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Costa Rica Tourism Report Q4 2015

56 Pages BMI Research July 22, 2015 SKU: BMI5640510

Costa Rica Tourism Report Q4 2015

BMI View: We expect positive arrivals growth of 2.4% in 2015, with strong arrivals from North Americaoffsetting declining arrivals from Europe. However, we expect growth to moderate in the medium term,leading to lower levels of investment and development.

Costa Rica's tourism market is one of the most developed in Central America, benefiting from political andsocial stability and a well-developed coastal resort area that attracts a steady stream of visitors, particularlyfrom North America and Europe. While the rest of the country is less well set-up for tourism, with acohesive transport network being a particular lack, the government is supporting infrastructure projects thatwill provide long-term improvements for the tourism market. One concern is that the market is heavilydependent on arrivals from the US, and would be vulnerable to a sudden decline in US tourists.

Nonetheless, we do not view this as a likely scenario, with Costa Rica well entrenched as a populardestination for US visitors.

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Costa Rica Tourism Report Q4 2015

BMI Research
July 22, 2015

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