Sunday, September 12, 2010
Costa Rica Bailouts: Arenal Hotels in La Fortuna...
Somebody asked me if the banks take the hotels what are they going to do with it. Our reservations office just spent 3 days last week trying to find space in Fortuna for two different groups next March and April. This is a good indication that things will be improving next year an estimated 2 million or more tourist will be arriving in Costa Rica. My advice for the bank would be to flip it or even better work something out with INA where they operate the hotel (the government educates locals in tourism) and they pay back the loan. Just a thought.
As for the hotel owners, shit happens and sometimes you have to walk right through it before you smell it. Maybe its time for a little lifestyle change in La Fortuna. There is a freakin Burger King in La Fortuna you cant tell me you didnt see this coming. If you have thoughts on this we would love to hear?
The gap between rich and poor in Costa Rica is spreading FAST. I dont want to talk negative but I do feel there needs to be some voices. Just drive through San Jose: Its RICH or POOR for now where in years to come it could be SUPER RICH or SUPER POOR. Again, I feel bad for these hotel owners but I dont think bailouts for society as a whole is going to fix the big picture which is learning a lesson and living a little bit more simply. Let me be clear. If you have the money and you want to live it up a little its fine. But understand if you dont have the money it is also fine to not have to live it up. I just feel if people gamble and they lose they lose. Thats why you shouldnt gamble with money that isnt yours.