Million-dollar Losses for TourismBecause of the crisis affecting the country since April last year, it is estimated that during 2018 the losses of the Nicaraguan tourism sector totaled $440 million, and more than 62 thousand jobs disappeared.Friday, February 8, 2019
The arrival of tourists to the country is another figure reporting a considerable decline last year, since between 2017 and 2018 the number of visitors who came to Nicaragua fell 55%, going from 1.7 million to 800 thousand. Source: elnuevodiario.com.ni Do you need more information about your business sector?Request more information: Need assistance? Contact us
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Nicaragua: Tourism Revenues Go Down 56%July 2019 During the first quarter of 2019, tourism revenues totaled $113 million, 56% less than reported in the same period of 2018, because of the crisis that the country has been going through for more than a year. Nicaragua: Tourism Fails to ReboundOctober 2018 The sector's guild reported that 24 charter flights scheduled to arrive in the country from Canada were cancelled between December and February 2019. Crisis Overwhelms TourismSeptember 2018 The union has reported that five months after the outbreak of the social and political crisis in Nicaragua, the country has lost about 68,000 of the 120,000 jobs generated by the sector. Nicaragua and Losses in the Tourism SectorApril 2018 Due to the crisis affecting the country, the tourist sector union estimates that hotels, hostels and restaurants are facing losses of around $100 million.
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