Costa Rica – Tourism plus the Economic system

Many have asked if Costa Rica is suffering economically from lowered travel or expenditure and home getting as income-strapped foreigners deal with entire world-extensive economies struggling from significant oil prices together with other regional problems like the U.S. residence mortgage loan crisis.

It ought to go devoid of indicating that Costa Rica is unquestionably involved – In particular with fears of an entire-blown financial recession in America. After all, Us citizens accounted for 54% with the one.nine million visitors that traveled to Costa Rica in 2007.

Only in the near past the Costa Rican Institute of Tourism (ICT) introduced an aggressive $14 million dollar U.S. internet marketing and promotion campaign over the web and thru a public relations agency employed in New York to market Costa Rica as an unique vacation spot that is closer and less expensive than equally promoted destinations like Thailand along with other Asian international locations.

Europe is the 2nd biggest market for Costa Rica tourism, accounting for seventeen% of your guests. Many the ecu vacationers are from Spain, Germany,   Ecotourism and resorts in Ukraine France, England, and Italy. In combination with these nations, the ICT is intensifying publicity inside the growing markets of Russia, France and Switzerland. Marketing and advertising Costa Rica to Asian marketplaces is about the agenda likewise. Final calendar year an arrangement was signed with China, introducing Costa Rica as a tourist location.

With so a number of nations deciding upon Costa Rica as a first-tier vacation location, the ICT predicts a tourist advancement price of six% in 2008. This in addition to the 10.fifteen% boost reached just last yr.

Costa Rica to be a Desired destination for Business owners:

Surveys of Costa Rica holidaymakers reveal They are really well educated and spend sizeable discretionary money on travel. The bulk are adventurous with their options of activities and lodging and approach their own trips as opposed to counting on vacation agents. These principally American visitors are; affluent, university educated with over ninety% obtaining bachelors or graduate levels, middle aged, and married with out youngsters residing at your house. Their education and money ranges point out They’re significant-finish travelers which might be considerably economic downturn proof.

Routines in Costa Rica:

Conservative vacation functions and moderate duration of keep are favored by The standard Costa Rica traveler. The majority of the initial-time tourists desire Costa Rica more than any other Latin American destination they had frequented according to Costa Rica’s ecotourism and its unspoiled surroundings. The first routines of those travelers are:

* Ecotourism

* Sightseeing

* Seaside and Waterfront Functions

Rank of Latin American International locations:

The point that Costa Rica was rated because the variety-a person location amongst Latin American international locations indicates its existing throughout the world attractiveness as on the list of worlds leading tourist Locations.

Rank of Earth-Extensive Nations:

The United Nations Earth Tourism Business (UNWTO) projects the rise in environment-broad international vacationer arrivals to get around three % for 2008 … whilst projecting Costa Rica’s 2008 tourism increase to be all over 10 % .

Costa Rica has long been a member from the United Nations Entire world Tourism Business (UNWTO) for three many years As well as in Oct, 2008 Costa Rica’s Minister of Tourism, Carlos Ricardo Benavides, was appointed to head the UNWTO Executive Council. “The appointment can be a substantial recognition of Costa Rica’s initiatives in sustainable tourism. [Costa Rica] has grown to be a product and leader In this particular arena,” said Minister Benavides.

In accordance with Minister Benavides; “This placement performs a significant position throughout the WTO as it helps to lead and approve … important matters like poverty eradication by way of tourism in acquiring nations, truthful financial distribution, and dialogue, defense and ample use of normal means.