print

Country Report

Travel and Tourism in Nicaragua

| Pages: 27

Price: US$600

About this Report

EXECUTIVE SUMMARY

Arrivals continues to grow in Nicaragua

The Nicaraguan travel and tourism industry was not affected as badly as other countries in Central America by the global economic downturn. In 2009 arrivals registered growth of 9% in number of trips. In 2010 and 2011, arrivals continued to increase, with growth of 9% in number trips in both years. Even though more tourists visited the country, they tried to economise on their trips. Thus they opted for less expensive travel accommodation or stayed with friends and family. However, travel accommodation began to recover in 2010, when it registered retail value growth of 3%. This was due to the continued growth of arrivals and tourists increasingly deciding to stay in hotels or other types of travel accommodation.

Instituto Nicaraguense de Turismo engages in international promotion

The Instituto Nicaraguense de Turismo (hereafter referred to as INTUR) is in charge of promoting Nicaragua both regionally and internationally. In 2011 it successfully hosted Nicaragua’s second international tourism fair, (Fenitur) in which travel retailers and tourism companies participated. It also attended international travel and tourism fairs in new locations, such as Berlin and Moscow. The organisation also invested US$3 million in 2011 in a promotional campaign in Central America and the US.

Private tourism investments grow in Nicaragua

In 2011 several tourism investments took place in Nicaragua. New airline, Air Nicaragua, began operating flights from Managua to La Habana, Cuba, and it planned to expand its flight network to Venezuela and Mexico. Also, NH Hotel Group from Spain and Marriott Hotels from the US were considering investments of up to US$100 million in Nicaragua. The Empresa Administradora de Aeropuertos Internacionales (hereafter referred to as EAAI) invested US$7 million in the construction of a new international airport on the island of Ometepe, which will be able to receive airplanes carrying up to 42 passengers. Furthermore, two new marinas were in the process of being built in Bluefields and on the Corn Islands, with the capacity to receive up to 190 yachts.

Promotion of domestic tourism in 2011

The Government of Nicaragua made efforts to drive the growth of domestic tourism in 2011 to drive tourism during the low season for international travellers. Nicaraguans tend to travel inside the country during national holidays and school holidays. However, there are some parts of the country that they do not travel to, such as the southern part, for example the San Juan River, due to lack of information and promotional packages. Therefore, in 2011 the government suggested that travel retailers and tourism companies should offer promotions and use social media such as Facebook and Twitter to reach the population and to encourage tourism in these new locations.

Increase in tourism taxation in 2011

In 2010, the Government of Nicaragua reformed its tourism legislation in order to increase tourism taxation. The cost of the tourism card, which every visitor has to purchase upon entering the country, was increased from US$5 to US10. The government also added 2% tax on the cost of hotel rooms with a charge of over US$30 a night. It also added taxation of US$5 on all plane tickets. The revenue generated by these taxes will be used by INTUR to promote travel and tourism in Nicaragua both domestically and internationally.

Samples (FAQs about samples):

doc_pdf.pngSample Travel and Tourism Market Research Report

doc_excel_table.pngSample Travel and Tourism Data

Delivery: Files are delivered directly into your account within a few minutes of purchase.

Overview

Discover the latest market trends and uncover sources of future market growth for the Travel and Tourism industry in Nicaragua with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Travel and Tourism industry in Nicaragua, our research will save you time and money while empowering you to make informed, profitable decisions.

When you purchase this report, you also get the data and the content from these category reports in Nicaragua for free:

The Travel and Tourism in Nicaragua market research report includes:

  • Analysis of key supply-side and demand trends
  • Detailed segmentation
  • Historic volumes and values, company and brand market shares
  • Five year forecasts (of market share, market trends, market growth)
  • Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

  • What is the market size of Travel and Tourism in Nicaragua?
  • What are the major brands in Nicaragua?
  • What are the major brands in Nicaragua?  

Why buy this report?

  • Gain competitive intelligence about market leaders
  • Track key industry trends, opportunities and threats
  • Inform your marketing, brand, strategy and market development, sales and supply functions

This industry report originates from Passport, our Travel And Tourism market research database.

