Guatemala reports 11 percent jump in tourism earnings

Tourism earned Guatemala US$417.7 million in the first four months of this year, an 11 percent increase on the same period of 2007, the Tourism Institute (Inguat) reported.

Monday, May 12, 2008

Tourism earnings in the first four months of last year came to US$371.7 million, Inguat said.

More on this topic

More Tourism in Guatemala in 2014

March 2014

An announcement has been made of a 12% increase in the number of visitors who came to the country in the first two months of the year compared with the same period in 2013.

Tourists coming to the country in January and February generated foreign exchange of $284 million, up from the $256 million which came in during the first two months of 2013.

Slight Recovery in Guatemala Tourism

September 2010

Between January and August 1,283,256 foreign visitors came into the country, equating to 124,550 more than in the same period of 2009.

Regarding foreign exchange, Guillermo Novielli, subdirector of Guatemalan Tourism Institute (Inguat), added that in the first eight months revenue from tourism was $933.4 million, 11.3% up on the same period in 2009.

Tourism Revenues Down in Guatemala

March 2009

In February, earnings from tourism fell by 3.2% when compared to the same period in 2007.

Rosa Maria Bolaños wrote in an article in Prensalibre.com: "The director of Inguat (Guatemalan Tourism Institute,) Roberto Robles, and the tourism industry agreed that at this juncture in the world economic crisis, the country has an opportunity to attract visitors from the US, Canada, South America and Europe, when taking into account that Guatemala is a cheaper destination than other cities or destinations in the world. In 2008, the country had to adjust its projections for growth in tourism income downward from the 10% that it was projected ... to 6%."

Tourism generates $720 million for El Salvador

December 2008

The sector will experience an increase of 5%, three points less than in 2007. For 2009, growth forecasts are more conservative: 2%.

"During the first 11 months up to November, the statistics show that the economic activity increased to $668.5 million, and we estimate that at the end of December it could reach $720 million in earnings," calculated Ruben Rochi, minister of Tourism, who presented the working report of the institution.

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