Bad Season for Hotels in Costa Rica

In September and October hoteliers reduce or close their operations due to the low levels of occupancy recorded at this time of year.

Wednesday, September 18, 2013

Many of these companies send their employees on training courses or terminate their contracts as occupancy levels in these two months are at the lowest of the year. "... The situation is even more difficult, as it is estimated that the average occupancy will fall to 35%, and less than 30% in many cases," reported Nacion.com.

"Some hotels expect to tell us that they had 30% or 40% occupancy rates in September and October, with some projections even being less than 30%, says Flora Ayub, executive director of the Costa Rican Chamber of Hotels (CCH).

Meanwhile, Isabel Vargas, president of the National Chamber of Tourism (Canatur), explained that while the occupation levels at the close of 2011 were 42.2%, in 2012 they dropped to 35.8% and they are expected to be lower this year.

Some businesses are temporarily closing and planning to reopen in December which is when the high season starts.



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Hotels: Rates in Costa Rica Fall 25%

May 2020

Because of the restriction measures decreed in the country due to the covid-19 outbreak, between March and April of this year the average hotel rate for two people decreased from $160 to $120.

According to the "Monetary Policy Report" prepared by the Central Bank of Costa Rica (BCCR), in the face of the health crisis, hotel occupancy in the country has plummeted in the first four months of the year, from 90% in January to 15% in April.

Hotel Occupancy Rates Dip

July 2018

The hoteliers union of Costa Rica reported that the occupancy level in the mid-year holidays of 2018 is 65%, 3% less than the average figure reported in the same period in 2017.

According to a survey carried out on June 29 by the Costa Rican Chamber of Hotels (CCH), in which 80 accommodation centers were consulted, between the mid-year vacations of 2017 and this year, the average occupancy rate fell from 68% to 65%. 

Bed & Breadfast Crisis in Costa Rica

August 2013

At least 10% of small B & B type hotels in Costa Rica are no longer active.

It has been estimated that in San Jose alone 10 hotels have closed their doors, however, it is not known how many of these types of establishments are operating in the country. "The information comes from knowledge held by private sector authorities, including the National Network of Small Hotels of Costa Rica (Renaph) and the Costa Rican Chamber of Hotels (CCH), through which it can be inferred that they have been affected by the economic situation," reported Elfinancierocr.com.