Mexican Tourism Growth and Mexican Hospitality Companies
Mexican Tourism Growth
• By 2013, it is estimated that Mexico will be the world’s 2nd fastest-growing destination
• As of 2005, Mexico claimed 15% of the world tourism market (808 million)
• Domestically, Mexican tourism grew faster than the world tourism market in 2005
• 70% percent of visitors come from the USA, the Mexico tourism board says. Visitors come for the sand, surf, shopping and the Mayan ruins37
• Mexico is home to the world's seventh-largest hotel industry. 10,400 hotels, or 430,000 rooms38
• These record-breaking numbers reinforce Mexico’s position in the world’s top ten ranking of the most popular tourism destinations. According to the World Tourism Organization (WTO), Mexico ranks eighth in the world in the number of international visitors
and tenth in the world in international tourism revenues39 Hospitality Companies
• 2005 set a new opportunity for travel accommodation companies
• Highly competitive hospitality companies are jockeying with the popular condo investor market for beach destinations, business centers and other key commercial markets
• Proactive planning is in place to maintain the cultural heritage of Mexico’s different states, while also protecting environmental assets and counteracting poverty
• Collaborated efforts are reallocating resources to develop new and different destinations beyond the traditionally-recognized tourism centers of Cancun, Cozumel, Acapulco and
Mexico City
• “Mexico Real Estate is a haven for US institutional investors” Wall Street Journal, 200340
• Benefits to purchasing real estate in this country:41
Property taxes are miniscule compared to the US and Canada
The appreciation in many areas, especially on the coasts, can be very high
Buying Mexican real estate is safe and easy, with more and more financing sources
available to US and Canadian residents through both US and Mexican banks