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Travel and Tourism in Costa Rica to 2021

65 pages report Published in Oct 2016

Summary

Costa Rica's travel and tourism sector saw another year of good growth in 2015. This was largely driven by the continued growth from its largest source market, the US. International arrivals rose by 5.3% in 2015, totaling 2.7 million. Most international travel is by air and the launch of new routes by airlines such as British Airways also supported growth.

Key Findings

  • China was the fastest growing source market of Costa Rica in 2015 with an increase of 29% over the previous year. Chinese tourists largely visit the country in their spring festival holidays, marking the start of Lunar New Year, and prefer to enjoy sports experiences such as waterfall abseiling, zip lining, and free-fall jumping on canopy tree tops.
  • Arrivals from Europe (three European countries rank among the top 10 source markets) to Costa Rica are expected to increase with the introduction of new routes. From November 2016, Air France will offer direct flights connecting San Jos√© (Costa Rica) and Paris-Charles de Gaulle. In May 2016, British Airways launched a direct flight between Gatwick Airport in London and Costa Rica.

Synopsis

The report provides detailed market analysis, information, and insights, including:

  • Historic and forecast tourist volumes covering the entire Costa Rica's Travel andTourism sector
  • Detailed analysis of tourist spending patterns in Costa Rica for various categories, such as accommodation, sightseeing entertainment, foodservice, transportation, retail, travel intermediaries, and others
  • Analysis of trips by purpose and mode of transport, and expenditure across various categories including domestic, inbound and outbound tourism, with analysis using similar metrics
  • Analysis of the airline, hotel, car rental, and travel intermediaries industries by customer type - leisure and business travelers

Reasons To Buy

  • Make strategic business decisions using historic and forecast market data related to Costa Rica's Travel and Tourism sector
  • Understand the demand-side dynamics within the industry to identify key market trends and growth opportunities
  • Direct the promotional efforts on most promising markets by identifying the key source and destination countries

Companies Mentioned

  • InterContinental Hotels Group
  • Best Western International
  • Marriott International
  • Hilton Hotels and Resorts
  • Barcel√≥ Hotels and Resorts
  • The Rezidor Hotel Group
  • Wyndham Hotel Group
  • Starwood Hotels and Resorts
  • Choice Hotels International
  • Inc.
  • RIU Hotels and Resorts
  • United airlines
  • Lacsa
  • Copa
  • American airlines
  • Delta airlines
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