Costa Rica Tourism News

Recent industry report about Costa Rica Tourism company news, including latest market trends and industry updates in 2024. This sector news is compiled by Mordor Intelligence™ Costa Rica Tourism Market industry experts.

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Costa Rica Tourism News

  • March 2023: Expedia Group announced a new API partnership with Wheel the World, a travel booking platform for accessible travelers in wheelchairs, effectively enhancing a seamless, end-to-end travel experience for travelers with disabilities. Through this partnership, Expedia Group will serve as the exclusive partner to power Wheel the World's lodging supply. Through Expedia Group's Rapid API technology, Wheel the World customers will have access to Expedia Group's extensive directly sourced hotel inventory with the ability to filter properties by their accessibility needs and preferences.
  • November 2022: Booking Holdings, the world's leading provider of online travel and related services, expanded the Travel Sustainable program to relevant brands across the Booking Holdings family. The news marked the company's delivery of its commitment to launch its first-of-its-kind program for accommodations enterprise-wide by the end of 2023. Travel Sustainable provides credible information on impactful sustainability efforts taken by properties worldwide. It gives travelers a transparent, consistent, and easy-to-understand way to identify a wider range of more sustainable stays, no matter where they want to travel.
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  • March 2023: Expedia Group announced a new API partnership with Wheel the World, a travel booking platform for accessible travelers in wheelchairs, effectively enhancing a seamless, end-to-end travel experience for travelers with disabilities. Through this partnership, Expedia Group will serve as the exclusive partner to power Wheel the World's lodging supply. Through Expedia Group's Rapid API technology, Wheel the World customers will have access to Expedia Group's extensive directly sourced hotel inventory with the ability to filter properties by their accessibility needs and preferences.
  • November 2022: Booking Holdings, the world's leading provider of online travel and related services, expanded the Travel Sustainable program to relevant brands across the Booking Holdings family. The news marked the company's delivery of its commitment to launch its first-of-its-kind program for accommodations enterprise-wide by the end of 2023. Travel Sustainable provides credible information on impactful sustainability efforts taken by properties worldwide. It gives travelers a transparent, consistent, and easy-to-understand way to identify a wider range of more sustainable stays, no matter where they want to travel.
  • February 2023: Sunway RE Capital expanded its student accommodation portfolio by acquiring Freehold purpose-built student accommodation, green word court, in Southampton, UK. The facility has 223 beds arranged as 217 non-en suites and 16 studios. The facility is just a few miles from the University of Southampton's Highfield and Bolderwood campuses.
  • March 2022: Unite group sold a portfolio of 11 student accommodation properties with almost 4,500 beds at a price of more than GBP 306 Mn to an affiliate of Loan Star Funds. The disposal was a part of the group's proactive portfolio management strategy, resulting in increased alignment with high and mid-ranked universities delivering the most excellent quality and value to students.
  • March 2023: Expedia Group announced a new API partnership with Wheel the World, a travel booking platform for accessible travelers in wheelchairs, effectively enhancing a seamless, end-to-end travel experience for travelers with disabilities. Through this partnership, Expedia Group will serve as the exclusive partner to power Wheel the World's lodging supply. Through Expedia Group's Rapid API technology, Wheel the World customers will have access to Expedia Group's extensive directly sourced hotel inventory with the ability to filter properties by their accessibility needs and preferences.
  • November 2022: Booking Holdings, the world's leading provider of online travel and related services, expanded the Travel Sustainable program to relevant brands across the Booking Holdings family. The news marked the company's delivery of its commitment to launch its first-of-its-kind program for accommodations enterprise-wide by the end of 2023. Travel Sustainable provides credible information on impactful sustainability efforts taken by properties worldwide. It gives travelers a transparent, consistent, and easy-to-understand way to identify a wider range of more sustainable stays, no matter where they want to travel.
  • February 2024: The Netherlands became the first new country to join the Close the Glass Loop partnership since its inception in June 2020. Close the Glass Loop, an initiative by the European Container Federation (FEVE), aims to integrate the glass collection and recycling value chain. By joining, the Netherlands aligns with national platforms from Austria, Belgium, France, Germany, Ireland, Italy, Poland, Portugal, Spain, Sweden, and the United Kingdom. The launch meeting for Close the Glass Loop Netherlands took place at Ardagh Group's glass factory in Dongen, bringing together key stakeholders from the Dutch glass collection and recycling industries.
