Soon after my cousin built his house down there, he met the owners of a hotel on Contadora who asked him and his wife to manage the place. I don't know how long they lasted but they were treated like crap so they quit........
The Panama experience for my cousin was somewhere between 2005 and 2010 I think.....
I dont recall there being more than one hotel on Contadora but there may have been. I do remember that if you looked from Contadora back toward the mainland there was another island across the way from the end where the hotel and airport was. Offhand I dont recall the name but there was a resort on that island. I was told it was owned by Germans for Germans. No one I knew went there, ever, but you could see it.