In a context of falling production, the restaurant La Marseillaise, which operated in the country's capital, announced that it will temporarily close its facilities.
The French foodrestaurant, which had a capacity to serve 150 people and had been operating in Managua for more than four decades, made its closure official in a brief statement.
During the first quarter of 2019, tourism revenues totaled $113 million, 56% less than reported in the same period of 2018, because of the crisis that the country has been going through for more than a year.
According to figures from the Central Bank of Nicaragua (BCN), between the first quarter of 2018 and the same period of 2019, tourismrevenues decreased by $143 million, from $256 million to $113 million.
The political crisis that has been going on for more than a year has led wholesale travel agencies to remove the country from their portfolio of tourist destinations because of insecurity.
Claudia Aguirre, president of the Nicaraguan Association of Receptive Tourism (Antur), explained to Elnuevodiario.com.ni that "... 2019 is proving to be a difficult year, as the crisis that began in April last year is impacting current activities and the outlook is bleak for the coming months."
Because of the crisis affecting the country since April last year, it is estimated that during 2018 the losses of the Nicaraguan tourism sector totaled $440 million, and more than 62 thousand jobs disappeared.
The arrival of tourists to the country is another figure reporting a considerable decline last year, since between 2017 and 2018 the number of visitors who came to Nicaragua fell 55%, going from 1.7 million to 800 thousand.
The sector's guild reported that 24 charter flights scheduled to arrive in the country from Canada were cancelled between December and February 2019.
The representatives of the National Chamber of Tourism of Nicaragua (Canatur) confirmed that with the cancellation of flights, will stop arriving between 2,000 and 3,000 tourists.
The union has reported that five months after the outbreak of the social and political crisis in Nicaragua, the country has lost about 68,000 of the 120,000 jobs generated by the sector.
The National Chamber of Tourism (Canatur) presented a report highlighting the impact of the country's social and political crisis on the tourism sector.
Due to the political crisis that has been going on in the country for almost four months, the airlines American Airlines, Delta, United and Spirit, have decided to reduce the number of flights to Managua.
In May, 34,400 foreign tourists arrived in the country by air, almost 40% less than in the same month last year.
The political and social crisis that the country is experiencing continues to cause havoc in the Nicaraguan economy, with tourism being one of the most affected sectors.According to statistics from the National Chamber of Tourism of Nicaragua (Canatur), in April, the month in which the crisis began, there was a year-on-year decrease of 16% in the number of visitors that entered by air, falling from 60,116 to 50,450.
Due to the crisis affecting the country, the tourist sector union estimates that hotels, hostels and restaurants are facing losses of around $100 million.
As a result of the social crisis that the country has been suffering from for two weeks, representatives from the National Chamber of Tourism of Nicaragua (Canatur), reported that for the next few days hotel reservations have been canceled almost in their entirety, while restaurants are working at 15% capacity.