Article - Margaritaville to Open First Location in Panama in 2027 - Set to debut in mid-2027, Margaritaville Beach Resort & Residences Playa Caracol will blend local cultural and architectural traditions to offer a distinctive experience in design and food & beverage, while embracing classic Margaritaville amenities such as 5 o Clock Somewhere Bar and License to Chill Bar & Grill.