$320 million is the value of investments in hotel projects in the touristic development pole Gulf of Papagayo that have failed to start due to lack of water.
Unable to present a letter of guarantee of water resources, 11 tourism development projects planned for the Gulf of Papagayo in Guanacaste, have failed to start.Lack of water is a problem that has affected the development of the area for years.
A bill being prepared by the hotel union would force platforms such as Airbnb to pay 13% sales tax and an additional 5% for national parks.
The bill is being drafted by the National Chamber of Tourism, which intends to submit it to the Legislative Assembly.If passed, this law would take effect for all platforms used for renting accommodation for tourism purposes, such as Airbnb, Homeaway and others.
Already more than 1000 homes are available to rent through the web platform Airbnb, and most of them are centered around the Pacific coast.
The increasing supply of houses and apartments available for short stays is forcing hotels to change their methods of attracting guests in order to survive.In the case of Nicaragua, where the hotel supply is relatively nascent and not as developed as in other neighboring markets, the efforts that businesses in the tourism sector have to make to compete with Airbnb is even greater.
Hard Rock International announced the new 294 room all-inclusive Hard Rock Hotel Papagayo, which is set to open by early 2019.
From a statement issued by Hard Rock International:
ORLANDO, Fla., Jan. 19, 2017 /PRNewswire/ -- Hard Rock International makes waves today as it announces plans to bring the Hard Rock Hotels experience to Costa Rica with the all-inclusive Hard Rock Hotel Papagayo, Costa Rica. Hard Rock, in collaboration with Sunwing Travel Group, is set to open Costa Rica's first Hard Rock Hotel by early 2019. The brand's strategic partnership with Sunwing Travel Group, the largest tour operator in North America, provides the perfect opportunity for future growth within the region. With Hard Rock and Sunwing Travel Group's shared vision of providing authentic experiences in word-class destinations, this new partnership paves the way for potential collaborations in both the Caribbean and Latin America.
The new law against tax fraud obliges anyone renting houses and flats for less than 30 days to register and pay sales and income taxes.
Services of renting houses, apartments and condominiums for periods less of than one month must pay sales and income taxes, and those who carry out such activities must register as taxpayers of the two taxes, in order to not be subject to fines.
The government has proposed that Airbnb offer its services only in the interior of the country where the supply of hotels is lower and where the legal prohibition of vacation rentals is not in effect.
Authorities at the online rental company met with representatives from the government and the private sector, after a group of tourists were affected by an inspection by the ATP in an apartment which was rented out using the platform.
The company's proposal states that in just two months it could start making tax
payments, putting to the test the responsiveness of bureaucracy against the speed of the real economy.
Airbnb, one of the leading global companies that is taking advantage of the momentum that the technological revolution has provided to the collaborative economy, has now created a housingsupply available for seasonal rental in Costa Rica which is equivalent to 18% of the supply of hotels.
Construction has started of a shopping complex that will include a hotel, a 23-story tower for offices and a shopping center opposite the hotel Sheraton Presidente.
The complex comprises a 23 story tower with a shopping centre, corporate offices, a hotel and parking lot. The development is being run by Bosh Inversiones S.A. de CV, and Elsalvador.com reports that "... it will require an estimated investment of $85 million."
Some hotels are paying up to $120,000 per month for water in Guanacaste, Costa Rica, where the problem with no solution in sight is getting worse.
The problem of lack of water resources is affecting much of the province of Guanacaste, especially in tourist areas such as Playa Panama and Playa Hermosa, where the union of hoteliers in the province has denounced the fact that despite the meetings they have had with representatives of the Institute of Aqueducts and Sewers (AyA) and the government,"... all of the projects that have been proposed have been shelved or moving are very slowly."
I have six building lots in the Punta Leona Resort ready for construction. I am looking for a partner to provide financing and or construction. Wanted partner for financing and/ or construction in the...
Maranco Belize offer fast reliable service, modern equipment, competitive rates, 70 year experience worldwide whether your needs are for farming, industrial, private house lots, community projects. We have drilled successful water wells producing fresh...
Live at the beach in the exclusive Punta Leona Resort, a dream with shaded white sand beach, pools, restaurants, wild life. New affordable, energy efficient home. The house - possibly the only energy efficient green...
The hotel is immersed in 45 hectares of primary and secondary forest , at the foot of the majestic Arenal Volcano , which makes it a true oasis of peace, enriched by an exuberant vegetation and diverse fauna. Montaña de Fuego has become one of the most beautiful hotels in the area, with one of the most privileged panoramic views of the Arenal Volcano.
Operates in Costa Rica, Honduras and Panama
Phone: (506) 2479 1220 - (506) 2479 1220
We are one of the best luxury hotels in San Jose, we have five-stars for business or pleasure travel.
Operates in Panama, Nicaragua, Honduras, Guatemala, El Salvador and Costa Rica
Phone: (506) 2523 1266 - (506) 8378 1266