Mexico Tourism Report - Business Monitor International - Industry Reports

Mexico Tourism Report

56 pages — Published Jun 28, 2014
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Abstract:

BMI believes Mexico s tourism industry has enormous long-term potential, largely owing to its proximity to the US. However, there are concerns with regard to rising levels of insecurity and the negative image this is sending to potential tourists. ...In this respect, the president referred to --- projects currently under way in the south-east of the country, totalling nearly MXN-.--bn. Key forecasts for Mexico s tourism industry: BMI is forecasting strong growth in the value of Mexico s transport services and travel items sectors, which will grow by --.- and -.- respectively in US dollar terms in ----. BMI expects the country s domestic hotels and restaurants industry value to grow by -.- in ----, to USD--.-bn. Growth will then remain above - each year for the rest of the forecast period. We expect there to be --,--- hotels in Mexico in ----, up -.- on the ---- level.

...Sound economic policy under the administration of former president, Felipe Calderon, has continued under Enrique Pena Nieto s new government, supported by an independent central bank. This means Mexico is well placed to register sustainable growth. ...This means Mexico is well placed to register sustainable growth. Large numbers of vehicle and vehicle parts manufacturers relocated to Mexico to gain easier and cheaper access to US markets. This process shows little sign of slowing, and as such we forecast that foreign direct investment (FDI) will increase over our --- year forecast period, provided the government maintains business-friendly policies. ...Large numbers of vehicle and vehicle parts manufacturers relocated to Mexico to gain easier and cheaper access to US markets. This process shows little sign of slowing, and as such we forecast that foreign direct investment (FDI) will increase over our --- year forecast period, provided the government maintains business-friendly policies.

...Tax breaks are provided for international conferencing. Visitor arrivals growth and opportunities for all sectors is likely to resume and strengthen once the effects of the economic downturn subside. ...

  
Source:
Document ID
1747-8952
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Mexico Tourism Report" Jun 28, 2014. Alacra Store. Sep 19, 2014. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Mexico-Tourism-Report-2026-425>
  
APA:
Business Monitor International - Industry Reports. (2014). Mexico Tourism Report Jun 28, 2014. New York, NY: Alacra Store. Retrieved Sep 19, 2014 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Mexico-Tourism-Report-2026-425>
  
$1,295.00
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