Increase in Hotel Supply

In the last decade, the number of hotel rooms in Costa Rica has increased at a 4% average annual rate, and in 2018 Guanacaste was the area that concentrated a quarter of the hotel offer, monopolizing about 26% of the total.

Tuesday, September 17, 2019

Figures from the Costa Rican Tourism Institute (ICT) detail that between 2008 and 2018 the number of rooms dedicated to lodging increased by 15,474, from 41,759 to 57,233.

Guanacaste in 2018 accounted for 26% of the total number of rooms, followed by the Central Valley area with 23% and Puntarenas with 11%.

You may be interested in "Tourism and Travel: Consumer Interests and Preferences

In the case of the number of establishments dedicated to the hosting service, this data went from 2,599 in 2008 to 3,748 by 2018, which represents a 40% increase for the decade in question.

Javier Pacheco, president of the Costa Rican Chamber of Hotels (CCH), told Nacion.com that "... Costa Rica has even more room to grow in the supply of rooms for tourism."

Pacheco added that "... this amount of space is not enough for the expected increase in tourist arrivals because of the country's promotion by the ICT in coordination with businessmen and, especially given the policies to attract more airlines to Costa Rica, on the one hand, and take the existing ones to increase the number of flights, on the other hand."

See full ICT figures.

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Tourism in Costa Rica: Lights and Shadows

March 2019

Although between 2017 and 2018 the average spending of tourists in Costa Rica fell 14%, businessmen estimate that the country has the capacity to absorb more demand.

Figures from the Costa Rican Tourism Institute (ICT) specify that in the last two years the average expenditure made by tourists who arrive in the country decreased by $226, going from $1,561 in 2017 to $1,335 in 2018, and the stay per person remains around 12 nights.

Costa Rica: Hotel Investments in 2017

January 2017

This 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.

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.

Hotel Market Statistics in Costa Rica

February 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.

Market figures have not yet reached the levels recorded before the crisis of 2008, when the Costa Rican Chamber of Hotels counted 2,599 hotels in operation, spread across different areas of the country, but are instead concentrated in the large metropolitan area and coastal areas.

Hotel Supply in Costa Rica Keeps Growing

February 2013

Although building permits for hotels fell slightly during 2012, development projects will add more than 1,300 rooms over the next two years.

Nacion.com reports that "Seven projects under construction will extend the national supply of hotel rooms by 1309, with the openings planned between this December and November 2014."

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