Tourists in Guatemala Spending Less

The latest tourism survey conducted by the Institute of Tourism shows that average daily spending by tourists went from $104 to $92.

Monday, December 12, 2011

The Tourism Expenditure Survey June 2010 - May 2011, also shows that the length of visitors stays went down from 7.7 days to 6.5.

"Francisco Chaverri, head of research and market analysis at Inguat said that the decline in foreign exchange should be analyzed, while Eladio Loriente, project manager at Araldi, the company that developed the survey along with Sigma-Multivex, said that it could be due to global economic problems, stemming from the crisis in Europe", reported Americaeconomia.com

The highest spending, of about $ 220 a day, is by tourists on business trips and participants of conferences and conventions.



More on this topic

More Tourists Arriving in Guatemala

January 2020

During 2019, tourist arrivals to Guatemala increased 6% over the previous year; however, the average stay decreased slightly, from 6.63 days in 2018 to 6.56 days in 2019.

Figures from the Guatemalan Tourism Institute (INGUAT) show that in 2019 2,559,599 tourists entered the country, a figure 6% higher than the 2,405,902 visitors reported in 2018.

Panama: Fewer Tourists Spend More Money

May 2018

Between the first quarter of 2017 and the same period in 2018, the number of visitors that arrived in the country registered a slight decrease of 1.4%, but the overall expenditure made by them increased by 2.7%.

According to sector's figures, between the first quarter of 2017 and the same period of this year the number of tourists fell from 734,000 to 723,000, and the currencies received registered a slight increase, going from $302 million to $310 million.

Panama: Tourist Spending Slows

November 2017

In the first nine months of the year, tourist spending in the country grew by 2.7% compared to the same period last year, well below the 11% increase registered between 2015 and 2016.

Figures from the Comptroller General of the Republic show that at the end of the third quarter of the year tourists who visited Panama spent $3.499 billion, while in the same period in 2016 theses expenses amounted to $3.407 billion. 

Nicaragua: Tourism Figures - Third Quarter of 2016

November 2016

The average daily expenditure per capita rose by 8.5% compared to the previous quarter, led mainly by increased spending by visitors from Europe.

From the report "Tourism Survey III Quarter 2016" by the Central Bank:

In the third quarter of 2016 in terms of inbound tourism, the average daily expenditure per capita recorded a rise of 8.5 percent compared with the previous quarter, mainly driven by increased spending by visitors from Europe (36.1%). The interannual variation of average expenditure was 18.2 percent. In contrast, the average length of stay recorded a fall of 7.5 percent compared with the previous quarter, impacted by less stays by tourists from Europe (-34.3%) and South America (-15.7%). The annual rate of change of the average length of stay was -7.9 percent.

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