The National Assembly approved a bill that aims to streamline the procedures for granting concessions for the development of yacht clubs and berths.
The deputies of the National Assembly approved on March 12 a new Law for the Development and Operation of Tourist Marinas that will stimulate the development of the tourism industry and encourage national and foreign investment, both public and private, in the water tourism sector, the government informed in a press release.
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 constructionprojects that are planned to be built soon.
The union has reported that five months after the outbreak of the social and political crisis in Nicaragua, the country has lost about 68,000 of the 120,000 jobs generated by the sector.
The National Chamber of Tourism (Canatur) presented a report highlighting the impact of the country's social and political crisis on the tourism sector.
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 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.
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.
For the period 2017/18 81 cruise ships are expected to arrive in the country, which represents a 14% increase over the previous season.
The increase in arrivals of cruise ships is combined with greater availability of infrastructure and reduction in landing times, since, according to the National Port Company have "...new docks allow tourists arriving in San Juan del Sur on a cruise to disembark in an hour and a half, which is half the time it took before ...".
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 new measure imposed by Nicaraguan immigration authorities requires foreigners who intend to enter the country to file a "notice of entry" seven days in advance.
The Nicaraguan business sector, particularly companies working in the tourism industry, regret the government's decision to implement this measure. The only thing it does is to discourage the entry of foreigners, who in their vast majority come to the country to take part in tourist activities.Complaints have arisen from El Salvador and other nations about the difficulties of this new measure, especially from tour operators and tourist companies that manage trips to Nicaragua from neighboring countries.
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.
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.
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.
Apartment towers in Costa Rica and Panama, and oil well drilling and related works in Guatemala, are some of the construction projects planned for the coming months in the region.
CentralAmericaData's information system "Construction Projects in Central America", compiled by the Business Intelligence Unit, provides an up to date list of public and private constructionprojects for which environmental impact assessments (EIAs) were submitted to the respective institutions in each country in March 2017.
The coast of the department of Rivas harbours not only beaches, but also thermal springs, forests and lagoons, but there is no infrastructure to take advantage of this touristic potential.
The plan by a group of tourist entrepreneurs in the area is to develop, with the Nicaraguan Institute of Tourism, a medium and long term plan to turn the area into a pole for tourism development.Two hours from Liberia's international airport in Costa Rica, the coastal strip of the municipalities of Buenos Aires, San Jorge, Rivas and Cárdenas is considered by the private sector as a "tourist treasure".
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