The horizontal residential, commercial and tourist condominium to be developed in Guanacaste, with different amenities and housing units.
CentralAmericaData provides an updated list of public and private construction projects that have submitted Environmental Impact Assessments (EIA) to the respective institutions in each country.
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.
In Costa Rica, 5% of people who show interest in traveling are attracted by adventure tourism, and about 40% of them are between 21 and 30 years old, and have a high level of purchasing power.
An analysis of consumer interests and preferences in Costa Rica, compiled by CentralAmericaData's Trade Intelligence Unit, provides interesting results on the characteristics of people who express an interest in travel. [GRAFICA caption="Click to interact with graphics]
After nearly 100,000 Mexican tourists visited Costa Rica in 2018, this year the authorities plan to intensify the country's promotion in Mexico's main cities.
According to the latest estimates, this year about 508,000 Mexicans would be considering vacationing in Costa Rica.
To learn about the tourist destination and hold business negotiations with local businesses, on September 13, 10 tour operators from Beijing will be arriving in Panama.
The Tourism Authority of Panama (ATP) reported that "...this will be the first official contact with local tour operators, following authorization from the Chinese government to start commercial relations with 66 Panamanian A-type companies (tour operators) who met the requirements established after signing a Memorandum of Understanding between both nations to facilitate travel groups from China to Panama."
During the first five months of 2018, the Dominican Republic recorded the arrival of 2.8 million tourists, 6% more than was reported in the same period in 2017.
From a Report by the Central Bank of the Dominican Republic:
The arrival of non-resident passengers by air to the Dominican Republic, including foreigners and Dominicans, registered a year-on-year growth of 7.0% in the month of May, reaching a total of 506,178 passengers, equivalent to an increase of 33,290 passengers with respect to the same month of the previous year.Within this result, the segment of foreigners presented an annualized variationof 6.0% (24,867 additional tourists) and non-resident Dominicans experienced an interannual increase of 13.7% (8,423 additional passengers).
Visits by foreigners to undergo medical procedures in Costa Rica last year generated $437 million, 5% more than was registered in 2016.
According to figures from the Central Bank of Costa Rica, medical tourism revenues have shown sustained growth, as in 2015, 2016 and 2017 there were reports of increases in relation to each of the preceding years of 9%, 16% and 5% respectively.
In 2017, tourists stayed on average 8.6 nights and spent an average of $134 per day, which is an increase of 1% and 2%, respectively, from 2016.
From a Report by the Central Bank of the Dominican Republic:
Tourist Expenditure and Average Stay by Air:
Non-resident foreigners who visited the country, in the year 2017, recorded an average stay of 8.6 nights, representing growth of 0.8% and made an average daily expenditure of US $133.5, an increase of 2.2%, compared to 2016.
Following 2017's 5% increase in the arrival of foreign tourists, the authorities foresee an increase of 6% for this year.
Regarding the figures on domestic tourism, authorities in the sector estimate that last year this item generated an economic spillover of about $2.122 million, an amount that they aim to exceed in 2018.
Through an agreement with KLM, tourists from the Netherlands who usually only pass through the country to connect with other destinations will be encouraged to stay in Panama.
Currently the Air France-KLM group offers daily flights between Panama and Amsterdam and 6 weekly flights between Panama and Paris. From Panama KLM serves 27 destinations in Central America, South America and the Caribbean.
After the year 2017 provided the sector with income of $840 million, 31% more than in 2016, the union has carried out a new review and plans to generate up to $900 million this year.
The company would be willing to charge the lodging tax in Panama if the restrictions on the rental of real estate for tourism purposes were eliminated, and if the data on property owners was protected.
These are the conditions that representatives of the property rental platform proposed to the Panamanian government to begin negotiating the possible collection of the 10% lodging tax, also paid by hotels, in order to formalize their operation in the country.
In 2016 tour operators handled the arrival of 58,000 tourists who spent an average of $140 per day, and also provided their services to another 66,000 visitors who arrived on their own.
According to the study "Impact of Tour Operators in the Development of Tourism in Nicaragua", prepared by the American University (UAM) and the National Chamber of Tourism of Nicaragua (Canatur) " ...
In 2017, the country received 2.5 million tourists who spent $4.451 billion, 3.8% more than in 2016.
According to preliminary figures from the Tourism Authority of Panama (ATP), in 2016, tourists spent $4.287 billion, $164 million less than the amount generated last year.
Regarding spending by tourists arriving on cruise ships, the ATP reported that "...
In 2017 tourist arrivals to the country grew by 4% compared to the flow in the previous year, however, the latest figure was below the increases of 6% and 9% recorded in 2016 and 2015 respectively.
From a Report by the Central Bank of the Dominican Republic:
The cumulative arrival of non-resident passengers at the end of 2017, which includes non-resident foreign and Dominican visitors, reached the historic figure of 6,187,542 people, when 228,195 additional travelers arrived compared to 2016, making an interannual increase of 3.8%.