Each report is delivered with the following components:
Report: PDF and Word
Market statistics: Excel workbook

Table of Contents

Travel and Tourism in Nicaragua - Industry Overview

EXECUTIVE SUMMARY

Arrivals continues to grow in Nicaragua

Instituto Nicaraguense de Turismo engages in international promotion

Private tourism investments grow in Nicaragua

Promotion of domestic tourism in 2011

Increase in tourism taxation in 2011

KEY TRENDS AND DEVELOPMENTS

Economic recovery creates opportunities

The influence of INTUR on travel and tourism strategy in Nicaragua

Private investment in travel and tourism increases in Nicaragua

BALANCE OF PAYMENTS

  • Table 1 Balance of Tourism Payments: Value 2006-2011

MARKET DATA

  • Table 2 Departures by Destination: 2006-2011
  • Table 3 Departures by Mode of Transport: 2006-2011
  • Table 4 Departures by Purpose of Visit: 2006-2011
  • Table 5 Outgoing Tourist Expenditure: Value 2006-2011
  • Table 6 Forecast Departures by Destination: 2011-2016
  • Table 7 Forecast Departures by Mode of Transport: 2011-2016
  • Table 8 Forecast Departures by Purpose of Visit: 2011-2016
  • Table 9 Forecast Outgoing Tourist Expenditure: Value 2011-2016
  • Table 10 Domestic Tourism by Purpose of Visit and by Mode of Transport: 2006-2011
  • Table 11 Domestic Tourist Expenditure: Value: 2006-2011
  • Table 12 Forecast Domestic Tourism by Purpose of Visit and by Mode of Transport: 2011-2016
  • Table 13 Forecast Domestic Tourist Expenditure: Value: 2011-2016
  • Table 14 Tourist Attractions: Value 2006-2011
  • Table 15 Tourist Attractions Online Sales: Internet Transaction Value 2006-2011
  • Table 16 Forecast Tourist Attractions: Value 2011-2016
  • Table 17 Forecast Tourist Attractions Online Sales: Internet Transaction Value 2011-2016
  • Table 18 Health and Wellness Tourism Sales: Value 2006-2011
  • Table 19 Forecast Health and Wellness Tourism Sales: Value 2011-2016

DEFINITIONS

Tourism Flows

Travel Accommodation

Transportation

Car Rental

Travel Retail

Travel Retail Online Sales

Tourist Attractions

Health and Wellness

SOURCES

  • Summary 1 Research Sources

CAR RENTAL IN NICARAGUA

Headlines

Trends

Prospects

CATEGORY DATA

  • Table 20 Car Rental Sales: Value 2006-2011
  • Table 21 Car Rental Online Sales: Internet Transaction Value 2006-2011
  • Table 22 Forecast Car Rental Sales: Value 2011-2016
  • Table 23 Forecast Car Rental Online Sales: Internet Transaction Value 2011-2016

TOURISM FLOWS INBOUND IN NICARAGUA

Headlines

Trends

Prospects

CATEGORY DATA

  • Table 24 Arrivals by Country of Origin: 2006-2011
  • Table 25 Arrivals by Mode of Transport: 2006-2011
  • Table 26 Arrivals by Purpose of Visit: 2006-2011
  • Table 27 Incoming Tourist Receipts: Value 2006-2011
  • Table 28 Forecast Arrivals by Country of Origin: 2011-2016
  • Table 29 Forecast Arrivals by Mode of Transport: 2011-2016
  • Table 30 Forecast Arrivals by Purpose of Visit: 2011-2016
  • Table 31 Forecast Incoming Tourist Receipts: Value 2011-2016

TRANSPORTATION IN NICARAGUA

Headlines

Trends

Prospects

CATEGORY DATA

  • Table 32 Transportation Sales by Category: Value 2006-2011
  • Table 33 Transportation Online Sales: Internet Transaction Value 2006-2011
  • Table 34 Forecast Transportation Sales by Category: Value 2011-2016
  • Table 35 Forecast Transportation Online Sales: Internet Transaction Value 2011-2016

