Nicaragua and Tourism in 2018

The union of tourism entrepreneurs estimates that the country will receive 1.9 million tourists, and they expect the activity to generate close to $830 million.

Friday, January 12, 2018

Combining efforts on promotion and marketing in order to attract more tourists from South American countries is one of the goals proposed by the National Chamber of Tourism (Canatur). Figures from the trade union indicate that the average daily expenditure of South American tourists exceeds the general average.

See: "Tourists Stay Longer in Nicaragua"

Lucy Valenti, president of Canatur, explained to that "... The US market is a priority for us because of the impact it has on the economy ....  But ... tourists from South America spend US $62.1 per day, above the general average'."

"... The president of Canatur pointed out that US tourists represent 25% of the total number of people who stayed overnight in Nicaragua, and spent an average of US $76.8, more than half of the general average, which up until June 2017 was US $45.6. On the other hand, European tourists spent US $47 on average per day, while Central American tourists spent US $27 per day. 
Valenti hopes that with the connection between Managua and Madrid, with the Iberia flight, there will be an increase in the arrival of higher spending tourists."

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More on this topic

Nicaragua: Daily Expenditure of Tourists Up 8%

March 2017

In 2016 the average duration of tourist visits was 9% higher than in 2015, and daily spending grew by 8% compared to the previous year.

From a report by the Central Bank of Nicaragua:

The Central Bank of Nicaragua (BCN) published on March 21, 2017, its Annual Report, with the main indicators from the 2016 Tourism Survey.

Tourism Growing in Nicaragua

November 2016

Projections are that 2016 will close with a growth of 6% compared to 2015 in terms of the number of tourists visiting the country.

In 2015 the country received 1.4 million tourists, and for 2016, the National Chamber of Tourism forecasts growth of 6%, and an increase in the income generated by the activity, which in 2015 totaled $528 million.

Nicaragua: Average Stay of Tourists Increases 18%

March 2015

At the end of the fourth quarter of 2014 the average stay increased from 6.9 to 8.2 days from the previous quarter, but the average daily expenditure remained at $43.

The average stay for a tourist from South America is 8.6 days, while tourists from other regions reported 13.9 days on average. The average daily tourist expenditure during 2014 was $43.40, only $0.90 more than the amount reported in 2013.

Tourism Numbers in El Salvador

October 2014

Between January and July 2014 the number of tourists who came into the country increased by 4.7% compared to the same period in 2013, and they spent on average $108.6 per day, which is 3% more.

From a statement issued by the Ministry of Tourism of El Salvador:

The main tourism indicators (employment, income, daily expenses, lodging, number of visitors) reported significant growth in the first seven months of the year, confirming the strength of the tourism industry in the Salvadoran economy. The indicator for job creation in tourism in the month of June 2014 shows an increase of 5.93% compared to the same month in 2013, with more than 48,893 versus the 46,154 jobs recorded in 2013.

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