyllic beach or tucked away on some<br />

nearby bucolic hillside, the Megapolis and Decapolis — adjacent high-rises —<br />

are a prominent piece of the Panama City skyline. The “different kind of vacation<br />

experience” to which Setka is referring is a truly urban escape to Punta Paitilla,<br />

one of the most hip and happening neighborhoods in Panama’s bustling capital.<br />

Setka’s Megapolis Investment Group may be new to the vacation club<br />

business, but the company is quite familiar with the ins and outs of the local<br />

hospitality industry, and has had plenty of previous success developing various<br />

multiuse properties throughout Panama. So, the decision to pursue a timeshare<br />

product based in Punta Paitilla was a calculated one, although also a cinch.<br />

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