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Nicaragua Tourists to Shell Out $400 Million in 2012

Article Summary:

The tourism industry could generate $ 400 million this year, as estimated by the Nicaraguan Tourism Institute. In order to continue the growth, the country must invest diverse tourism products and services and, continue to invest more the leisure segment.

Photo Credit: El Nuevo Diario

Original Article Text From El Nuevo Diario via Google Translate :

Tourists spend more in Nicaragua

According to the latest report of the Central Bank of Nicaragua, NY, in the fourth quarter of 2011, the average spending of tourists entering the country increased by 2.2% over the previous quarter, ie, increased by 12.1% compared with the same period in 2010.

Meanwhile, the average per capita spending of tourists reached U.S. $ 40.60 in the fourth quarter of 2011, emphasizing mainly the spending by tourists from the region of South America with U.S. $ 67.40, followed by those from North America with U.S. $ 54.40.

It was also noted that classifying expenses due to travel, visitors who come for vacations are those with higher expenditures. However, the study indicates that there was a reduction of 16.5% in tourist expenditure Nicaraguans left the country, compared with the previous quarter, a similar behavior when compared with the same period in 2010.

In accordance with the advice of the National Chamber of Tourism, Canatur, Luci Valenti, the latter figure may be related to the financial crisis and so the tourists are preferring to do more national domestic tourism now that there are more options for vacations in the country. He said the growth of 2.2% over the previous period is a positive sign, although that growth has been less than the previous period was over 6%.

He warned that in “the South American market is concerned, we must pay close attention to the Brazilian market, whose trips abroad are growing dramatically, as well as the Argentine and Chileans. Those are the fastest growing markets in South America. ”

Tourists are staying for a few days Valenti believes that the slight variation in the log of average stay (-0.7%) than the report of the NCB in the last three months of last year does not affect the tourism sector, as foreign exchange earnings showed growth, and after all that is needed is to increase foreign exchange.

“If we would focus on niche markets at first arrivals may decrease, but not and income, for these markets with higher costs at destinations, which is what we ultimately want to achieve, tourists spend more on our country, “said the counselor.

The information collected by the NCBs on the stay foreigners within the country, resulted in the longest was that of tourists from North America, followed by visitors from the European region.

Valenti explained that one of the biggest challenges the sector is the average cost of visiting tourists. For tourists to spend more on our country, “I think about two key things, first, continue to invest in diversifying the supply of tourism products and services in the country, and, on the other, continue to invest more in the markets and segments represent higher average spending is the leisure segment.

” The survey indicates that it was made ​​with the direct interview method in four land crossings in the country: El Espino, Guasaule, Peñas Blancas and Hands. For tourism it used the air, the data were collected at the International Airport “Augusto C. Sandino “, Managua. In the fourth quarter of 2011 were interviewed 3.534 non-resident tourists entering the country, and conducted interviews with 2.158 tourists who traveled abroad.

Link to Original Article:

From El Nuevo Diario

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