Costa Rica Tourism Market Size and Share

Costa Rica Tourism Market (2025 - 2030)
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Costa Rica Tourism Market Analysis by Mordor Intelligence

The Costa Rica tourism market reached USD 366.3 million in 2025 and is forecast to climb to USD 525.6 million by 2030, reflecting a 7.49% CAGR over the period. This sustained expansion underscores a resilient market size powered by a diversified demand mix spanning leisure, MICE, digital nomads, and regenerative travel experiences. Growth is reinforced by pro-tourism legislation such as the one-year tax-free digital nomad visa, continuing airport and roadway investments, and the country’s positioning as an eco-luxury haven that now hosts properties like Nekajui, a Ritz-Carlton Reserve, and Waldorf Astoria Costa Rica Punta Cacique VISITCOSTARICA.COM. International arrivals, representing 81.63% of total visitors in 2024, remain the revenue anchor, yet domestic trips are accelerating behind rising incomes and targeted Instituto Costarricense de Turismo (ICT) campaigns. Value creation is shifting toward curated travel services and destination-management solutions, while the Certificate for Sustainable Tourism (CST) program elevates the importance of verified environmental credentials across the Costa Rica tourism market.

Key Report Takeaways

  • By origin, international travelers supplied 81.63% of the Costa Rica tourism market share in 2024; domestic trips are expanding at a 9.87% CAGR through 2030.
  • By type, accommodation services captured 67.39% of the Costa Rica tourism market share in 2024, whereas travel services are forecast to compound at 11.75% annually through 2030.
  • By purpose, leisure retained 78.87% share of the Costa Rica tourism market size in 2024; the MICE segment is advancing 13.49% per year to 2030.

Segment Analysis

By Origin: Domestic Upswing Balances International Dominance

The domestic tourism segment in Costa Rica is growing rapidly at a 9.87% CAGR through 2030, outpacing the international segment despite holding only 18.37% market share in 2024. Rising disposable incomes drive this surge, improved national connectivity, such as the Circunvalación Norte highway, and targeted internal tourism campaigns under the CABEI Infrastructure Program. In contrast, the international segment maintains an 81.63% share due to Costa Rica’s strong presence in North American and European markets. Its success is supported by robust airline connectivity and long-established tourism infrastructure. Notably, domestic travel patterns are evolving, with local families increasingly opting for luxury accommodations and curated experiences. 

Domestic tourism in Costa Rica is bolstered by economic stability, with OECD projecting 3.1% GDP growth through 2025–2026, supporting increased discretionary travel spending. This growth allows hospitality operators to benefit from more consistent, year-round revenue, as domestic travelers are less bound to peak seasons. International tourism remains resilient, with 2024 arrivals reaching around 2.8 million, a 13% year-over-year increase per CBRE Hotels. Despite global economic uncertainty, Costa Rica continues to attract strong international demand. Both domestic and international tourists are increasingly influenced by the Certificate for Sustainable Tourism (CST) program. Travelers are actively choosing CST-certified accommodations and tour providers, reflecting a shift toward more sustainable travel behaviors.

Costa Rica Tourism Market: Market Share by Origin
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By Type: Travel Services Innovation Outpaces Accommodation

The Travel Services segment in Costa Rica is accelerating rapidly, with an 11.75% CAGR, signaling a major shift toward curated, experience-based tourism. This growth surpasses the Accommodation Services segment, which, despite holding a 67.39% market share in 2024, is growing at a slower pace. The rise of experiential travel reflects changing visitor preferences, favoring immersive activities over traditional lodging-focused trips. Destination management companies (DMCs) like Swiss Travel Service and Costa Rican Trails are driving this shift with regenerative tourism offerings that blend conservation efforts with sightseeing. These packages appeal to environmentally conscious travelers seeking deeper engagement with local ecosystems and communities.

Digital nomads also fuel growth in Travel Services, as they require extended-stay support, coworking access, and community integration services beyond standard hospitality. Meanwhile, Accommodation Services remain dominant due to continued infrastructure investments, including the addition of 15 new hotels in 2024. Notable openings such as the luxury Silvestre Nosara Hotel & Residences highlight the segment’s premium growth, particularly in eco-lodging. However, the segment faces internal divergence: luxury properties thrive while budget hotels face rising operational costs. Innovation in Travel Services includes tech-driven platforms like Tico Treasures, launched in March 2025, connecting visitors with local artisans for authentic cultural exchanges. This points to a broader industry trend toward personalization and cultural immersion. 

