In order to attract tourism from Costa Rica, in the Panamanian province of Chiriqui, investments have been made in the construction of new shopping centers and the expansion of some existing ones.
In addition to plans to modernize the border crossings between the two countries, whose works will favor the transit of tourism, businessmen estimate that in the construction and renovation of shopping centers, Chiriqui has hoarded investments in excess of $500 million.
In the 2019 Travel and Tourism Competitiveness Index, Costa Rica, Panama, Honduras, El Salvador and Guatemala fell back in the ranking, while the Dominican Republic was the only country that improved.
According to the report prepared by the World Economic Forum, during 2019 Costa Rica ranked 41 out of 140 countries. It was followed by Panama at box 47, the Dominican Republic at 73, Nicaragua at 91, Honduras at 94, Guatemala at 99 and El Salvador at 108.
An apartment building in Guatemala, an educational center in Panama and a tourist complex in Costa Rica, are part of the projects that are planned to be developed in the coming months in the region.
The interactive system "Construction in Central America", compiled by the Business Intelligence Unit at CentralAmericaData, includes an up to date list of public and private construction projects that are planned to be built soon.
From May 9 to 10 in Costa Rica Expotur 2019 will be held at the National Convention Center, which will bring together 230 international buyers from the tourism sector from 35 countries.
Erasmo Rojas, president of the Costa Rican Association of Tourism Professionals (Acoprot), explained to Nacion.com that "... The activity consists of two days of negotiations and alliances that allow revitalize the tourist offer each year and generate millions of dollars in tourist currency for accommodations, food and transportation."
From May 24-25, 160 wholesalers from Europe, North America and South America will meet at the ATLAPA Convention Center, with tourism companies from the region to explore business opportunities.
The Chamber of Commerce, Industries and Agriculture of Panama and the Chamber of Tourism of Panama with the support of the Tourism Authority of Panama (ATP), organize the 10th version of International EXPO TOURISM to be held in Panama City.
In 2018, the number of international tourists who arrived in the countries of the region fell 2% compared to 2017, in contrast to the increases of 4% and 3% recorded in North and South America, respectively.
According to the report of the World Tourism Organization (WTO) presented on January 21, the results recorded last year in Central America are partly because of behavior in some countries, as in the cases of Panama and Nicaragua were recorded declines in tourism.
On May 25 and 26, a meeting of tourism companies from Central America will take place in Panama City, in which buyers from all over the world will take part.
The International Tourism Expo 2018 will be held at the ATLAPA Convention Center, in Panama City.
The meeting, organized by the Chamber of Commerce, Industries and Agriculture of Panama, will involve more than 160 international issuing wholesalers from Europe, North America and Latin America, with the aim of seeking service providers and tourism products.
A highway in Panama, a tourist center in Costa Rica and a high rise residential complex in Guatemala, are some of the projects planned for the coming months in the region.
The interactive system "Construction in Central America", compiled by the Business Intelligence Unit at CentralAmericaData, includes an up to date list of public and private construction projects that are planned in the region.
Tailor made tourist packages, modifications in hotels, and learning the Mandarin language, are just some of the aspects that companies must work on in order to receive tourists from China.
The bilateral tourism promotion agreement signed between the governments of China and Panama, after they reestablished diplomatic relations in June 2017, involves much more than a simple framework to promote the arrival of tourists, but also contemplates the requirements that Panama must meet in order to be categorized as a country authorized to be visited by the citizens of China.
Businessmen from the Panamanian tourist sector welcome the arrival of Air China flights in March 2018, but consider it will be a challenge to attract a type of tourist that seems to prefer very different destinations than those offered by Central America.
In a region which for many years has specialized in serving North American tourists and more recently Europeans, preparing to provide the attention demanded by tourists from China will be a challenge, according to the Panamanian tourism entrepreneurs themselves.
In the past 12 months, 78 environmental impact studies were submitted to develop hotels, marinas, clubs and beach residences in Central American countries.
Data from the interactive platform "Construction in Central America", compiled by the Business Intelligence Unit at CentralAmericaData:
Using the Pura Vida Wellness concept, Costa Rica intends to take advantage of a global market valued at $563 billion, with tourists whose average spending exceeds 130% of global average tourist spending.
The aim of the Costa Rican Institute is to develop this segment, which has great market potential, in order to diversify and consolidate the country's tourism supply.Global wellness tourism grew by 11% between 2013 and 2015, according to data from Global Wellness Tourism Economy.
During the event held in Panama, more than 1,800 business appointments took place between international wholesale buyers and tourism companies in the region.
From a statement issued by the Chamber of Commerce, Industries and Agriculture of Panama:
(Panama, May 29, 2017).EXPO TURISMO INTERNACIONAL 2017 received 11,960 visitors interested in the supply of tourism in Panama and the region, exceeding expectations for this year, announced the Organizing Committee of EXPO TURISMO INTERNACIONAL.
From May 26 to 27, 170 wholesalers from Europe, and North and South America will be meeting with Central American tourism companies to explore business opportunities.
From a statement issued by the Tourism Authority:
The Tourism Authority of Panama (ATP), the Chamber of Commerce, Industries and Agriculture of Panama (CCIAP) and the Chamber of Tourism of Panama (CAMTUR) announced this Thursday that as part of the celebration of Expocomer, the Eighth Edition of International Tourism Expo-2017 will be held from May 26 to 27.
From June 19 to 23 companies working in convention tourism will be meeting in Antigua with international buyers and suppliers in order to develop business opportunities.
From a statement issued by the Costa Rican Tourism Institute:
Guatemala January 26, 2017.The Guatemalan Tourism Institute, INGUAT together with the Convention Bureau of Guatemala, announced that the City of Antigua Guatemala will host the Latin America Meetings and Incentives Travel Exchange, Lamite, from June 19 to 23.