españolPanama: $47 Million for Tourism ProjectThursday, February 13, 2020 CIFI and BID Invest authorized a loan for West Report S.A. to develop, build and operate a hotel complex in Bocas del Toro. The new hotel, which will have 118 rooms, several restaurants, a spa and other meeting places for its guests, will be operated under the brand name Viceroy Hotels and Resorts, reported CIFI. Bad Year for Tourism in the Dominican RepublicWednesday, January 15, 2020 During 2019, 5.36 million foreign tourists arrived in the country, a figure 5% lower than that reported in 2018, a drop that can be explained by the news published in the middle of the year regarding the death of several American tourists in the hotels of Punta Cana. The Dominican tourism sector was the focus of an unfortunate media campaign about unfortunate events that occurred to some tourists from the United States of America in some hotels in the country during the first half of 2019, which generated a high volume of cancellations in air bookings scheduled by travelers to the Dominican Republic, reflected in a year-on-year drop in the number of foreign visitors, reported the Central Bank. Tourism Grows During ChallengesFriday, February 7, 2020 Although in 2019 the arrival of tourists to Costa Rica increased 4% compared to 2018, businessmen of the sector continue to face complex procedures to open a new business and the high costs of basic services. Data from the Directorate General of Immigration and Foreigners, said that between 2018 and 2019 the number of foreign visitors who came to the country grew by 122 thousand, from 3.01 million to 3.14 million tourists. Dominican Republic: Tourism Still in Red NumbersTuesday, December 17, 2019 Between January and November 2018 and the same period in 2019, the number of tourists who arrived in the country reported a 1.5% drop, which contrasts with the increases recorded years ago. The arrival of non-resident passengers to the Dominican Republic in the January-November 2019 period reached a total of 5,821,768 travelers, for a -1.5% variation with respect to the same period of the previous year, informed the Central Bank of the Dominican Republic. Travelers Alert for Insecurity in Costa RicaWednesday, January 8, 2020 The U.S. government decided to raise the security alert level for travel to the Central American country from 1 to 2, arguing that violent crimes are occurring that can affect tourists. The North American country maintains four categories that classify the degree of danger that tourists face when visiting a destination. In the case of Costa Rica, it went from category 1, which tells travelers to take normal precautions, to category 2, which warns that greater caution should be taken. Local Tourism: A Lifeline During the Crisis?Friday, January 24, 2020 Because the number of foreign visitors arriving to Nicaragua has decreased considerably, during 2019 businesses in the sector were kept afloat by the income generated by national tourists. According to the report "Situation of Micro, Small and Medium-Sized Tourism Businesses in 2019", prepared by the Nicaraguan Foundation for Economic and Social Development (Funides), 62% of the businesses surveyed stated that at the time of the survey they had fewer workers than in March 2018, weeks before the crisis broke out. More Tourists Arriving in GuatemalaMonday, January 13, 2020 During 2019, tourist arrivals to Guatemala increased 6% over the previous year; however, the average stay decreased slightly, from 6.63 days in 2018 to 6.56 days in 2019. Figures from the Guatemalan Tourism Institute (INGUAT) show that in 2019 2,559,599 tourists entered the country, a figure 6% higher than the 2,405,902 visitors reported in 2018. Tourist Arrivals in Guatemala Up 6%Thursday, November 21, 2019 From January to September 2019, 1.89 million visitors were registered, a figure 6% higher than that reported for the same period in 2018. During the ninth month of the year, a total of 161,891 visitors entered, of which 70% were tourists and 30% were hikers. Tourism: Revenue up 16% in 2019Tuesday, January 7, 2020 Salvadoran authorities estimate that the income left by tourists who visited the country last year reached $1.777 billion, 16% more than that registered in 2018. Estimates made by the Ministry of Tourism (MITUR) indicate that between 2018 and 2019 the number of tourists visiting El Salvador increased by nearly 4% from 2.5 million to 2.6 million. Costa Rica: 1.6% Inflation at the Beginning of 2020Friday, February 7, 2020 During January, the Consumer Price Index registered a 1.58% year-on-year variation, a rise that was influenced by the increase in the prices of Rent and housing services, and Education. Out of the 315 goods and services that make up the consumer basket, 48% increased in price, 44% decreased in price and 8% showed no variation, reported the National Institute of Statistics and Census. Buses: Company Advertises New Routes in the RegionMonday, December 2, 2019 Mexico's Cristobal Colon, a passenger carrier that began operations in Guatemala in 2018, announced that it plans to expand its routes to El Salvador, Honduras and Nicaragua. The company currently covers local routes from the Guatemalan capital to Santa Elena, Poptún and El Chal in Petén. Tourism: Income Doesn't ImproveMonday, November 25, 2019 Between January and August 2019, approximately 1.5 million tourists arrived in Panama, generating revenues of close to $3,314 million, 1% less than the amount reported in the same period of 2018. The most recent report of the General Comptroller of the Republic of Panama details that between the first eight months of 2018 and the same period of 2019, the expenditure made by tourists who arrived in the country decreased by $32 million, going from $3.346 million to $3.314 million. Panama: Tourism to Grow 10% by 2020Thursday, December 19, 2019 The Panamanian government's optimistic projections are based on the publicity that finally began this year at the international level, with the injection of $20 million into the Tourism Promotion Fund. The campaign to promote Panama as a tourist destination in the main international markets began in November of this year and will be active for eight months. Tourism: New Strategy in GuatemalaWednesday, December 11, 2019 Through a strategy that will be implemented in the coming years, the authorities seek to position the country as a gastronomic destination by 2026. According to the National Gastronomic Tourism Strategy for the period from 2019 to 2025, to be implemented by the Guatemalan Institute of Tourism (INGUAT), the country will work in four axes. Tax Incentives for the Tourism SectorTuesday, January 7, 2020 In Panama, a bill was approved that will grant tax exemptions until 2025 to those who make investments in hotels and recreational activities. On December 31st, President Cortizo sanctioned the bill that provides tax incentives to the tourism sector by modifying some of Law 80 of November 8th, 2012. |
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Sunday, February 16, 2020 - last update: 4:26 pm
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