Panels, Views, Taxonomy arguments & contexts,

After a few days searching D.O an groups, with failure to get a solution, I present my support request.

Here is my scenario.

--------------NODE TYPES----------------

I have nodes "hotel", "college" , "gym" which can be attched to a vocabulary Location

--------------VIEWS----------------

I have three views Hotels, Colleges, Gyms which show a pagenated table view of respective node types.

--------------TAXONOMY----------------

Location is Vocabulary VID 1, with hierarchy of the sort:

Country (england | Wales | Scotland | Ireland )
--County ( Oxfordshire | West Sussex )
---City/Town (London | Cardiff | Edinburgh )

--------------PANELS----------------

I would like to set up a panel page for each country, with different embedded views of nodes attached to each country

a panel page for each county with views of nodes attached to this taxonomy

another panel page for cities, with nodes attached to this city taxonomy

--------------THE REQUIRED FUNCTIONALITY----------------

So as an example: We could have England TID 1, West Sussex TID 200, Brighton TID 300

Visiting mysite/england will show 3 three views named above with nodes attached to tax ID 1

while mysite/england/westsussex will show the 3 views named above with nodes attched to TID 200

and mysite/england/westsussex/brighton will will show 3 views named above with nodes relevant to TID 300

--------------MY SUPPORT REQUEST----------------

With the current Panels 2, how would one achieve this?
What arguements or contexts should one use?
Is there any documentation for this?

--------------WHY NOT USE VIEWS TO CREATE EACH VIEW----------------

Building each and every view for each and every city can be very tedious (although can be done), using the UK example above, one would need to create more than 2500 views for each country, county and city/town. I am sure this is exhaustive on the DB.

Thank you