Construction has started in Tola of a mixed tourist complex estimated at $20 million which includes 12 houses, a four-story tower with 18 apartments and a commercial area.
Travis and Lucas Boychuk, promoters of the tourism project that will be located in Gavilán beach, reported that for the tourism development called "Surf Ranch Hotel & Resort-Emerald Coast Popoyo", they will be building condominiums, apartments, restaurants, an events center, commercial premises, swimming pools, a spa, casino, gym and other amenities.
A development company has started in Rivas the construction of a 1,800 square meter hotel with 24 rooms, two meeting rooms and other amenities.
Without disclosing the total amount of the investment, representatives of Gran Victoria S.A. stated that on February 1 construction started of a hotel that will be located in the center of the city of Rivas, which will have a swimming pool, restaurant and a basement.
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:
A delegation of tourism entrepreneurs led by the owner of Air Europa are in Managua to explore business opportunities with the government and local companies.
The entrepreneurs who make up the group represent companies linked to the tourism sector, such as the airline Air Europa, tour operators and others. Representatives from the government explained to Elnuevodiario.com.ni that the businessmen "... are going to meet with the Nicaraguan Institute of Tourism, aeronautical authorities and ProNicaragua."
In Nicaragua, a law is being prepared to facilitate concessions for the development of marinas, piers and yacht clubs, with the aim of encouraging tourist activities such as sport fishing.
The bill is an initiative by private sector entrepreneurs, who want to attract foreign investment to develop tourist activities that are centered around marinas, such as sport fishing.
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.
Lack of control of unofficial businesses that are setting up on the coasts is preventing further development in areas with high tourism potential such as San Juan del Sur.
The business community argues that the Law for the Development of Coastal and Environmental Conservation is not being complied with, as unofficial businesses such as restaurants and hotels are being allowed to set upon the coasts.
The union of private companies is preparing a plan for promoting tourism development in San Juan del Sur and Tola, where more than $130 million has already been invested.
The area of San Juan del Sur and Tola, Rivas, has all the characteristics needed to become a tourist destination, but basic infrastructure in the area needs to be improved along with conditions to attract more foreign investment.
Growth of 9% per year is part of the rewards brought about by incentives for the sector and the opening up of government by working in partnership with private enterprise.
Incentives for tourism have been vital to the creation of new projects in this sector. This is the view of Leonardo Torres, president of the Nicaraguan Chamber of Small and Medium Tourism Enterprises (Cantur), who spoke to Elnuevodiario.com.ni.
Employers claim that at least six projects have been delayed pending analysis by the Board of Tourism Incentives, which has not been in session since the departure of its president two months ago.
There are at least six investment projects in the tourism sector that should have been analyzed by the Board of Tourism Incentives, which, drowning in bureaucracy, is unable to hold sesion because a new president has not been formally chosen.
Between January and September, 965,369 tourists arrived in the country, 7.1% more than in the same period in 2013.
From a statement issued by the investment promotion agency of Nicaragua:
Nicaragua, with a steadily growing tourism industry, received 965,369 visitors up to September this year, which is giving rise to new hotel investments, said the executive president of the Nicaraguan Tourism Institute, Intur, Mayra Salinas, yesterday after stating that "on October 21 we will probably pass the one million tourists figure. "
The current law provides a number of incentives for tourism but does not include some segments such as medical tourism and residential real estate for foreigners.
Two years ago the private sector promoted a law reform but it was not successful, which is why the Government is now taking up the issue again after an analysis of the current situation of the sector.
The 2013 edition of Expotur is to receive 180 representatives from international companies at the Hotel Wyndham San Jose Herradura on the 9th and 10th of May.
A statement from the Costa Rican Association of Tourism Professionals (ACOPROT) reads:
Country's Main Tourism Exchange Market Prepares its XXIX Edition
- From 9th to 11th the 29th edition of Expotur will be held at the Convention Center at the Hotel Wyndham San Jose Herradura.
Despite the downturn in the major economies, more and more tourists traveling the globe are looking for the kind of experiences that Central America has to offer.
The opportunities are there. Demand for tourist destinations such as the ones Central America can offer is firm and is increasing every year.
What is essential is that the quality of tourism services on offer be increased, particularly ensuring that tourists are not affected by the criminal violence that pervades the region.