Convention Tourism Figures

It is estimated that more than a thousand events of all kinds are held annually in El Salvador, generating an economic output of around $100 million.

Thursday, April 4, 2019

In 2018, five fairs and more than 1,063 private events of all kinds were held just at the Centro de Ferias y Convenciones (Cifco), for which the center budgeted around $11 million for activities.

Marta Cecibel Lau, the president of Cifco, told that "... fairs and events have the power to boost the economy by about $100 million annually for the country, through a little more than 1,000 events, including congresses, conventions, concerts and more."

The article reviews that "... It has also been proven that a businessman who attends a convention spends three times more than the average tourist spends, per day. Figures from the Ministry of Tourism detail that an average visitor spends about $123.08 per day, while a businessman who attends a convention, will invest just over $300."

Lau estimates that by 2019 Cifco will increase its revenues by about 15%, compared to last year.

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More on this topic

$24 Million to Build Hotel

July 2017

The International Center of Fairs and Conventions in El Salvador is looking for investors to finance construction of a four-star hotel in its facilities.

According to the president of the International Center of Fairs and Conventions (CIFCO), Cecibel Lau, meetings have already been held with three groups of international investors who may be interested in developing the hotel, including businessmen from Taiwan.

Guatemalan Companies in Convention Tourism Fair

November 2014

A trip is being prepared for businesses from the tourism sector to a trade show in Spain in order to encourage convention and business tourism.

Guatemalan tourism businesses will be taking part in the leading international fair in the field of Meetings, Incentives, Conferences, Exhibitions (MICE), which will be held from 18 to 20 November in Barcelona, ​​Spain.

The Competition for Convention Tourism

May 2012

The countries of the region are compete for organizing events and conferences whose participants spend on average $1,200 per day.

Panama, Colombia and Costa Rica are building new convention centers to be opened in 2014, a major effort that aims to achieve a good slice of the cake that is convention tourism.

El Salvador Bets on Convention Tourism

February 2009

The government prioritizes making the International Fair and Conventions Center into a first-class hub for the Central American region.

Carmen Molina writes in "The Minister of Tourism and the president of the organization, Rubén Rochi, said yesterday that they are in the process of awarding the bid to a consultant who can help Cifco create the 'most appropriate business model' to achieve this goal.

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