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Strong Colón Crushing Tourism Profits | Costa Rica News
Costa Rica’s tourism boom is hitting a snag: record visitor numbers aren’t translating into profits for hotels and restaurants, thanks to a strong colón that’s eroding dollar earnings. With businesses paying bills in local currency, the same revenue buys less, and the trend is reversing the gains seen in 2022 and 2023. Even as more tourists arrive, the colón’s strength is canceling out the boost, while a weaker dollar also lets Costa Ricans spend abroad — leaving tourism operators stuck between rising costs and falling margins. Listen in comfort:Get a discount on a Soli Pillow…
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