Tourism and the Coronavirus threat

A drop in the flow of tourists to the region, cancellation of reservations and the suspension of flights are part of the expected consequences of the spread of the virus worldwide.

Wednesday, March 4, 2020

According to the report prepared by the Central Bank of Costa Rica called "Commentary on the national economy for February 2020", derived from the outbreak of pneumonia caused by SARS-CoV-2 virus (coronavirus) is expected to report a negative impact on the influx of tourists to the country.

You may be interested in "Tourism and Travel: Consumer Interests and Preferences"

In the Dominican Republic, the government suspended flights between Italy and the Caribbean country on Feb. 28, because the European nation is the second largest exporter of the coronavirus.

Four flights per week are operated between Italy and the Dominican Republic, and it is estimated that around 8,000 Italian tourists arrive in the Caribbean country each month.

Also see "Coronavirus: What are the Impacts for the Region?"

Panama is another country that has lost part of its air connections, since at the beginning of February it was reported that Air China had decided to suspend for one month its only flight between Panama and China, which makes a technical stopover in Houston, USA, arguing that this is due to measures to stop the spread of the Coronavirus.

Panamanian authorities have met with local businessmen to address the issue. At a meeting on March 3, the president of the Panama Chamber of Tourism (Camtur), Ernesto Orillac, said that "... The tourism sector is aware of what is happening worldwide with the virus, which in reality does not have such a large impact. However, what is worrying is the rapid way in which this virus is spreading."

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More on this topic

Avianca Declares Bankruptcy

May 2020

The Colombian-born airline, which operates in all Central American countries, voluntarily filed for bankruptcy in the United States following the company's economic losses due to the spread of covid-19 globally.

This process was necessary due to the unpredictable impact of the covid-19 pandemic, which has caused a 90% decrease in global passenger traffic and is expected to reduce industry revenues worldwide by US$314 billion, according to the International Air Transport Association (IATA), the company reported.

Tourism in Danger by Covid-19

March 2020

One of the most relevant sectors for the Costa Rican economy is declared in "Total Emergency and State of Calamity", as it is the first time in the "zero" season that total income ceases.

The Board of Directors of the Costa Rican Tourism Institute (ICT) stated that all State institutions, Powers of the Republic, Autonomous and Semi-Autonomous Institutions, as well as Municipalities throughout the country, are required to collaborate in the broadest and most expeditious manner within the framework that the serious reality demands, in order to alleviate the situation of the Private Tourism Sector.

Coronavirus and Tourism in Central America

March 2020

Some of the most notable effects caused by the spread of covid-19 is the cancellation of at least 8,000 hotel nights in Costa Rica, and the interruption by Iberia of its flights from Madrid to Guatemala and San Salvador.

Businessmen in the region agree that due to the virus that has been spreading from China, supply chains have been interrupted, which is combined with a drop in the transit of people, causing losses to the tourism sector.

Coronavirus: What are the Impacts for the Region?

February 2020

Business people in Central America agree that because of the virus that has been spreading from China, global supply chains have been disrupted and commodity prices have fallen.

An analysis by the Guatemalan exporters' union states that among the risks identified as a result of the outbreak of the coronavirus (a highly contagious disease that emerged in the city of Wuhan, in central China), is the possible irruption to the supply chains of Guatemalan industries, by identifying that China has become one of the 3 main countries of origin of Guatemalan imports.

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