Nicaragua: Tourism Fails to Rebound

The sector's guild reported that 24 charter flights scheduled to arrive in the country from Canada were cancelled between December and February 2019.

Tuesday, October 23, 2018

The representatives of the National Chamber of Tourism of Nicaragua (Canatur) confirmed that with the cancellation of flights, will stop arriving between 2,000 and 3,000 tourists.

In this regard, the president of Canatur, Lucy Valenti, explained to Laprensa.com.ni that "... During their stay in Nicaragua these tourists took between 1,800 and 2,800 tours to eight different destinations and injected into the economy an average of 2.5 million dollars, which were distributed among more than fifty companies and more than three hundred employees."

According to Canatur data, Canadian tourists stayed in the country for seven to fourteen days.

The article notes that "... This week the head of the Ministry of Finance and Public Credit, Ivan Acosta, said that losses due to the crisis in revenue from the sector (tourism) reach 231 million dollars."

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In Costa Rica, the authorities reported that following the outbreak of covid-19 in the country, the measure prohibiting any activity of massive concentration of people remains in force and that companies organizing public shows have the obligation to return the money to consumers.

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Million-dollar Losses for Tourism

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Because 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.

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.

Judicial Ruling Against Mining Company

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Tourism: Nicaragua Disappears from Radar

July 2018

Tour operators report the cancellation of almost 100% of the reserves for this year, and foresee that this situation will extend until 2019.

The crisis in which the country has been submerged since April 14 has brought a lot of negative consequences to the tourism sector. One of them is the one presented by representatives of the Nicaraguan Association of Receptive Tourism (Antur), since tour operators are registering cancellation levels of between 90% and 100%.

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