TRAVEL ACCOMMODATION IN NICARAGUA

Headlines

Trends

Prospects

CATEGORY DATA

  • Table 36 Travel Accommodation Sales by Category: Value 2006-2011
  • Table 37 Travel Accommodation Outlets by Category: Units 2006-2011
  • Table 38 Travel Accommodation Online Sales: Internet Transaction Value 2006-2011
  • Table 39 Forecast Travel Accommodation Sales by Category: Value 2011-2016
  • Table 40 Forecast Travel Accommodation Outlets by Category: Units 2011-2016
  • Table 41 Forecast Travel Accommodation Online Sales: Internet Transaction Value 2011-2016

TRAVEL RETAIL IN NICARAGUA

Headlines

Trends

Prospects

CATEGORY DATA

  • Table 42 Travel Retail Sales: Value 2006-2011
  • Table 43 Travel Retail Online Sales: Internet Transaction Value 2006-2011
  • Table 44 Forecast Travel Retail Sales: Value 2011-2016
  • Table 45 Forecast Travel Retail Online Sales: Internet Transaction Value 2011-2016

Segmentation

This market research report includes the following:

  • Travel and Tourism
    • Car Rental
      • Car Rental by Category
        • Business Car Rental
          • Leisure Car Rental
          • Car Rental by Channel
            • Car Rental Online
              • Car Rental Offline
          • Demand Factors
            • Holiday Takers by Age
              • Leave Entitlement
              • Health and Wellness Tourism
                • Spas
                • Tourism Flows Domestic
                  • Domestic Tourism by Destination
                    • Domestic Tourism Travel by Purpose Of Visit
                      • Domestic Business Tourism
                        • Domestic Business Tourism By Air
                        • Domestic Business Tourism By Land
                        • Domestic Business Tourism By Rail
                        • Domestic Business Tourism By Sea
                      • Domestic Leisure Tourism
                        • Domestic Leisure Tourism By Air
                        • Domestic Leisure Tourism By Land
                        • Domestic Leisure Tourism By Rail
                        • Domestic Leisure Tourism By Sea
                  • Tourism Flows Inbound
                    • Arrivals
                      • Arrivals from Canada
                      • Arrivals from Costa Rica
                      • Arrivals from El Salvador
                      • Arrivals from Guatemala
                      • Arrivals from Honduras
                      • Arrivals from USA
                      • Other Countries Of Origin
                    • Arrivals by Mode Of Transport
                      • Air Arrivals
                        • Land Arrivals
                          • Rail Arrivals
                            • Sea Arrivals
                            • Arrivals by Purpose Of Visit
                              • Business Arrivals
                                • Leisure Arrivals
                              • Tourism Flows Outbound
                                • Departures by Country
                                  • Departures to Costa Rica
                                  • Departures to El Salvador
                                  • Departures to Guatemala
                                  • Departures to Honduras
                                  • Departures to USA
                                  • Other Destinations
                                • Departures by Mode Of Transport
                                  • Air Departures
                                    • Land Departures
                                      • Rail Departures
                                        • Sea Departures
                                        • Departures by Purpose Of Visit
                                          • Business Departures
                                            • Leisure Departures
                                          • Tourism Receipts and Expenditure
                                            • Balance Of Payments
                                              • Incoming Tourist Receipts
                                              • Outgoing Tourist Expenditure
                                            • Tourism Expenditure In-Country
                                              • Tourism Expenditure In-Country on Accommodation
                                                • Tourism Expenditure In-Country on Entertainment
                                                  • Tourism Expenditure In-Country on Excursions
                                                    • Tourism Expenditure In-Country on Food
                                                      • Tourism Expenditure In-Country on Shopping
                                                        • Tourism Expenditure In-Country on Travel Within Country
                                                          • Other Tourism Expenditure In-Country
                                                          • Tourism Expenditure by Residents
                                                            • Tourism Expenditure by Residents on Accommodation
                                                              • Tourism Expenditure by Residents on Entertainment
                                                                • Tourism Expenditure by Residents on Excursions
                                                                  • Tourism Expenditure by Residents on Food
                                                                    • Tourism Expenditure by Residents on Shopping
                                                                      • Tourism Expenditure by Residents on Travel Within Country
                                                                        • Other Tourism Expenditure by Residents
                                                                        • Domestic Tourist Expenditure
                                                                          • Incoming Tourist Receipts
                                                                            • Incoming Tourist Receipts by Geography
                                                                              • Incoming Tourist Receipts by Sector
                                                                              • Outgoing Tourist Expenditure
                                                                                • Outgoing Tourist Expenditure by Geography
                                                                                  • Outgoing Tourist Expenditure by Sector
                                                                                • Tourist Attractions
                                                                                  • Tourist Attractions by Category
                                                                                    • Tourist Attractions by Channel
                                                                                      • Tourist Attractions Online
                                                                                        • Tourist Attractions Offline
                                                                                    • Transportation
                                                                                      • Transportation by Category
                                                                                        • Air
                                                                                          • Air by Category
                                                                                            • Air by Channel
                                                                                              • Air Online
                                                                                                • Air Offline
                                                                                              • Air by Distance
                                                                                                • Airline Capacity
                                                                                                • Other Transportation
                                                                                                  • Other Transportation by Category
                                                                                                    • Other Transportation by Channel
                                                                                                      • Other Transportation Online
                                                                                                        • Other Transportation Offline
                                                                                                  • Transportation by Channel
                                                                                                    • Transportation Online
                                                                                                      • Transportation Direct Suppliers
                                                                                                        • Transportation Intermediaries
                                                                                                        • Transportation Offline
                                                                                                      • Travel Accommodation
                                                                                                        • Travel Accommodation by Category
                                                                                                          • Hotels
                                                                                                            • Hotels by Category
                                                                                                              • Hotels by Channel
                                                                                                                • Hotels Online
                                                                                                                  • Hotels Offline
                                                                                                              • Other Travel Accommodation
                                                                                                                • Other Travel Accommodation by Category
                                                                                                                  • Other Travel Accommodation by Channel
                                                                                                                    • Other Travel Accommodation Online
