Vacation Properties: Increasing interest in Central America


News from Panama / Monday, July 13th, 2020

After an abrupt drop reported in March and April in consumer interactions associated with vacation properties, since the beginning of May in all markets of the region interest in this topic has rebounded.

Through a system that monitors changes in consumer interests and preferences in Central American countries in real time, developed by CentralAmericaData, it is possible to project short and long term demand trends for the different products, sectors and markets that operate in the region.

The figures of the Panamanian market, which the issue of vacation properties, has reported a decline since February 16 and stopped on April 26. According to the data on consumer interactions associated with the issue, which since May 10 there has been a rise in interest, which continued until June.

In Guatemala since mid-March, the decrease in interest has been reflected in the short term trend. However, as of May 3, a sustained rise in Internet interactions began to be reported.

In the case of the Costa Rican market, the situation is similar, since May 3rd there has been a rebound in consumer interest in vacation properties.

In the markets of El Salvador and Honduras, interest in this type of property has also rebounded, as for both cases since the first weeks of May, the number of consumer interactions has increased.

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