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Last week

21.12.09

Calvet & Associates is now in Facebook!

By using Facebook, you can now follow our daily activities and read interesting industry comments as well as enjoy our gallery of pictures and...

23.09.09 | Nicaragua

Coastal Law Rules & Regulations

The final draft for the Rules and Regulations that will complete the new Coastal Law was finished today and presented to the Legislature for its...

22.07.09

Now in WordPress!

Calvet & Associates weekly publication and more interesting information is now also available at WordPress !! We keep growing and expanding in our...

14.07.09 | Nicaragua

Investments in Central America

Projects in Central America and in Nicaragua will need to present returns above 25% to compete with less risk and equal or better yield...

13.07.09 | Nicaragua

Hotel Industry Outlook

It is right after lunch in Los Angeles, California on Tuesday, July 7th, and some of the key players in the hospitality industry have been summoned...

13.07.09 | Nicaragua

The Investment Outlook

As Jeff Higley (Editor-in Chief of Hotel and Motel Management Magazine) said in his “Twitter” page on June 2, the IREFAC (Industry Real Estate...

13.07.09 | Nicaragua

The Smith Travel Research Opinion

One of the most prestigious tourism and hospitality research organizations in the U.S. is Smith Travel Research (STR). Through its division called...

13.07.09 | Nicaragua

Only good news during last two weeks!

It is refreshing to see good things happening even though we are all going through difficult times since the Sub-prime crisis. During the last two...

13.07.09 | Nicaragua

ProNicaragua, One of the World’s Best

PRONicaragua is the official investment promotion agency in Nicaragua. The agency recently qualified as one of the best promotional agencies in the...

11.07.09

Our new Calvet Weekly News Edition is up! please go to www.calvetreport.com and read the updated world hotel outlook for 2009 to 22011

11.07.09

07.07.09

The Hotel Industry Outlook

Today we attended the ALIS (American Lodging Investment Summit) Summer Update meeting held in Los Angeles, another successful conference organized...

06.07.09

Market Report for the Managua Hotel Market

We are presently visiting all the mayor hotels in Managua as well as a large number of small and medium hotels gathering information for our next...

30.06.09

New clients from Italy!

Congratulations to our first clients in ITALY!! After two intense months, the complete Feasibility Study and the Concept Design for their...

22.06.09 | Nicaragua

The New Coastal Law Finally Approved!

On the morning of October 16, 2004, people in London were drinking their morning coffee and reading the newspaper, “The Guardian”, in which...

22.06.09 | Nicaragua

Pivotal Concepts in the New Coastal Law

The most important element of the new Coastal Law is a very clear and explicit respect for private property which has been legally obtained. This...

22.06.09 | Nicaragua

A Challenge for Team Work

The new Coastal Law specifically mandates that government institutions and municipal authorities should work together with developers, property...

22.06.09 | Honduras

Getting to the Nitty-Gritty of the New Coastal Law

For those truly interested in delving into the details of the new law, this article will discuss its most important elements: • The new setback is...

22.06.09 | Nicaragua

Reactions to Approval of New Coastal Law

The approval of the Coastal Law immediately generated positive comments and reactions from the investment community. The Association of Investors...

26.05.09 | Nicaragua

Economic Battle Behind the Retirees Law

In recent weeks, the Tourism Institute presented an initiative from President Daniel Ortega to the Legislature (the Nicaraguan version of the U.S....

25.05.09 | Nicaragua

Signs of Recovery?

The cost of borrowing in dollars between banks had its biggest two-day drop in more than four months amid confidence record low interest rates and...

25.05.09 | Nicaragua

Granada – Fighting to Preserve Its Historical Legacy

Arriving a couple of days ago in Granada, “the colonial jewel of Nicaragua”, Joan Belden and Carol Kennicot of Denver, Colorado were excited to...

25.05.09 | Nicaragua

Nicaragua Financial and Economic Tips

· The inflation rate was 0% during the first four months of 2009, and the International Reserves at the Central Bank remained level at $1,128...

25.05.09 | Costa Rica

Costa Rica Financial and Economic Tips

The Central Bank of Costa Rica reported an increase in their International Reserves, reaching $4,085 million during the first 5 months of 2009,...

28.04.09 | Nicaragua

Nicaragua Risk Indicator Decreases

COPADES (Consultores para el Desarrollo Empresarial, S.A.), a think-tank directed by economist Nestor Avedaño whose group has more than 15 years’...

27.04.09 | Nicaragua

New marketing Tools Available to C&A’s Clients

There is nothing more important in today’s business world than “information management”. Long gone are the days when it was valid to say that...