                                                                                                                      • Other Travel Accommodation Offline
                                                                                                                • Travel Accommodation by Channel
                                                                                                                  • Travel Accommodation Online
                                                                                                                    • Travel Accommodation Direct Suppliers
                                                                                                                      • Travel Accommodation Intermediaries
                                                                                                                      • Travel Accommodation Offline
                                                                                                                    • Travel Retail
                                                                                                                      • Travel Retail Sales by Category
                                                                                                                        • Travel Retail Accommodation Sales
                                                                                                                          • Travel Retail Car Rental Sales
                                                                                                                            • Travel Retail Cruise Sales
                                                                                                                              • Travel Retail Flight Sales
                                                                                                                                • Travel Retail Package Holidays Sales
                                                                                                                                  • Travel Retail Travel Insurance Sales
                                                                                                                                    • Travel Retail Other Transport Sales
                                                                                                                                      • Travel Retail Other Travel Retail Sales
                                                                                                                                      • Travel Retail Sales by Channel
                                                                                                                                        • Travel Retail Online Sales
                                                                                                                                          • Accommodation Online Sales
                                                                                                                                            • Car Rental Online Sales
                                                                                                                                              • Cruise Online Sales
                                                                                                                                                • Flight Online Sales
                                                                                                                                                  • Package Holidays Online Sales
                                                                                                                                                    • Travel Insurance Online Sales
                                                                                                                                                      • Other Transport Online Sales
                                                                                                                                                        • Other Travel Retail Online Sales
                                                                                                                                                        • Travel Retail Offline Sales
                                                                                                                                                          • Accommodation Offline Sales
                                                                                                                                                            • Car Rental Offline Sales
                                                                                                                                                              • Cruise Offline Sales
                                                                                                                                                                • Flight Offline Sales
                                                                                                                                                                  • Package Holidays Offline Sales
                                                                                                                                                                    • Travel Insurance Offline Sales
                                                                                                                                                                      • Other Transport Offline Sales
                                                                                                                                                                        • Other Travel Retail Offline Sales
                                                                                                                                                                      • Travel Retail Sales by Corporate Business vs Leisure
                                                                                                                                                                        • Travel Retail Corporate Business Sales
                                                                                                                                                                          • Corporate Business Accommodation Sales
                                                                                                                                                                            • Corporate Business Car Rental Sales
                                                                                                                                                                              • Corporate Business Cruise Sales
                                                                                                                                                                                • Corporate Business Flight Sales
                                                                                                                                                                                  • Corporate Business Package Holiday Sales
                                                                                                                                                                                    • Corporate Business Travel Insurance Sales
                                                                                                                                                                                      • Corporate Business Other Transport Sales
                                                                                                                                                                                        • Corporate Business Other Travel Retail Sales
                                                                                                                                                                                        • Corporate Business Offline Sales
                                                                                                                                                                                          • Corporate Business Online Sales
                                                                                                                                                                                            • Travel Retail Leisure Sales
                                                                                                                                                                                              • Leisure Accommodation Sales
                                                                                                                                                                                                • Leisure Car Rental Sales
                                                                                                                                                                                                  • Leisure Cruise Sales
                                                                                                                                                                                                    • Leisure Flight Sales
                                                                                                                                                                                                      • Leisure Package Holiday Sales
                                                                                                                                                                                                        • Leisure Travel Insurance Sales
                                                                                                                                                                                                          • Leisure Other Transport Sales
                                                                                                                                                                                                            • Leisure Other Travel Retail Sales
                                                                                                                                                                                                            • Leisure Offline Sales
                                                                                                                                                                                                              • Leisure Online Sales

