Strong Currency Threatens Costa Rica's Tourism Industry...
International News
June 21, 2024
Costa Rica's booming tourism industry is facing challenges as the national currency strengthens. Fernando, a hotel employee, notes that fewer international visitors are booking stays, citing higher costs as a deterrent. Economist Daniel Suchar explains that the stronger currency makes Costa Rica a more expensive destination compared to its regional competitors. Local businesses reliant on tourism are feeling the pinch, prompting calls for measures to mitigate the impact.