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International News: Strong Currency Threatens Costa Rica's Tourism Industry

  

June 21, 2024     Share on   facebook   Twitter

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.