Mexico Tourism Report - Business Monitor International - Industry Reports

Mexico Tourism Report

Mexico Tourism Report - Business Monitor International - Industry Reports
Mexico Tourism Report
Published Jun 06, 2015
55 pages — Published Jun 06, 2015
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

BMI View: Stronger economic growth in the US in ---- will drive higher tourist arrivals to Mexico. European arrivals will also hold up despite economic uncertainty in the region, demonstrating the growing attractiveness of Mexico as a tourist destination. BMI is positive about the prospects for Mexico s tourist industry in ----, with higher GDP growth in the US feeding through into rising numbers of US tourists visiting Mexico. At the same time, Mexico is diversifying its tourism source markets through a number of marketing campaigns, and we note that its southern coast is becoming a popular alternative to Caribbean destinations given the Caribbean s relative expensiveness. In this regard, the fact that European tourism to Mexico is forecast to grow in ----, albeit minimally, is a positive signal given that economic uncertainty is weighing on outbound European tourism. ...In this regard, the fact that European tourism to Mexico is forecast to grow in ----, albeit minimally, is a positive signal given that economic uncertainty is weighing on outbound European tourism. As a result of these positive factors, we expect steady investment into the accommodation sector, particularly in the southern tourist region and major business centres.

...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.

...Businesses are subject to high additional labour costs. These include mandatory fringe benefits such as profit sharing with employees. ...

  
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 06, 2015. Alacra Store. Jul 07, 2015. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Mexico-Tourism-Report-2026-425>
  
APA:
Business Monitor International - Industry Reports. (2015). Mexico Tourism Report Jun 06, 2015. New York, NY: Alacra Store. Retrieved Jul 07, 2015 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Mexico-Tourism-Report-2026-425>
  
US$ 1,295.00
$  £  
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