                                                                                                                                                                                                          Statistics Included

                                                                                                                                                                                                          For each category and subcategory you will receive the following data in Excel format:

                                                                                                                                                                                                          From Passport

                                                                                                                                                                                                          • Market sizes
                                                                                                                                                                                                          • International arrivals by city
                                                                                                                                                                                                          • Internet transactions
                                                                                                                                                                                                          • Outbound departures by length
                                                                                                                                                                                                          • Regional hotel parameters

                                                                                                                                                                                                          Market size details:

                                                                                                                                                                                                          • Retail value retail selling price % growth
                                                                                                                                                                                                          • Retail value retail selling price local currency, USD, EUR, GBP, CHF, JPY
                                                                                                                                                                                                          • Retail value retail selling price per capita local currency, USD, EUR, GBP, CHF, JPY
                                                                                                                                                                                                          • Sites/outlets
                                                                                                                                                                                                          • Sites/outlets % growth
                                                                                                                                                                                                          • Sites/outlets per capita
                                                                                                                                                                                                          • Internet transaction value retail selling price % growth
                                                                                                                                                                                                          • Internet transaction value retail selling price local currency, USD, EUR, GBP, CHF, JPY
                                                                                                                                                                                                          • Internet transaction value retail selling price per capita local currency, USD, EUR, GBP, CHF, JPY
                                                                                                                                                                                                          • Number of bed nights
                                                                                                                                                                                                          • Number of bed nights % growth
                                                                                                                                                                                                          • Number of bed nights per capita
                                                                                                                                                                                                          • Number of trips
                                                                                                                                                                                                          • Number of trips % growth
                                                                                                                                                                                                          • Number of trips per capita
                                                                                                                                                                                                          • Number of rooms
                                                                                                                                                                                                          • Number of rooms % growth
                                                                                                                                                                                                          • Number of rooms per capita
                                                                                                                                                                                                          • Offline value retail selling price % growth
                                                                                                                                                                                                          • Offline value retail selling price local currency, USD, EUR, GBP, CHF, JPY
                                                                                                                                                                                                          • Offline value retail selling price per capita local currency, USD, EUR, GBP, CHF, JPY

                                                                                                                                                                                                          print

                                                                                                                                                                                                          Want to find out more about this report?

                                                                                                                                                                                                          If you purchase a report that is updated in the next 60 days, we will send you the new edition of the report and the data extract FREE!