No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeNewsCosta Rican Hotels Project Over 80% Occupancy for End of 2023

Costa Rican Hotels Project Over 80% Occupancy for End of 2023

Hotel owners across Costa Rica have a positive outlook for the coming months, expecting over 80% average nationwide occupancy for the end of 2023, according to data from the Costa Rican Chamber of Hotels (CCH).

The comprehensive industry survey revealed ambitious projections, with mountain retreats leading at 87% occupancy, beachfront hotels at 84%, and city hotels not far behind at 72%.

Analyzed regionally, the data forecasts the Middle Pacific area – encompassing tourism hotspots like Jacó and Manuel Antonio – to top out at a staggering 97% hotel occupancy. Meanwhile the Caribbean region follows closely with 95% anticipated occupancy through the high season.

Zooming into popular zones, expectations remain high. Guanacaste and renowned mountain towns such as Monteverde are projected to maintain 87% occupancy. The Puntarenas region also looks strong at 84%.

However, industry experts provided more measured occupancy predictions for the Central Valley and South Pacific regions, at 74% and 68% respectively. In promising news, 48% of surveyed hoteliers reported rising occupancy numbers over 2022, while 37% indicated consistent guest numbers.

“We are thrilled to see robust tourism demand continuing, benefiting not just hotels but restaurant, local businesses, and tourism services,” said CCH Executive Director Flora Ayub.

The optimistic projections carry into early 2024, with 68% nationwide occupancy expected for January through March. Mountain lodges lead again at 85% with beach hotels at 77% and city hotels holding at 74%.

Industry leaders hope this positive momentum signals a broader economic ripple effect supporting jobs and small businesses relying on the region’s bustling tourism trade.

Trending Now

Drought Fears Grow as Costa Rica Water Megaproject Falls Behind

Guanacaste is heading into another period of water uncertainty as Costa Rica’s long-promised PAACUME water project remains far behind schedule, four years after the...

Costa Rica Suspends Airport Customs Officer in Alleged Tourist Scam

A customs official at Costa Rica's Daniel Oduber International Airport in Liberia, Guanacaste, has been suspended for four months while prosecutors investigate an alleged...

Costa Rica Soccer Team Rocked by Off-Field Problems Before England Match

Costa Rica’s men’s national team is facing another setback at the start of Fernando “Bocha” Batista’s rebuild, after three players were removed from camp...

Costa Rica Hosts Expotur 2026 as Tourism Arrivals Continue to Rise

Expotur, Costa Rica’s main tourism business fair, will return to San José from May 27 to 29, bringing international buyers and local tourism companies...

Guatemala Denies U.S. Military Strike Deal After Cartel Report

Guatemala’s government spent Thursday pushing back against reports that it had agreed to allow U.S. forces to carry out joint military strikes against drug-trafficking...

Costa Rica Extends Corporate Email Rule to End of 2026

Costa Rica's Legislative Assembly approved a measure in its first debate on Thursday that extends to December 31, 2026, the deadline for commercial companies...

Costa Rica Bus and Taxi Fares Rise After Fuel Price Spike

Costa Rica approved higher bus and taxi fares this week after a rise in international fuel prices pushed up operating costs for public transport...

Costa Rican Cinema Makes History With Cannes Acting Award

Costa Rican cinema reached a new milestone Friday, May 22, when actresses Daniela Marín Navarro and Mariángel Villegas shared the Best Actress award in...

Argentine Wave Sweeps Roland-Garros as Báez Retires, Burruchaga Makes History

Four Argentine men advanced to the second round of Roland-Garros today in a dramatic day for Latin American tennis, headlined by Román Burruchaga's first-ever...
🌴 The Weekly Pura Vida

Costa Rica, Once a Week

The week's top stories, weather & insider tips — delivered every Sunday. One email, zero clutter.

🔒 Free. No spam. Unsubscribe anytime.

Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador

Live prediction market odds via Kalshi. Updates every 60 seconds.
Kalshi is available to US residents 18+. The Tico Times may earn a commission from new signups.

Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel