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.
  • April 2024: Nivea expanded its anti-aging product portfolio by launching the Q10 Dual Action serum. The company claims that the serum targets sugar-induced skin aging and wrinkle formation. The formula was designed to prevent protein glycation in the dermis skin layer, protecting collagen and elastin from damage. 
  • March 2024: L'Oréal Canada launched SkinBetter Science, a medical aesthetic skincare brand, adding it to the L'Oréal Dermatological Beauty (LDB) division. The brand claimed that SkinBetter Science is currently distributed across Canada and on the www.skinbetter.ca website.
  • March 2024: Dermalogica launched its new product - Circular Hydration Serum. The product comprises hyaluronic acid and algae extracts, forming a moisturizing matrix that delivers rapid and enduring hydration. This dynamic combination forms a protective barrier, safeguarding skin against moisture loss.
  • September 2023 - Revvity released many advanced preclinical imaging technologies across multiple applications in preclinical research. These new innovations consist of the IVIS SpectrumCT 2 and next-generation IVIS Spectrum 2 imaging systems. This increases the sensitivity standards and versatility of in vivo optical imaging.
  • October 2023 - Abbott launched Ultreon 1.0, a coronary imaging software in India. This software merges optical coherence tomography (OCT) with artificial intelligence (AI), providing physicians with a view of blood flow and blockages within coronary arteries. The software can differentiate between calcified and non-calcified blockages, detect the severity of calcium-based blockages, and measure vessel diameter. It also aids physicians in guiding stent deployment and ensuring optimal stent expansion.
  • March 2024 - Akeneo announced it had launched the Akeneo PIM App for Salesforce on Salesforce AppExchange, an enterprise marketplace for partner apps and experts. The Akeneo App for Salesforce empowers customers to leverage complete, compelling, and consistent product information to unlock the full potential of Salesforce. Akeneo’s Product Cloud enables businesses to ingest, normalize, enrich, and centralize product information through enterprise-grade data modeling, governance, and workflows.
  • February 2024 - Salsify announced the general availability of Salsify PXM Advance, a new version of the Salsify platform that raises the business value customers can achieve from their product experience management operations.
  • March 2024: Energea, an online investment platform that provides access to portfolios of renewable energy projects, announced the completion of 12 new projects in its Community Solar in Brazil portfolio. These latest additions mark a significant milestone in Energea's mission to provide sustainable and efficient energy solutions across Brazil.
  • October 2023: ENGIE Brasil Energia awarded ANDRITZ a contract for the modernization of the 424 MW Jaguara hydropower plant. The ANDRITZ scope of supply includes the modernization of the four Francis turbine-generator units with a capacity of 106 MW each, governors, excitation system, automation system, and all related auxiliary systems. ANDRITZ Hydro Brazil will execute the contract.
  • February 2024: The French development agency, Agence Française de Développement, announced that it was seeking to engage individual regional or international specialists to form a panel of experts to provide technical assistance services for the development of the 1.2 GW Bac Ai pumped-storage hydropower plant in the Ninh Thuan province of Vietnam.
  • January 2024: Nexif Ratch Energy Investments Pte. Ltd, an owner/operator of clean-energy power, acquired the 30 MW Minh Luong hydropower plant, a run-of-river facility with peak-hour storage in Lao Cai province, Vietnam. The acquisition contributes to strengthening the Nexif Ratch Energy portfolio’s growth path in renewables and will create a stable and recurring income through a long-term power purchase agreement.
  • April 2024 - Berry Global Group, Inc. has invested in additional assets and manufacturing capacity to increase its healthcare production capacity by up to 30% at three European sites. and Berry’s strategically located sites in France and Italy ( are close to pharma manufacturing sites and filling site centers, allowing for quick response times and localized service.
  • February 2024 - Riversideto demerge Shawpack, which is a medical device packaging machinery manufacturer, into a separate legal trading entity reflected a strategic move to focus on and strengthen its position as a key supplier to the global medical device packaging industry.
  • April 2024: Mahindra Group, a conglomerate that spans technology to tractor manufacture, announced an investment of INR 12 billion (USD 144 million) in the establishment of solar and wind energy projects. The renewable projects are likely to be developed by Mahindra Susten, the group's renewable, with a hybrid capacity of 150 megawatts (MW).
  • November 2023: The UK government increased wind farm subsidies offshore by 66%. Prior to Allocation Round 6 (AR6) of next year, the maximum strike price for suspended offshore wind projects was raised by 52%, from EUR 116/MWh to EUR 176/MWh, and by 66% for offshore wind projects, from EUR 44 (USD 54.5)/MWh to EUR 73/MWh.

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