Costa Rica Tourism Market: Market Share by Type
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By Purpose: MICE Momentum Redefines Seasonality

MICE tourism in Costa Rica is experiencing exceptional growth at a 13.49% CAGR, making it the fastest-expanding segment in the market. This surge is driven by Costa Rica’s emergence as a regional business hub, supported by near-shoring trends and increased multinational corporate presence. Companies are hosting more conferences, training sessions, and events, boosting demand for MICE-related services. Purpose-built venues like those at Westin Reserva Conchal and facilities in Guanacaste blend business functionality with natural appeal, enhancing the destination's attractiveness. Corporate planners favor Costa Rica for its timezone alignment with North America, political stability, and distinctive team-building options.

Despite MICE growth, Leisure travel remains dominant with a 78.87% market share, reflecting continued interest in eco-tourism, adventure, and wellness offerings. Luxury properties like Waldorf Astoria Costa Rica Punta Cacique reinforce the country’s upscale positioning in this segment. Business travel accounts for 9.5% of the market, driven by the establishment of regional headquarters and expanding corporate operations. Visiting Friends & Relatives (VFR) tourism is also growing, supported by a rising population of digital nomads and retirees. Religious tourism continues as a small but consistent niche. The “Other Purposes” segment is diversifying to include medical and educational travel. This broad segmentation reduces market vulnerability and promotes stable revenue streams for tourism operators.

Competitive Landscape

The Costa Rica tourism market is highly fragmented, with the top five companies accounting for just 15% of the total market share. This fragmentation highlights significant white-space opportunities for both global hospitality brands and niche local operators to capture value through targeted positioning. The diversity of the market spans luxury resorts, eco-lodges, adventure tours, destination management firms, and transport providers, each catering to distinct traveler profiles and budget ranges. Despite recent luxury hotel launches, overall market concentration remains low due to the strong presence of small and medium enterprises. These locally rooted businesses offer authentic experiences that increasingly resonate with modern travelers seeking alternatives to standardized tourism.

A clear strategic split has emerged between international chains and local operators in Costa Rica’s tourism sector. Global brands such as Ritz-Carlton Reserve’s Nekajui and the Waldorf Astoria Costa Rica Punta Cacique focus on high-end luxury experiences to capture affluent markets. In contrast, domestic players lean into sustainable tourism, leveraging community engagement and environmental stewardship to stand out. This bifurcation reflects broader traveler preferences where one segment values exclusivity and comfort, while another prioritizes meaningful, eco-conscious travel. Both approaches succeed by aligning deeply with evolving consumer expectations.

Technology is playing a growing role in shaping competitive dynamics within the market. Platforms like Tico Treasures, launched in March 2025, digitally connect tourists with local artisans, supported by partnerships with Mastercard and Banco de Costa Rica. Such innovations offer operators new ways to enhance guest engagement and promote cultural authenticity. Additionally, the Certificate for Sustainable Tourism (CST) is becoming an industry benchmark, offering early adopters access to premium distribution networks. For operators lacking CST certification, however, this creates entry barriers, further differentiating the market by sustainability performance and compliance.

Costa Rica Tourism Industry Leaders

  1. Marriott International

  2. Hilton Worldwide

  3. Four Seasons Hotels & Resorts

  4. Swiss Travel Service

  5. Selina Hospitality

  6. *Disclaimer: Major Players sorted in no particular order
Costa Rica Tourism Market Concentration
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Recent Industry Developments

  • July 2025: Pursuit acquired Tabacón Thermal Resort & Spa, expanding the Canadian company's portfolio of unique natural attractions and positioning for growth in Costa Rica's luxury wellness tourism segment. This acquisition represents Pursuit's first Central American investment and signals growing institutional investor confidence in Costa Rica's tourism infrastructure.
  • July 2025: Juan Santamaría International Airport implemented electronic immigration gates to improve passenger processing efficiency during peak travel periods. The technology upgrade addresses capacity constraints by reducing immigration processing times, though fundamental terminal and runway limitations persist.
  • April 2025: Waldorf Astoria Costa Rica Punta Cacique opened as the brand's first property in Costa Rica, featuring 180 rooms and suites on the Guanacaste Peninsula. The luxury resort opening elevates Costa Rica's premium hospitality positioning and demonstrates continued international brand confidence in the market.
  • February 2025: Nekajui, a Ritz-Carlton Reserve, opened as the first Ritz-Carlton property in Central America, featuring 30 suites and villas on the Osa Peninsula. The ultra-luxury resort opening establishes new benchmarks for premium eco-luxury hospitality in Costa Rica.

