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Costa Rica Tourism Report Q2 2015

56 Pages BMI Research April 01, 2015 SKU: BMI5478799

Costa Rica Tourism Report Q2 2015

Costa Rica's tourism market will perform well in 2015, with strong arrivals from North America reflectingits attractive market fundamentals. We expect this to feed through into rising investment in the touristindustry, especially as the market cements its pre-eminent position within Central America.

We expect Costa Rica's tourism industry to perform well in 2015, with overall tourist arrivals projected toincrease by 5.4% to 2.8mn. This strong growth confirms our review that Costa Rica is one of the mostattractive tourism markets in the region, with attractive destinations, good infrastructure and high levels ofsecurity making it a popular destination, particularly for tourists from North America. Indeed, we expectarrivals from North America to increase by 7.2% in 2015 to 1.3mn as rising GDP growth in the US inparticular encourages departures. Arrivals from Latin America will also grow, by 4.1% to 1.1mn, indicatingthat Costa Rica's attractiveness as a tourist destination largely offsets its relative expensiveness comparedwith many other Latin American countries.

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Costa Rica Tourism Report Q2 2015

BMI Research
April 01, 2015

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