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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


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

Published Thursday, May 24, 2007 10:09 PM by Laura Tierney


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