Between 2010 and 2016, the number of tourism companies grew by 47%, and in the same period, the number of transport companies and travel operators increased by 320% and 160%, respectively.
In 2010 the Nicaraguan Tourism Institute counted 62 businesses dedicated to providing travel organization services, and last year, this figure reached 161, thanks to the growth experienced in tourism in the country.
Entrepreneurs in the sector are looking to develop this segment of the tourist market, highlighting the country's characteristics that are ideal for offering activities such as trekking and visits to volcanoes.
The objective should be to focus on the North American and European markets, where most tourists are looking for activities such as biking, hiking, rafting, visits to biological reserves and volcanoes, among other things.
In the first half of the year $218 million came into the country, 10.3% more than the $197.5 million generated in the same period in 2013.
Details from the Nicaraguan Institute of Tourism (Intur) show that "... Between January and June Nicaragua received 650,008 foreign visitors, representing a growth of 7.1% compared to the same period in 2013, when the country received 607.155 tourists. "
An international airport with a 1500 meter long runway will allow for the direct arrival of international high-end tourism to the island resort of Guacalito.
With an investment of $12 million, the new airfield will have all the services of an international terminal, such as a control tower, main building, waiting room, and customs and immigration offices. The runway will comply with all international standards, and the first phase will be completed in in a period of 15 months.
The Nicaraguan Institute of Tourism is putting out to tender the construction of a Tourist Center and embarking pier in San Juan Sur, Rivas department.
The Nicaraguan Institute of Tourism (INTUR) is inviting eligible bidders to submit sealed bids for Construction and Development of Tourist Embarking Pier at San Juan del Sur, to be implemented in the Municipality of San Juan del Sur, Rivas department. The construction period is four hundred twenty (420) calendar days.
So far in 2013 the Nicaraguan Institute of Tourism has added $50 million to projects in the tourism sector.
"A total of $50.1 million has been approved by the board of incentives in its first nine sessions, which has superseded the goals set for 2013," said Mayra Salinas, chief executive of the Nicaraguan Institute of Tourism (Intur).
During the first quarter, the Intur approved tourism incentives for the purchase of aircraft and three hotel projects.
"Between January and March this year, the Nicaraguan Institute of Tourism (Intur) approved $20.5 million for tourismincentives for small and medium businesses, and expects to increase that amount to more than $51 million at the end of the first half of 2013 ", reported Laprensa.com.ni.
According to industry players, rural community tourism is growing "slowly, but surely."
According to Harold Ramos, president of the Nicaraguan Network of Rural Tourism (Renitural), agritourism and rural community tourism , "is something that is developing slowly, but surely."
In the North Pacific of Nicaragua a square meter of land on the beach has a maximum cost of $18.
"Nicaragua is the safest place in Central America and there is great potential to develop the segments of city, sun and sand. We have a lot of ability to grow in those areas which already posses developed infrastructure such as airports and roads", said Sergio Arguello, an official from the Nicaraguan Chamber of Tourism (Canatur).
The country expects that by the end of 2012, 1.2 million visitors will have arrived and more than $400 million entered the country in foreign exchange earnings, which represents an increase of over 11% compared to 2011.
On meeting these projections by the Nicaraguan Institute of Tourism (Intur), the country will become the fastest growing in the region in terms of tourism indicators, surpassing even Panama.
Investments under $50,000 do not receive the tax benefits enjoyed by investors of larger amounts.
The Nicaraguan Chamber of Small and Medium Tourism Businesses (CAMTUR), has asked the Nicaraguan government to contemplate extending exemptions for investments in tourism to small businesses.
Elnuevodiario.com.ni reports that "President of Cantur, Leonardo Torres Cespedes declared that Law 306, Incentives Act for the Tourism Sector, states that to access the exemptions small businesses must invest between U.S. $50,000 and U.S. $100,000, which he considers 'high' for the sector. "
A partnership has been formed between the Nicaraguan government and the Spanish group Barceló to build an international airport in the Montelimar resort, in San Rafael del Sur.
An article in Laprensa.com.ni reports that "The Government of Nicaragua and the Spanish hotel group Barceló have signed an agreement to build an international airport in the Montelimar resort, in the Pacific, officials said on Sunday. The agreement, which creates a joint partnership between the two parties was signed in a private ceremony in Managua by Nicaragua's Attorney General Hernan Estrada, and the group's director for Barceló Central and South America, Juan José Ribas. "
The Nicaraguan Institute of Tourism and the Cruise Association of Florida and the Caribbean have signed an agreement to promote the arrival of cruise ships to the shores of the country.
As part of the agreement, Nicaragua will pay a fee for each cruise passenger who disembarks on Nicaraguan soil.
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