Consumer durables is a cataloguing of consumer goods that are not essential to be bought very often as they are fashioned in a way so as to last for an extended period of time. Profits in the consumer durables sector were most profoundly…
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.