Costa Rica Tourism Report - Q4 2014

Business Monitor International
September 10, 2014
51 Pages - SKU: BMI5325560
Countries covered: Costa Rica

Costa Rica Tourism Report - Q4 2014

BMI View: The Costa Rica Tourism Report raises concerns about the proliferation of drug-traffickingthroughout Central America, which poses a challenge to Costa Rican authorities and could deter tourism tothe region. We also analyse the growth strategies being employed by the country to continue to attractarrivals, including airport and port expansions, as well as continued efforts to remain an eco-tourismdestination.

Despite the positive prognosis for tourism arrivals growth in 2014, the industry is expecting a mid-yearslowdown as a result of the World Cup in Brazil between June and July. A report by Costa Rica's NationalTourism Chamber found that hoteliers think the football tournament encouraged tourists to go to Brazil whomight otherwise have gone to Costa Rica. In addition, the fact that the Costa Rican team made it to theWorld Cup meant that many Costa Ricans went to Brazil to support their team, weighing on domestictourism prospects. A poll of hoteliers found that most experienced a slowdown in room occupancy duringthis period but expect it to pick up again in late July. In general, hoteliers are optimistic about full-yearprospects, with most regions anticipating occupancy rates of 70% of higher, except the sparsely developedCaribbean and southern Pacific areas.



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