Although in the cosmetic surgery business the Costa Rican market maintains its attractiveness for foreign clients, in other countries procedures of similar quality are offered, but at lower prices.
Some of the main competitors include Mexico, India, Colombia, El Salvador, Guatemala, Panama and the Dominican Republic, but Costa Rica's main difficulty in competing with these markets is its high operating cost.
During the first half of the year, 1.73 million visitors arrived in Costa Rica, a figure 3.9% higher than that reported in the same period in 2018, behavior that is explained by the rise in the arrival of tourists from North America.
Figures from the Costa Rican Tourism Institute specify that only during June of this year, the arrival of 249 thousand visitors was registered, 11% more than those reported in the same month of 2018.
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.
From January to June of this year, 3.57 million tourists arrived in the Dominican Republic, 4% more than the figure reported for the same period in 2018.
In the January-June period of this year, 64% of visitors arrived from North America, 21% from Europe, 12% from South America, 4% from Central America and the Caribbean and the remaining 0.3% from Asia and the rest of the world, reported the Central Bank of the Dominican Republic (BCRD).
In Costa Rica, exporters and businessmen of the tourism sector are concerned about the decreasing trend that in recent months has reported the exchange rate, which on July 18 was quoted at ¢575.7 per dollar.
Official figures report that between early February and mid-July of this year, there has been a fall of up to 38 colones per dollar, as the average rate in the Monex wholesale market fell from ¢613.87 to ¢575.69.
Starting November 2, the low-costairline Wingo will begin operating four weekly frequencies between Panama City and Havana, Cuba.
The company reported that flights will depart from Panama Pacifico International Airport (BLB) at 12:53pm and arrive at Havana's José Martí International Airport (HAV) at 3:28 pm, and flights from the island depart at 4:28 pm and arrive in Panama City at 7:18pm.
With the strategic development of the Guatemala Country Brand, there are expectations in the business sector to jointly promote investments, exports and tourism.
Arguing that a complete report on the financial situation of the companies owning the development was not presented, the Costa Rican Tourism Institute decided to cancel the concession of the Monte del Barco project, in the Papagayo Tourist Pole.
Aldesa Fondos de Inversión reported that Inversiones Monte del Barco S.A. and Inversiones GODA S.A., companies owning the tourism development, were notified last July 4th, but the concessionary companies will proceed to file in time and form, the appeal for replacement or revocation before the Board of Directors of the Costa Rican Tourism Institute.
From January to April of this year, hotels in Panama City reported an average daily occupancy of 4,933 rooms, just 1% more than the same period in 2018.
The latest report of the General Comptroller of the Republic, details that only in April the daily average of occupied rooms registered a 2% increase over the same month last year, growing from 4,630 to 4,691.
Ensuring the resources of the Mixed Fund for Tourism Promotion and the formalization of the administration of the Amador Convention Center are actions that the business sector of Panama proposes to the new authorities to reactivate the activity of the sector.
In the context of the protests and blockades that have been affecting Costa Rica for several days, the businessmen denounce that there are millions of losses, mainly in tourism, exports, and agricultural, industrial and commercial activities.
Starting November 1, Jet Blue Airlines will operate three direct flights per week between the U.S. city and the capital of Costa Rica.
This announcement is in addition to the one made last June 26 by American Airlines, which reported that from November 21 will begin to operate a new flight between San Jose and New York, and in December will begin the operation of another flight between Liberia and the U.S. city involved.
About 153,000 visitors annually come to the country to fish for recreational purposes, and the activity generates a chain of business of about $500 million annually.
According to a study conducted by the Costa Rican Fishing Federation (Fecop), most of the income reported in the country by sport and tourist fishing derives from the arrival of tourists interested in the activity, who generate annual revenues of $460 million.
On November 21, American Airlines will begin operating a new flight between San Jose and New York, and in December another flight between Liberia and that American city will begin.
The flight connecting the capital of the Central American country will be daily, departing from John F.
From January to March of this year, hotels in Panama City reported a daily average occupancy of 5,014 rooms, 2% more than that recorded in the same period in 2018.
The latest report of the General Comptroller of the Republic, details that only in March the daily average of occupied rooms registered an 8% increase over the same month last year, growing from 4,644 to 5,017.
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Recognized Brazilian company of backhoe loaders, telescopic, articulated and other types of cranes looking for companies interested in representing the brand and distributing their machinery in Central America and Mexico. The company manufactures and sells telescopic,...
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