$33 Million for the Nicaraguan Touristic Sector

Foreign and local business executives will invest such amount in the construction and renovation of hotels and other tourist projects, reported Intur.

Thursday, February 19, 2009

Terra.com reports: "One of the projects is the expansion of the hotel Pacific Turtle Resort & Spa, located in the seaside resort of San Juan del Sur in the Nicaraguan Pacific, where the investment will be $17 million.

´In the municipality of Tola, in the Rivas province (south), the hotel tourist project "Water Resort and Spa" will be built, for which the investment will be $4 million, ´ he added."

More on this topic

Nicaragua: $32 million for the Hotel Industry

October 2014

Between January and September, the Nicaraguan Tourism Board approved eleven new hotel investment projects that will add 248 new rooms to the market.

The Nicaraguan Institute of Tourism (Intur) reported that the approved investment amounts to $32 million for hotels in various municipalities, including the Caribbean zone.

Residential Project in the Honduran Caribbean

March 2012

The Trujillo Beach Eco-Development has been announced, with an investment of $50 million in an 600 hectare area which will feature residences for Canadian and Israeli citizens, in the form of condominiums and a hotel.

To date 40% of the total planned cost has been invested, which is $50 million.

Costa Rica: New Investment in Hotel Sector

May 2011

About $300 million will be invested in new tourism developments around the country.

The northern part of Costa Rica, one of the most visited by foreign tourists, is destined to have three new hotel projects which have short term development plans.

One of them is Dreams Las Mareas Resort, initially valued at $125 million, to be located on a 1,500 hectare property in La Cruz, Guanacaste.

Tourist project moves forward in Bahía de Tela, Honduras

July 2008

Works projects are about 15 percent completed on the tourist development of Bahía de Tela, on the Caribbean coast of Honduras.

So far the project managers have spent about five million dollars (98 million lempiras) on the mixed public-private project. Total cost is estimated to be 133 million dollars.

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