Tourism in Central America and the Caribbean

According to CEPAL, Central America and the Caribbean will be the most affected by the stagnation in tourism due to the financial crisis.

Tuesday, December 23, 2008

Around 75% of tourist that visit the Caribbean (and who speak English), and 40% of those that visit Central America, and 75% of those that visit Cuba and the Dominican Republic come from developed countries that have been affected by recession, according to the preliminary 2008 Balance Sheet for economies in Latin America and the Caribbean that was recently published by CEPAL.

The World Tourism Organization (WTO) estimates that in 2008 global tourism growth will be between 2% and 3%, far from the 6.6% last year. In 2009 small growth, between 0% and 2%, is expected.

Tourism started to suffer a strong slowdown between June and August 2008 due to the continued deterioration of ...

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Nicaragua: 2015 Tourism Figures

March 2016

Average daily spending per tourist fell by 13.4% compared to 2014, with average stays registered of 17 days.

From a statement issued by the Central Bank:

The Central Bank of Nicaragua (BCN) has published the annual results of inbound and outbound tourism, corresponding to 2015.

Nicaragua: Veto on Convention Bureau Remains Firm

August 2015

Although the law had been adopted by consensus at the National Assembly, government legislators did not oppose the veto imposed by President Ortega.

An article on Laprensa.com.ni reports that the standard vetoed "... created an autonomous body of public and private nature, called a Convention Bureau to promote the holding of international events in the country, offering logistic conditions, security and hotels in order to welcome hundreds of thousands of tourists. "

Central American Tourism Grows Less Than World Average

February 2014

In 2013 the isthmus received 4.2% more tourists than in 2012, whereas global tourism traffic grew by 5%.

The visible recovery of the tourism industry in Central America is not as strong as in the rest of the world.

In the latest data on the tourism sector in 2013 presented by the World Tourism Organization (UNWTO), Central America appears below the average percentage of worldwide tourism growth, with 4.2%.

It is not a period of crisis, but a time of opportunity

December 2008

The reduction in costs due to the economic crisis has increased the opportunities for investment in the tourism sector.

This is the opinion held by some of the sector's specialists at the 32nd Caribbean-Central American Action (CCAA) Conference which ended last week in Miami.

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