Table of Contents for Costa Rica Tourism Industry Report

1. Introduction

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Growing air-lift from secondary U.S. cities
    • 4.2.2 Expansion of luxury eco-lodges in Osa & Nicoya
    • 4.2.3 ICT “Pura Vida” re-branding in high-value markets
    • 4.2.4 Near-shoring wave boosting corporate travel inflows
    • 4.2.5 Digital nomad visa (Law 10008) uptake
    • 4.2.6 Rise of regenerative-tourism packages by DMCs
  • 4.3 Market Restraints
    • 4.3.1 Airport slot scarcity at SJO & LIR
    • 4.3.2 Rising eco-tax proposals on protected areas
    • 4.3.3 High season hotel ADR inflation vs. regional peers
    • 4.3.4 Limited cruise-port berthing depth
  • 4.4 Value / Supply-Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter's Five Forces
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Competitive Rivalry

5. Market Size & Growth Forecasts

  • 5.1 By Origin
    • 5.1.1 Domestic
    • 5.1.2 International
  • 5.2 By Type
    • 5.2.1 Accommodation Services
    • 5.2.2 Travel Services
  • 5.3 By Purpose
    • 5.3.1 Leisure
    • 5.3.2 Business
    • 5.3.3 Visiting Friends & Relatives (VFR)
    • 5.3.4 Religious
    • 5.3.5 Meetings-Incentives-Conferences-Exhibitions (MICE)
    • 5.3.6 Other Purposes

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products & Services, and Recent Developments)
    • 6.4.1 Marriott International
    • 6.4.2 Hilton Worldwide
    • 6.4.3 Four Seasons Hotels & Resorts
    • 6.4.4 Grupo Islita (Punta Islita & El Mangroove)
    • 6.4.5 Selina Hospitality
    • 6.4.6 Grupo Marta (DoubleTree by Hilton)
    • 6.4.7 Nayara Resorts
    • 6.4.8 Cayuga Collection
    • 6.4.9 Swiss Travel Service
    • 6.4.10 Costa Rican Trails
    • 6.4.11 Amstar DMC
    • 6.4.12 Gray Line Costa Rica
    • 6.4.13 Adobe Rent a Car
    • 6.4.14 Vamos Rent-A-Car
    • 6.4.15 SANSA Airlines
    • 6.4.16 Nature Air Charter
    • 6.4.17 Copa Airlines
    • 6.4.18 Avianca
    • 6.4.19 American Airlines
    • 6.4.20 Southwest Airlines

7. Market Opportunities & Future Outlook

  • 7.1 Development of carbon-neutral tourism corridors (PAC electrified transport, solar micro-grids)
  • 7.2 Multi-country “Pacific Trek” package linking Costa Rica-Panama-Colombia biodiversity hotspots
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Costa Rica Tourism Market Report Scope

The Costa Rica Tourism Market can be segmented on the basis of type (local/domestic, international) and by purpose (Adventure, Business, Medical, Sea Farming, and others).

Costa Rica is located in parts of North America and the Central American region. Market prospects are excellent in a variety of sectors, including building products, construction equipment, hotel and restaurant equipment, solar energy, franchising, cosmetics, auto parts and service equipment, electric vehicles and related equipment, pharmaceuticals, packaging, education, and tourism to the Costa Rica market. The report offers market size and forecasts for the US Real Estate Services Market in value (USD) for all the above segments.

By Origin
Domestic
International
By Type
Accommodation Services
Travel Services
By Purpose
Leisure
Business
Visiting Friends & Relatives (VFR)
Religious
Meetings-Incentives-Conferences-Exhibitions (MICE)
Other Purposes
By Origin Domestic
International
By Type Accommodation Services
Travel Services
By Purpose Leisure
Business
Visiting Friends & Relatives (VFR)
Religious
Meetings-Incentives-Conferences-Exhibitions (MICE)
Other Purposes
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Key Questions Answered in the Report

What is the forecast value of the Costa Rica tourism market by 2030?

The Costa Rica tourism market is projected to reach USD 525.6 million by 2030 on the back of a 7.49% CAGR.

Which segment is growing the fastest in Costa Rica’s travel ecosystem?

The MICE segment leads with a 13.49% CAGR through 2030, fueled by near-shoring and corporate event demand.

How significant is domestic tourism in Costa Rica?

Domestic travel currently accounts for 18.37% of revenue but is expanding 9.87% per year, outpacing international growth.

What role do luxury eco-lodges play in market growth?

Properties such as Nekajui and Waldorf Astoria Punta Cacique drive premium ADRs above USD 1,200 and reinforce Costa Rica’s eco-luxury positioning.

Which geographic source market is accelerating the quickest?

Asia-Pacific leads with a 6.70% CAGR, reflecting successful ICT diversification campaigns and improving air connectivity.

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