President authorizes $30 Million Convention Centre Project.
Costa Rican President, Laura Chinchilla approved the Convention Centre Project as part of the inauguration of Central America’s most significant tourism industry event, ExpoTur, on Wednesday, May 11th. The event was held at the recently renovated National Theater in downtown San Jose.
Costa Rica travel and tourism: important players in the country’s development
The approval of $30 million convention centre to be located in Barreal, Heredia is a clear indication that the Costa Rica tourism industry is going from strength to strength. Investor confidence has contributed to the rapid expansion and changing face of Costa Rican tourism.
“This is a very special moment,” Chinchilla said. “Enhancing the country’s infrastructure and bringing in foreign investors will play an important role for the future of [Costa Rica].”
Costa Rica business tourism expected to keep occupancy high
The expansive convention centre with a capacity of 3,000 will be fully equipped with the latest communication technology. The convention centre will be an important asset used to promote Costa Rica as a location for business tourism. It will be used to hold seminars, fairs, and meetings in Costa Rica’s capital of San Jose. It is also being seen as an excellent way to ensure occupancy levels of nearby hotels and city vacation rentals remain high even during the countries low tourist season.
The project will be funded in equal parts by the Banco Nacional, Banco de Costa Rica and the Costa Rican Tourism Institute and is expected to be completed by early 2014.
Costa Rica: not just a popular vacation destination
Although Costa Rica continues to be a popular vacation destination, the country is focusing on developing niche markets in destination wedding and medical tourism packages. Corporate events are also considered to be an important part of the changing face of Costa Rican vacations.
Furthermore, as the majority of visitors to Costa Rica arrive at the Juan Santamaria International Airport in San Jose, great efforts are being made to further develop the capital’s attractions. The convention centre is seen as an essential part of this strategy.
Costa Rica tourism figures are on the up
Allan Flores, the Costa Rica Minister of Tourism said that tourism arrival figures demonstrate that Costa Rica has ridden out the worldwide economic crisis and has recovered through innovation. He confirmed, “In the first three months of 2011, we are seeing an average of 7.8 percent more people coming into [Costa Rica].”