The Central American country El Salvador is a great place for tourists. In fact, the country’s economy also depends largely on the income from tourism. The natural beaches offer some of the best surfing breaks on the Pacific Coast. In addition, the country is covered with lush green forests full of vibrant wildlife. Moreover, it is also a hotspot for cultural tourism. With more than 2000 archaeological sites, El Salvador greets us with its Mayan and Olmec cultural pasts.
However, as the country became the first one to make Bitcoin a legal tender, various people speculated that it will have a negative impact on the country and its economy. However, as of now, things are going really positive for the nation. In fact, the first half of 2022 has seen a great increase in tourism activities in the nation. If you wish to know more about the incident, keep reading this article.
The Surprising Spike in Tourism
We already know that El Salvador is a paradise for tourists. With its large variety of tourist attractions, the country is always ready to greet you. However, the year 2022 has already seen a sharp spike in the graph of tourism activities. Government data claims that tourism has increased by 82.8% in 2022, recording around 1.1 million visitors till now.
In fact, the WTO has verified the claims of El Salvador. WTO has ranked the country among those few nations, that have made stunning growth in tourism by January 2022. In addition, the WTO report showed that Salvador has achieved over 81% increase against 2019 or the pre-pandemic levels
When El Salvador decided to use Bitcoin as part of its tender, various people opined that the price drop of Bitcoin would negatively affect the country’s economy and tourism. However, tourism trends till now have been proving the doubts baseless. Moreover, it has defiled Bitcoin’s downward trend in its bear run.
Proponents of Bitcoin Flock to El Salvador
Since the legalisation of Bitcoin in El Salvador, the Bitcoiners are making repeated trips to the Central American destination. In fact, the big shakers and personalities of Bitcoin, like Samson Mow, Jeff Booth and Obi Nwosu have visited the nation.
In fact, many Bitcoin enthusiasts have expressed their thrill after visiting El Salvador. For instance, Tone Vays, who is a Bitcoin analyst, lamented that most people in the world are unaware of the existence of the country.
The Ministry of Tourism took to Twitter to share the nation’s stunning growth in tourism. Follow the link to see the tweet:
In fact, the general director of Strategic Projects of the Ministry of Tourism of El Salvador, Alex Bonilla stated that more spike in tourism is yet to come during the summer holidays. Therefore, as of now, El Salvador has smashed all negative speculations as the country witnesses a record surge in tourist activities.