Optimism for Tourism in El Salvador

It is estimated that the year will close with a 12% increase in the foreign exchange generated by the sector, and the number of tourists who arrived in the country will increase by 13%.

Wednesday, December 19, 2018

According to the Ministry of Tourism (Mitur), the foreign exchange generated in 2018 will reach $1.417 million, 12.7% more than what was reported in 2017. In the case of the number of visitors, at the end of the year it is estimated that the figure will reach 2,532,033, almost 13% more than the previous period.

Elmundo.sv reports that "... domestic tourism will contribute $274.92 million to the economy this year, a 23.2% annual growth. Mitur calculations indicate that Salvadorans will have made this year 12.12 million trips to the interior of the country, 10.5% more than in 2017."

The article adds that "... Only during the Christmas season, tourism could generate $75.5 million, Mitur said yesterday. The ministry forecasts that the country will receive 107,036 international visitors between December the 22nd and January the 2nd, 2019."

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More on this topic

Optimism for Tourism in 2019

February 2019

During 2018, tourist arrivals to Guatemala reached 2.4 million and the year-on-year increase was 14%. By 2019, the number of visitors is expected to rise to 2.6 million, representing a 10% increase.

According to figures from the Guatemalan Institute of Tourism (INGUAT), it is estimated that between 2018 and 2019, foreign exchange income in the sector will register a 2% increase, going from $1.231 million to $1.249 million.

Tourism in Central America Loses Strength

January 2019

In 2018, the number of international tourists who arrived in the countries of the region fell 2% compared to 2017, in contrast to the increases of 4% and 3% recorded in North and South America, respectively.

According to the report of the World Tourism Organization (WTO) presented on January 21, the results recorded last year in Central America are partly because of behavior in some countries, as in the cases of Panama and Nicaragua were recorded declines in tourism.

Tourism: Optimistic Outlook for 2019

January 2019

After reporting a 16% year-on-year increase in revenues generated by this sector in El Salvador in 2018, a 13% growth is expected for this year.

According to authorities of the Ministry of Tourism (MITUR) for this year is expected that more than 2.6 million tourists visit El Salvador, representing a 6.2% increase over what was reported in 2018.

El Salvador: Tourism Has Record Figures in 2017

January 2018

International tourist activity generated $1.48 billion, 7% more than in 2016, when the income generated amounted to $1.183 billion.

From a statement issued by the Ministry of Tourism:

The Minister of Tourism Lic. José Napoleón Duarte Durán announced a historical growth of 9.5% in 2017 in the arrival of international visitors, the highest figure in the last 35 years.

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