Today: October 13, 2015, 2:02 pm

New Market Research Report: Costa Rica Tourism Report Q2 2014

New Consumer Goods market report from Business Monitor International: "Costa Rica Tourism Report Q2 2014" 2014-03-30 13:02:05
The Costa Rica Tourism Report examines the significant long-term potential in the local tourism industry. It raises concerns about the proliferation of drug-trafficking throughout Central America, which poses a challenge to Costa Rican authorities and could deter tourism to the region. We also analyse the growth strategies being employed by the country to continue to attract arrivals, including airport and port expansions, as well as continued efforts to remain an eco-tourism destination.
Costa Rica held the first round of presidential elections on February 2, with political outsider Luis Guillermo Solis and Johnny Araya of the ruling Partido Liberacion Nacional party emerging as the two leading candidates. The run-off will be held in April, with Solis attempting to hold on to his slim first-round lead. Solis is a neophyte politician running on an anti-corruption platform and has benefited from a wave of popular dissatisfaction with the established political parties, particularly the incumbent administration of President Laura Chinchilla. Solis has pledged to increase investment in the country's infrastructure and introduce a capital gains tax.
Full Report Details at
- ..
Neither of the candidates has produced a specific tourism policy, indicating that they are in broad consensus about maintaining the current policy. This suggests that current levels of investment in the tourist industry would remain the same under either Solis or Araya as president, while increased infrastructure investment would continue the ongoing progress towards opening up new parts of Costa Rica, facilitating further exploration by tourists.
Key forecasts for Costa Rica's tourism industry:
* BMI has extended its forecast period to 2018 and has added new forecasts for all data sets.
* BMI is forecasting arrivals growth of 4.43% in 2014, marking a return to growth after a decline of 0.13% in 2013. This will be driven by a pickup in arrivals from North America, which will grow by 4.83% yearon- year.
* BMI is forecasting hotels and restaurants industry value to grow steadily over the forecast period, reaching US$1.8bn by 2018, from US$1.7bn in 2013. Industry value grew by 4.44% in 2013, reflecting sustained investment into the sector.
About Business Monitor International
Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets. BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports. Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports. View more research from Business Monitor International at
About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.
For more information about these or related research reports, please visit our website at or call us at 1.800.844.8156.
Press Information

Published by
Bill Thompson

# 541 Words
Related Articles
More From Business
Bacardi Group Headquarters in Puerto Rico Goes [..]
Kyocera Solar Inc. and installer Dynamic Solar Solutions : Electricity prices in the Caribbean : The Emilio Bacardi Group, which [..]
DataVard Announces Its Participation at SAP TechEd [..]
WASHINGTON, D.C. - October 13th, 2015 - DataVard, a data management specialist and SAP partner, today announced that it will [..]
Accelerating Global Expansion, SIGFOX Targets Internet Of [..]
Building on its continued rapid growth in Europe and its network rollout in 10 major U.S. metropolitan areas, SIGFOX today [..]
Casino Cruise Adds Newcomer Luckystreak Live Dealer [..]
The award winning European online casino, CasinoCruise, has recently added new live dealer software from LuckyStreak. LuckyStreak will [..]
Lose It!, the world’s most popular weight [..]
If a weight loss app can work in the fattest nation on Earth, then surely it can work here. The [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.