Fall in Hotel Construction in Costa RicaIn 2013 the number of building permits requested for hotel establishments across the country dropped by 62% compared to 2012.Friday, February 28, 2014
The number of square meters authorized in the last 12 months between February 2013 and January 2014 fell to 47,515 m2 compared with the 126,036 m2 in the previous period, according to the Costa Rican Chamber of Construction. Source: Nacion.com ¿Busca soluciones de inteligencia comercial para su empresa?Construction Sector Begins to RecoverJanuary 2019 After the 13% drop registered between 2016 and 2017 in the square meters of buildings processed, between 2017 and last year, there was a slight increase of 2%. Costa Rica: Construction Figures up to June 2015August 2015 The amount of square metres of construction in applications for permits up to June 2015 decreased by 7% compared to the same period in 2014, with office buildings and industry leading the decline, with negative rates of 22% and 10%, respectively.
Bad Season for Hotels in Costa RicaSeptember 2013 In September and October hoteliers reduce or close their operations due to the low levels of occupancy recorded at this time of year. Hotel Supply in Costa Rica Keeps GrowingFebruary 2013 Although building permits for hotels fell slightly during 2012, development projects will add more than 1,300 rooms over the next two years.
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