Costa Rica: Hotel Occupancy Does Not Meet Expectations

The hotel industry ended the year with an occupancy rate of 65.5% in December, below expectations of 70%.

Monday, January 14, 2013

According to a survey conducted by the Costa Rican Chamber of Hotels, the low occupancy rate was recorded both at the beach hotels as well as mountain resorts.

"As usual, the most sought after hotels are on the beach. Occupation in this sector was 84%, although in 2011 it reached 97%.

As for the mountain rooms, 70% were occupied, a percentage which is lower than the 79% in 2011.

Expectations by the National Chamber of Tourism (Canatur) were higher, as they expected 80% of the rooms to be full, but measurements have not yet been taken to see if forecasts were reached", reported Elfinancierocr.com.



More on this topic

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.

Costa Rica: Hotel Occupancy reached 72% in December

January 2014

Beach hotels recorded the highest occupancy of 74.1%, local mountain hotels had 70.24% and those in the city had an occupancy of 69.23%.

Although the expectation of 78% occupancy projected by the National Chamber of Tourism (CANATUR) was not reached, it was the highest average level in the last four years.

Bad Season for Hotels in Costa Rica

September 2013

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

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.

Costa Rica: Less Hotel Occupancy in December

February 2013

Just two hotel groups showed an increase in December, with a variation of 0.8% in hotels with 51-100 rooms and 6.6% in those with more than 100 rooms.

From the Hotel Occupancy Survey by the Costa Rican Chamber of Hotels:

December occupancy was lower than expected

During December the annual change in hotel occupancy showed a negative change although less than the previous months, which was -2.2 pp, with the monthly average dropping to 59.9%.

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