The global pet care market is foretold to improve in the forthcoming years as matched to the preceding years and will showcase better sales in various market segments. It is estimated that the global pet care market will grow at a CAGR o…
BMI View: Costa Rica will experience strong inbound tourism growth in 2016, buoyed by improving
arrivals from the US, the country's key source market. Growth will remain steady throughout the forecast
period, making Costa Rica one of the most attractive tourism markets in Central America.
Key Updates And Forecasts:
? We forecast that tourist arrivals will grow by 4.3% in 2016, to 2.8mn, driven by a 5.6% rise in arrivals
from North America.
? Domestic income growth will continue to drive outbound tourism, which will grow by 8.8% in 2016, to
? The value of Costa Rica's hotel and restaurants industry will perform strongly in 2016, growing by 4.5%
to USD2.12bn and recording growth above 5% for the rest of the forecast period.