  • September 2023: Ardagh Glass Packaging (AGP) installed a new furnace in Obernkirchen, Germany, which is set to reduce CO2 emissions. According to AGP, the technology at the furnace is designed to use 80% renewable electricity and 20% gas. It added that emissions could be reduced by as much as 60%.
  • April 2024: Westlake Corporation unveiled a new line of epoxy products designed to combat yellowing. The company's efforts to develop lower yellowing epoxy products are driven by the need to provide customers with high-performance materials that can meet the increasingly stringent requirements of various industries, such as electronics, automotive, and construction, where epoxy resins are widely used.
  • October 2023: Robnor ResinLab, a leading epoxy formulator, introduced its newest product, the bio-based epoxy resin PX806C. By introducing PX806C, Robnor ResinLab aims to support its customers' efforts to develop more sustainable products and contribute to a more environmentally sustainable supply chain.
  • February 2022: Westlake Chemical Corporation acquired the epoxy-based coatings and composite divisions from Hexion Holdings Corporation for USD 1.2 billion. The acquisition includes specialty epoxies, base epoxy resins, and intermediates. Through this move, Westlake aims to strengthen its integrated operations and expand its portfolio with a significant array of epoxy-based coatings and composite offerings.
  • April 2024: Sonoco, a global provider of packaging solutions, inaugurated a state-of-the-art protective packaging manufacturing facility in Saltillo, Mexico. This new facility is set to provide Sonoco's proprietary Sonobase carriers and other protective packaging components to Mabe, a prominent player in appliance manufacturing.
  • February 2024: Aptar CSP Technologies, a division of AptarGroup Inc. and a frontrunner in active material science, teamed up with ProAmpac, a pioneer in material science and flexible packaging. The company has unveiled the ProActive Intelligence Moisture Protect (MP-1000). This advanced platform seamlessly integrates Aptar CSP’s exclusive 3-Phase Activ-Polymer technology with ProAmpac’s advanced flexible blown film technology, resulting in a moisture-adsorbing flexible packaging solution that's currently patent-pending.
  • September 2024 - BlackRock and Microsoft partner to launch a fund for AI infrastructure investment. The fund aims to invest in data centers and power infrastructure to support AI technology development.
  • September 2024 - AWS plans to invest $10.4 billion in cloud data centers for AI infrastructure expansion. The investment aims to increase capacity for AI workloads and cloud computing resources.
  • April 2024 - Nvidia acquires Run:ai, an AI infrastructure orchestration and management company. The acquisition aims to enable Nvidia customers to optimize their AI computing resources.
  • February 2023 - SolarEdge acquired Hark Systems, expanding its IoT and energy analytics capabilities for corporate and industrial clients.
  • April 2023 - Globalworth partnered with Honeywell to deploy connected technologies in its commercial buildings in Romania and Poland, improving operational efficiency and reducing energy consumption.
  • July 2024 - Coesia and PWR have unveiled a strategic partnership, targeting new business opportunities through technological and geographical synergies. Teaming up with PWR, Coesia is set to broaden its offerings, delivering comprehensive automated packaging solutions rooted in robotics and vision systems. This move promises enhanced productivity and adaptability, especially in intricate production settings.
  • April 2024 - BOBST, one of the global frontrunners in providing equipment and services to packaging and label manufacturers, unveiled its strategic alliance with PACKITOO. Hailing from France, PACKITOO specializes in crafting digital solutions for the packaging realm. Their flagship offering, HIPE, is a web-centric sales tool designed specifically for the packaging sector. It streamlines the quotation process, oversees packaging projects, and facilitates web-to-pack e-commerce for printers and converters. This collaboration underscores BOBST's commitment to digitizing and interlinking the entire packaging value chain, bridging brand owners, converters, and equipment suppliers.
  • August 2024 - Inovar Packaging Group acquires The Kennedy Group, a label printing company with facilities in Ohio and Pennsylvania. The acquisition expands Inovar's label production capabilities and increases its presence in the Midwest and Northeast regions of North America.
  • June 2024 - Omni Systems opens a new label printing facility in St. Charles, Missouri. The facility focuses on production of custom-printed labels for the consumer-packaged goods industry in the United States.
  • March 2024 - Resource Label Group acquires Labelcraft, a custom label manufacturer with locations in Toronto, Canada and Dallas, Texas. The acquisition expands Resource Label Group's presence in North America and adds Labelcraft's recyclable label release liner technology to its product offerings.

Costa Rica Tourism Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)