27.04.09 | Costa Rica

New Hotels in Costa Rica Reinforce Confidence

Costa Rica is fighting the current economic crisis by showing renewed confidence in their products in an effort to prepare for an economic...

27.04.09 | Nicaragua

Nicaragua Financial and Economic Tips

January reported decreases in the industrial production, YTD -2.3%. Last year, the same month YTD presented an increase of 4.8%, as reported by the...

27.04.09 | Costa Rica

Costa Rica Financial and Economic Tips

The Latin American Economic Commission (CEPAL) has forecasted a 0.5% economic growth for Costa Rica during 2009, compared to a 1.4% average for the...

27.04.09 | Nicaragua

Our Newsletter Has New Distribution Engine

Calvet & Associates® has changed its CalvetWeeklyNews® email distribution method after a glitch was discovered in the original software program....

21.04.09 | Nicaragua

Highlands of Nicaragua - Still Undiscovered

Last weekend, with the sun at its highest point and the temperature at 104¢ªF, there was no mercy for Dr. Darwin Juarez, biologist and Calvet &...

21.04.09 | Nicaragua

Wall Street Makes an Impact on Nicaragua Interest Rates

It is true that Nicaragua is a country of contrasts, and its financial system is no exception. While in most countries the Central Banks are...

20.04.09 | Costa Rica

Costa Rica Financial and Economic Tips

Texas A&M University is opening the new Soltis Research and Education Center at San Isidro de Peñas Blancas, about two hours from San Jose, close...

20.04.09 | Nicaragua

Nicaragua Financial and Economic Tips

CABEI, the Central American Integration Bank, approved a $200 million dollar line of credit to the Nicaragua Central Bank. $100 million of these...

17.04.09 | Nicaragua

New Law 306 Approvals

Calvet & Associates congratulates the projects Milagro del Mar (at Gran Pacifica) and Soma Resort (in Tola) for the recent approval of Law 306...

04.04.09

The “Coastal Road” Is Dead; Long Live the “South Tourist Road”!

After 40 years of discussions, meetings, planning and more planning, the long-dreamed-about Coastal Road is still just that—a dream. The project,...

03.04.09

Could it be true? This time we think it might !

Eduardo Holmann, the hands-on former Mayor of San Juan del Sur, had lunch with us today (with the Association of Investors and Developers) and...

16.03.09 | Nicaragua

A successfull winter season is ending

The Canadian Charter season from Montreal to Montelimar is finishing next Tuesday. I was there to congratulate our team for an excellent job done....

12.03.09 | Nicaragua

The Coastal Law – Imminent Approval

After more than 4 years of discussions and arguments, it finally appears that the much-debated Coastal Law will reach the legislative floor of the...

12.03.09 | Nicaragua

New Hotel Opens in Managua

Standing on top of a high hill in Managua, Gerardo Caligari admired the newest addition to the hospitality industry in Managua, feeling proud but...

12.03.09 | Nicaragua

Developers and Investors working together!

The Association of Investors and Developers has been growing in the number of its members and definitively in importance and influence in the...

08.03.09 | Nicaragua

New Financial Strategies for 2009 and Beyond

“When the going gets tough, the tough get going.” How many times have we heard this line? It is more appropriate now than ever, as we never thought...

08.03.09

The Coastal Road, is it going to happen?

The Pacific Coast of Nicaragua has become a hot destination for real estate investors, developers, general tourists and surfers looking for the...

01.03.09 | Nicaragua

Cathie 2009 Investment Summit in Managua

BHN, the Burba Hotel Network, and Jim Burba, its President and CEO, a very well known and respected figure of the Hospitality Industry is actively...

19.11.07

New Companies Interested in Energy Distribution in Nicaragua

New Companies Interested in Energy Distribution in Nicaragua The minister of Energy and Mines has announced that five foreign companies are...

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rfcalvet (Strategic Support)

elias aleman (Finance Division)

tere.salgado1 (New Business Development)

darwin.juarez (Environmental Department)

ernesto.luna.gonzalez (Environmental Department)

Relevant News


Our Nicaragua Investment Portfolio

Hotel & Resorts
Condo Hotels
B&B/ Lodges
Entertainment
Restaurants
Tour Operators
Urban Developments
Beach Developments
Shopping Centers
Office Buildings

Trends

Nicaragua:
Tourists Arrivals 2008: 857,901
Arrivals Growth 2008: 7.2%

Central American Tourists 2008: 62.4% 
North American Tourists 2008: 27%

Currency generated by Tourism 2008: US$ 276.2 millions
Currency growth 2008: 8.3%

Projects approved under Law 306, 2008: 33 
Investment of Law 306 approvals:US$ 276.2 millions 


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