Costa Rica is largely dependent on tourism and it is a significant contributor to its GDP. However in 2020, due to the impact of COVID-19, It is expected that the number of inbound arrivals will decline by an unprecedented two-thirds. The impact is being felt across all travel operators, including airlines, lodging and travel intermediaries and the government has put some supports in place to help workers and businesses survive through 2020. There was no uplift in international tourism during th…
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Euromonitor International’s Travel in Costa Rica report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest market size data 2015-2019, allowing you to identify the sectors driving growth. It identifies the leading companies and offers strategic analysis of key factors influencing the market – be they new legislative, technology or pricing issues. Background information on disposable income, annual leave and holiday taking habits is also included. Forecasts to 2024 illustrate how the market is set to change.
Product coverage: Activities and Experiences (Destination), Lodging, Online Travel Sales and Intermediaries, Tourism Flows, Travel Modes, Traveller Profiles.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
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* Get a detailed picture of the Travel market;
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* Use five-year forecasts to assess how the market is predicted to develop.
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Table of Content:
Travel in Costa Rica
List OF CONTENTS AND TABLES
COVID-19 impact on travel
COVID-19 country impact
Company response to COVID-19: Airlines and hotels
Impact of COVID-19 on online bookings and travel intermediaries
What next for travel?
CHART 1 Inbound Receipts: 2020-2025
CHART 2 Average Spend per Trip for Inbound Arrivals: 2020-2025
Table 1 Other Transport: Value 2015-2020
Table 2 Forecast Other Transport: Value 2020-2025
Table 3 Car Rental Sales: Value 2015-2020
Table 4 Forecast Car Rental Sales: Value 2020-2025
Table 5 Attractions and Experiences: Value 2015-2020
Table 6 Forecast Attractions and Experiences: Value 2020-2025
GLOBAL MACROECONOMIC ENVIRONMENT
GLOBAL INDUSTRY ENVIRONMENT
Summary 1 Research Sources
Key Data Findings
Number of inbound arrivals plummets as a result of COVID-19, with no pick-up during summer months
Conflicting messages in 2020 about Costa Rica as a tourist destination
Recovery and Opportunities
Costa Rica’s reputation as an expensive destination could slow its recovery
Highlighting Costa Rica’s impressive record on sustainability will be key to recovery
Table 7 Inbound Arrivals: Number of Trips 2015-2020
Table 8 Inbound Arrivals by Country: Number of Trips 2015-2020
Table 9 Inbound Receipts: Value 2015-2020
Table 10 Forecast Inbound Arrivals: Number of Trips 2020-2025
Table 11 Forecast Inbound Arrivals by Country: Number of Trips 2020-2025
Table 12 Forecast Inbound Receipts: Value 2020-2025
Table 13 Domestic Trips by Purpose of Visit: Number of Trips 2015-2020
Table 14 Domestic Business Trips by Travel Mode: Number of Trips 2015-2020
Table 15 Domestic Leisure Trips by Travel Mode: Number of Trips 2015-2020
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