New market study, "Costa Rica Tourism Report Q3 2016", has been published

Costa Rica will experience a positive year for the tourism industry in 2016, with strong arrivals growth buoyed up by improving arrivals from the US, the country's key market. While we expect tourism arrivals and hotel growth to decline towards the end of the forecast period, we do not believe this undermines the fundamental attractiveness of Costa Rica's tourism industry.

Key Updates And Forecasts:

Arrivals from North America are now forecast to rise by 5.5% in 2016, pushing up our forecast for overall arrivals growth to 4.2%, to 2.7mn.

However, we continue to forecast a slowdown in North American arrivals in 2019-2020, which will weigh on overall arrivals and the hotel development pipeline.

Outbound tourism will continue to grow in 2016, reflecting improving incomes and also the expected weakening of the currency. Outbound tourism departures will grow by 4.4%, to 425,010.

Full Report Details at
- http://www.fastmr.com/prod/1152805_costa_rica_tourism_report_q3.aspx?afid=301

The Costa Rica Tourism Report has been researched at source and features BMI Research's independent assessment and forecasts for tourist expenditure; government expenditure on tourism; passenger arrivals and departures by mode of transport, reason for travel, origin and destination; and the accommodation market.

BMI's Costa Rica Tourism Report provides industry professionals and strategists, corporate analysts, associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the Costa Rican tourism industry.

Key Benefits
Benchmark BMI's independent tourism industry forecasts for Costa Rica to test other views - a key input for successful budgetary and planning in the Costa Rican tourism market.
Target business opportunities and risks in the Costa Rican tourism sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Costa Rica.
Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. KPIs and latest activity).

Coverage

BMI Industry View

This contains a synopsis of our forecasts, and any changes, together with an overview of key trends and developments in the tourism industry, and an assessment of the impact of various economic and national factors which might affect the sector. It also covers new transport projects, new hotel developments, and acquisitions.

Industry SWOT Analysis

Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the tourism sector and within the broader political, economic and business environment.

BMI Industry Forecast Scenario

Forecasts to end-2019 for all key indicators, supported by explicit assumptions, plus analysis of key downside risks to the main forecasts:

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