Tourism in Costa Rica: "You Snooze, You Lose ..."

Although it is facing 2015 with optimism, Costa Rica knows that it is facing strong growth in competition from regional neighbors as a tourist destination.

Thursday, January 8, 2015

Costa Rica has begun to lose its comparative advantage which it has held for many years over the rest of the region in attracting tourists. The strong competition from destinations such as Nicaragua and Panama is now creating some difficulties for the tourism industry, in whose view the country is not investing enough in promotion compared to its competitors.

Pablo Heriberto Abarca, executive director of the National Chamber of Tourism, told Crhoy.com that "... We have not been able to think about the important things, we had the National Congress of Tourism and here we made some conclusions. We understand that the government is making adjustments, we expect that from January to May we will make some specific issues more concrete. "

Meanwhile, Gustavo Araya, executive director of the Costa Rican Chamber of Hotels, added "... We have a lot of problems to correct; the electricity issue is key .. " Also, another point to reinforce in this 2015 is "... Funding for tourism and the hotel industry according to the Superintendent of Financial Institutions only 3.5% of the loan portfolio of the country is going to the tourism sector. "



More on this topic

Costa Rica's Inexhaustible Tourism Potential

May 2017

The world market 's hunger for the diversity on offer in Costa Rica augurs a demand that must be matched by greater investment in road infrastructure.

Although local prices are above those paid by tourists in neighboring countries, Costa Rica continues to grow in terms of visitor reception, which in 2016 was about 3 million people. "The Costa Rican Tourism Institute (ICT) confirmed that the country recorded the arrival of 2.9 million foreign visitors in 2016, which is a record number of international arrivals at the national level.

Tourist Events in Costa Rica

January 2015

The postponement of the payment of sales tax on some activities, approval of pending projects and the creation of a Tourism Competitiveness Council are some of the points that entrepreneurs want to prioritize.

Private trade union for tourism has raised at least five actions points it hopes will be addressed no later than next May by the Costa Rican Tourism Institute.

Costa Rica Behind in Tourism Promotion

November 2014

Businessmen are complaining that investments in international promotion amount to less than a third of what Panama spends, resulting in the country losing competitiveness as a destination in the region.

The 2015 budget for investment in official tourism promotion is $18 million, which industry representatives say is not enough if you expect tourism flows to keep up a good pace.

Costa Rica Tourism: Regulatory Commission Does Not Work

September 2014

The Tourism Regulatory Commission has not managed to meet since the month of May, which creates uncertainty and could lead to negative economic implications for the country.

From a statement from CANATUR and the Costa Rican Chamber of Hotels (CCH):

Chambers in tourism sector demand that the Ministry of Economy convene the Tourism Regulatory Commission

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