Income from Tourism Up 7%

Greater air connectivity is one of the factors that explains the increase in income generated from tourism activities in the first quarter in Costa Rica, when $1.182 billion was reported.

Tuesday, July 3, 2018

The travel category, in the exports section of the Balance of Payments, is composed mostly of the expense of foreigners who arrive for holiday trips, and the increase reported in the first quarter, which is the high season, is attributed to good promotion of the country and better air connectivity.

See "More seasonal flights between Costa Rica and the US"

Javier Pacheco, vice president of the Chamber of Tourism, told that " ... it is not surprising that foreign exchange earnings are growing, because the country has had very good international promotion and attraction of airlines."

See also "Increased seasonal flights between Canada and Liberia"

Pacheco added that " ...'We have more airlines and more flights that have come from North America and mainly the European market has been growing a lot, therefore we see the Central Bank's figure of 7% as positive for the sector and for the country in general.'"

See figures of the Balance of Payments. (In Spanish)

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