Tourism, Business and the New Commercial Reality

The sharp drop expected in the income of the tourism industry in Central America will be partially explained by the decline in hotel activity and tourist marinas.

Tuesday, April 7, 2020

The "Information System for the Impact Analysis of Covid-19 on Business", developed by the Trade Intelligence Unit of CentralAmericaData, measures the impact that the crisis will have on companies according to their sector or economic activity, considering various scenarios for the coming months.

It is expected that the impact of the covid-19 crisis on the tourism sector in Central America will be severe, a situation that would be explained to a greater extent by the expected drop in hotel occupancy with other integrated services.

If the quarantine and mobility restriction measures are extended by two months, it is expected that the income of the tourist Marinas will be considerably reduced. Sales of scheduled air transport services on foreign lines are another activity that will register a considerable drop, in this context of health crisis.

According to forecasts, the impact on the Tourism sector will be severe in this context of health alert and restriction of mobility of people. A similar situation awaits businesses in the Entertainment sector.

Do you need to measure what the new commercial reality of your business will be after the health crisis?

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