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 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."

Do you need more information about your business sector?

Request more information:

this site is protected by reCAPTCHA and Google's privacy policy and terms of service.
Need assistance? Contact us
(506) 4001-6423

More on this topic

Coronavirus Event Cancellation

March 2020

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.

The ticketing companies or platforms for selling tickets must provide the entities that act as acquirers in transactions or purchases made by credit or debit cards, all the information required for the effective identification of the transactions corresponding to the cancelled event, immediately, explains an official statement.

Million-dollar Losses for Tourism

February 2019

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

September 2018

Arguing that the basic principles of public procurement were not complied with, in Panama the contract between the State and the company Petaquilla Minera has been declared unconstitutional.

The legal dispute began in 2009, when the Environmental Advocacy Center (CIAM) filed an unconstitutionality appeal against the contract that grants a twenty year concession to Cerro Petaquilla to exploit and sell gold, copper and other mineral resources.

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%.

 close (x)

Receive more news about Tourism

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones

Looking for Importers and distributors of furniture

Mexican manufacturer of office furniture seeks importers and distributors interested in dealing their products in Central America.
PM Steele is a 100% Mexican company, with more than 67...

Stock Indexes

(Apr 6)
Dow Jones
S&P 500


(Mar 1)
Brent Crude Oil
Coffee "C"