Costa Rica Hotels Reduce Rates

The low occupancy rate has led the hospitality industry to set discount rates and special promotions.

Thursday, June 4, 2009

Promotions such as 50% off on accommodation rates, all inclusive packages, and lower prices are among some of the offers available.

Mercedes Agüero wrote in Nacion.com: "Low occupancy has also led to a revision of the target market in some hotels. This is how accommodations, which until recently were designated for use exclusively by foreign tourists, have products for the local market now.”

More on this topic

Tough Competition for Hotels in Panama

September 2015

Lack of international promotion is the cause indicated by entrepreneurs of the fall in the average rate in the capital, which has dropped by 40% in the past five years.

The union says the problem of oversupply of rooms in the country began to get worse in 2012, when the international tourism promotion agreement which the government signed with an advertising agency ended.They argue that "...While Panama disappeared from international markets, other countries such as Costa Rica, Mexico, Ecuador and the Dominican Republic increased their spending on advertising. "

Hotel Price War Continues in Panama

March 2015

While occupancy rates and average prices continue to fall, the Panamanian hotel market is preparing to increase its supply by another 1,200 rooms at the end of the year.

The Panamanian Association of Hotels (Apatel) reports that in recent years there has been a 209% increase in the number of rooms available in the country, in contrast to demand which has only grown by 5% annually.

The Problems For Tourism in Guatemala

July 2013

A survey of 355 tourism companies and hotels points to the cost of power and insecurity as the main obstacles for the tourism sector.

Hotel occupancy in 2012 was 52%, down 3% compared to the figures reported in 2011. The survey conducted by the Association for Research and Social Studies (ASIES) reveals that 71% of operators did not have their expectations met last year regarding the number of tourists expected for Oxlajuj Baktun.

Hotel Rate War in Panama?

September 2012

In 2014 the number of hotel rooms in Panama on offer will exceed 17,000, for which an inevitable price war is foreseen.

The other problem revealed to entrepreneurs is the lack of skilled labor to service clients in sophisticated environments where mastering a second languages is essential.

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