Panama City is on the rise. What once was considered a layover city into South America is now experiencing a resurgence with Casco Viejo on the tip of every traveler's tongue. The Historic Quarter is a busy but colorful neighborhood bursting with character. Among the decaying columns of colonial buildings are newly restored boutique hotels, with American Trade leading the way. There's an air of change that's hard to ignore, but it's a neighborhood's first phase of transition that always makes it the most exciting and desirable time to come.