A new trade mission to Germany involving local companies is being coordinated by the German-Nicaraguan Business Club and in September companies from the European country will arrive in Nicaragua.
The German government's initiative intends to further strengthen business and trade relations between the two countries. In 2013 Germany was the fourth largest international purchaser of Nicaraguan products.
The ambassador of the Arab country announced that a delegation of businessmen will be visiting Nicaragua in the next few weeks and will meet with local businesses.
The Ambassador from the State of Kuwait based in Mexico, Sammeh Johar Hayat visited Nicaragua and announced the arrival of a trade mission of businessmen from his country in the coming weeks.
From July Delta Airlines will fly once a day nonstop from Los Angeles to the capital of El Salvador.
The U.S. carrier Delta Airlines will begin operating a new route between San Salvador and Los Angeles on July 2 this year.
A press release issued by the airline indicates that "the route is pending approval by the government and will be operated using a Boeing 737-800 with 160 seats, including 16 Business Class seats, 18 seats in Economy Comfort and 126 seats in Economy. "
The current occupancy rate of 57% can be explained by the increased supply of rooms and the relative decline of San Jose as a business destination.
The increased supply of hotel rooms in the capital is one of the reasons for the low level of occupancy, which as of January stood at 57%. This occurs mainly in hotels that attract business travelers or tourists who spend up to two nights prior to departure.
From 25th to 28th of March companies from the retail sector will visit both countries to explore business opportunities.
On the 25th and 26th of March meetings and seminars between Panamanian and British businesspeople will be held in Panama City.
Subsequently the British delegates will travel to El Salvador where they will have a business lunch and later briefings ending their trip of March 28.
The increasing international mobility of "business travelers" does not have adequate regulation in terms of taxes or migration.
From Deloitte Costa Rica’s Tax Column:
Considerations for business travelers
By: Mr. Diego Padilla Duran
Junior consultant
From 2013, the Directorate General of Immigration will be taking measures for a more efficient implementation of the sanctions provided for in Article 33 of the General Law of Immigration, Law No. 8764. According to these rules, the sum of one hundred dollars in U.S. currency ($ 100) will be charged for each month of illegal stay in the country to people who do not meet the requirements of the law in this area.
With an investment of $16 million, Aloft Hotel has started operations, a business which is counting on the support of business tourists.
The new hotel aims to attract businessmen arriving in Costa Rica to take part in international events or conduct private business.
Aloft Hotel Central America, with 150 rooms and a 175 square meter space dedicated to meeting rooms, offers guests broadband connection in all areas of the building.
In 2012, companies around the world will provide Chinese visitors and clients luxury care, more benefits and personalized services.
China is the new emperor, and companies and governments are courting the Chinese. No wonder the red carpet will extend in all places where Chinese businessmen and politicians set foot. Large stores, airlines, hotels, museums, entire cities, will multiply their efforts to provide more and better services to citizens of China, the new major player in global consumption.
Corporations spend between $3 and $5 billion in travel as an incentive to its best employees.
In the last five years corporate travel tourism, also known as "incentive tourism" has grown at a rate of 10% per year.
Panama wants to capitalize on this growth and is positioning itself as a destination for this type of tourism, attracting the attention of companies that usually follow this practice.
New immigration regulations state which foreigners require visas to enter the country and the length of their stay.
The Department of Immigration of Costa Rica issued on Jan. 14, Regulation DG-3312-2010, which details visitors of which countries require an entry visa and the duration of those visas, according to the nationality of the traveler.
Besides exceptions provided in the general guidelines, foreign nationals require a visa to enter Costa Rica, which is given by the staff of the Department of Immigration at the time of entering the country. In some cases, depending on the nationality of the person, it is also necessary clearance from the Department of Immigration requesting it before Costa Rican immigration officials abroad.
The corporate travel multinational company will open its first Central American call center in January.
Operations are scheduled to start on January 11th, 2010. The company has already hired 30 people, and expects to reach 150 in the next year.
"BCD Travel has 13.000 employees in 90 countries. It operates call centers all around the world: six in the U.S., six in Europe, on in Asia-Pacific and...", reported Nacion.com.
Costa Rica is first in Latin America with an index of 4.60. Panama is at 4.28, Guatemala 4.00, El Salvador 3.90, Honduras 3.78, Nicaragua 3.76.
This cross-country analysis of the drivers of competitiveness in travel and tourism provides useful comparative information for making business decisions and additional value to governments wishing to improve their travel and tourism environments.
The airline announced that it is added 3 flights via Asuncion to the 4 direct flights to Peru, now connecting Montevideo with Lima everyday during the week.
"TACA already flies daily to the Uruguayan capital from Lima and back, providing a flow of commercial and tourism exchange between both countries. The market has been growing significantly and sustainably due to the facility and opportunity that has been provided to business and tourist passengers, who previously did not have access to fly directly to Uruguay. And regarding passengers traveling from Montevideo to Lima, they now have the option of using several routes via TACA's hub in PERU with links throughout the region and the Americas," Nani Garrues, Sales Director at TACA South America, pointed out.
The luxury segment of the hospitality industry has come to grips with the recession by offering steep discounts, hotel credits or a third or fourth night free.
The drop not only in wealthy vacationers, but also corporate travelers, has hit the segment hard.
“We are seeing special offers from luxury properties that have never had them in the past,” Tim MacDonald, president of Classic Vacations, told the International Herald Tribune.