Costa Rica: Hotel Investments in 2017This year 11 new hotels are expected to open, adding 696 more rooms in different parts of the country, with an estimated investment of $149 million.Tuesday, January 31, 2017
Details from the Costa Rican Tourism Institute (ICT) show that there are 11 establishments in the process of completing paperwork with the entity to declare themselves of tourist interest. Source: Nacion.com Are you interested in construction projects in Central America? Receive information about our monthly report including a complete list of all the major and most important construction projects seeking government authorization. Request more information: Need assistance? Contact us
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Hotel Market Statistics in Costa RicaFebruary 2016 Up to December 2015 2.559 hotels with 47,452 rooms were registered in the country, of which 70% are located in the city and at the beach. More Boutique Hotels in Costa RicaMarch 2015 Seven new establishments with high quality personalized service will add 291 rooms to the hotel inventory with its opening in tourist areas and in the capital. Hotel Profits Down 20% in PanamaJune 2014 Although the number of tourists coming to Panama City continues to grow, there is still an oversupply of rooms, and in the last 3 years average occupancy has fallen by 10%. Panama: Hotel investment Moves From Capital To Interior of CountryMay 2014 Tax incentives for the construction of hotels in the interior of the country are behind the increase in the number of operating permits issued since the implementation of the law in 2012.
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