Tax incentives granted by the Nicaraguan government have allowed employers in the hotel sector to increase their investment in Granada, which in 2014 received 521,000 tourists, according to figures from the Nicaraguan Institute of Tourism.

Gerardo Gómez Lacayo, a hotel owner in Córdoba told Elnuevodiario.com.ni that "... Granada is receiving a lot of tourists from all over the world, it is an industry that is growing and it is the best opportunity for jump-starting a project of this nature. "

Meanwhile, the legal adviser to the Investment Company Sándigo Campos Rene Sándigo, added "... The Law on Incentives for the Tourism Industry has helped us a lot in the purchase of expensive equipment because we the 15% tax has been waived . " In addition "... Once the hotel running, the law stipulates a reduction in electricity rates. "

Source: elnuevodiario.com.ni

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