Sport Fishing: Business in Costa Rica

About 153,000 visitors annually come to the country to fish for recreational purposes, and the activity generates a chain of business of about $500 million annually.

Friday, June 28, 2019

According to a study conducted by the Costa Rican Fishing Federation (Fecop), most of the income reported in the country by sport and tourist fishing derives from the arrival of tourists interested in the activity, who generate annual revenues of $460 million.

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When analyzing the income generated by tourists who come to practice fishing, it is estimated that they spend $210 million in accommodation services, $201 million in transportation and $48 million in other expenses associated with the activity.

Alberto Lopez, general manager of the Costa Rican Tourism Institute (ICT), explained to Nacion.com that "... we could affirm the growth of activity in the country, because of the presence of quality infrastructure evidenced by the marinas and tourist berths. Without leaving aside the richness of the marine resource that Costa Rica has had."

Also see "Central America: $766 million in Tourism Projects

López added that the "... user of the marinas or yachtsmen, are tourists with a high purchasing power who spend in the country sums greater than the average and stay in the country longer and repeat their visit."

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A Bet on Marinas and Tourist Piers

July 2017

In Nicaragua, a law is being prepared to facilitate concessions for the development of marinas, piers and yacht clubs, with the aim of encouraging tourist activities such as sport fishing.

The bill is an initiative by private sector entrepreneurs, who want to attract foreign investment to develop tourist activities that are centered around marinas, such as sport fishing. 

Costa Rica: World Fishing Competition Encourages Tourism

April 2015

From April 12th to 17th 316 participants from 27 countries will be competing in the World Fishing Championship to be held in Quepos, Puntarenas.

From a statement issued by the Costa Rican Tourism Institute (ICT):

Costa Rica to host the World Fishing Championship 2015

* Tournament will be held from 12 to 17 April in Marina Pez Vela, Quepos.

Promoting Sport Fishing in Guatemala

June 2014

Through an initiative of the Guatemalan Tourism Institute development of sport fishing in the Pacific will be encouraged.  

With the creation of the National Commission for the Protection of the Sailfish, the authorities intend to promote the growth of sportfishing tourism in the country, a sector that has been gaining greater prominence in recent years in countries such as Guatemala,Costa Rica and Panama.

Tourism: Few Marinas Functioning in Costa Rica

September 2013

Only three tourist marinas are operating, while several projects are stuck in bureaucratic processes, opposition from environmentalists, and consequent difficulties of financing.  

An article in Elfinancierocr.com reviews several stories of failed projects for the development of marinas designed to take advantage of the country's reputation as a destination for sea, beach, and fishing tourism.

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