2014-02-07 23:39:02 - Mexico Tourism Report Q1 2014 - a new market research report on companiesandmarkets.com
BMI believes Mexico´s tourism industry has enormous long-term potential, largely due to its proximity to the US. However, there are concerns in regards to rising levels of insecurity and the negative image this is sending to potential tourists.
Data from the Mexican Ministry of Tourism (Sectur) shows that tourist arrivals to Mexico continued to decline over the first seven months of the year. Between January and July 2013, 13.8mn tourists arrived in Mexico, a decline of 0.1% annually. This decline was led by a fall in cruise arrivals, of 11.4%, suggesting that Mexico is continuing to suffer from a reduction in routes visiting the country, perhaps owing to security concerns. Similarly, border tourism (defined as one-night or day-only tourists) fell by
5.2%, which is a worrying sign as it indicates that fewer US tourists are visiting Mexico.
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