Government plans tourism promotion fund of 50 million pesos

The Secretariat of Tourism is preparing to launch a 50-million-peso (US $2.6-million) tourism promotion fund, according to a hotel industry leader.

Tulum Hotel Association president David Ortiz told the newspaper El Financiero that Tourism Secretary Miguel Torruco broke the news during a meeting last week in Chetumal, Quintana Roo.

“He told us they’re close to having a trust with its own funds of around 50 million pesos for promotion activities. It’s good news of which we approve,” Ortiz said. The amount is a very small fraction of what used to be spent on tourism marketing.

The hotel leader explained that he didn’t have any details about how the funds might be used.

Shortly after the new federal government took office last December, Torruco announced that the Tourism Promotion Council (CPTM) would be disbanded and its international offices closed.

The marketing agency’s annual budget of approximately 6 billion pesos (US $316 million) would be allocated to construction of the Maya Train, he said.

The Senate approved the dissolution of the CPTM last month.

The government’s decision was widely condemned by tourism sector representatives, many of whom warned that the move would only benefit destinations in the region that compete with Mexico for tourism revenue such as Puerto Rico, the Dominican Republic and Jamaica.

The Mexican Employers Federation described the decision to concentrate tourism funding on the Maya Train project as “almost suicidal” and the “wrong bet.”

However, Ortiz noted that while the CPTM no longer exists, diplomatic staff are undergoing training in tourism marketing so that Mexico’s embassies and consulates have the capacity to promote the nation’s destinations.

Some tourism businesses and local governments have also joined forces to fill the vacuum left by the closure of the CPTM.

Two airport operators, airlines Aeroméxico and Volaris, tequila maker José Cuervo and restaurant chain Hard Rock are among the companies that have stepped up to invest in marketing.

Los Cabos, Baja California Sur, and the state of Quintana Roo will both benefit from privately-backed initiatives.

Source: El Financiero (sp) 

Have something to say? Paid Subscribers get all access to make & read comments.
During his address at the inauguration, Economy Minister Ebrard expressed his gratitude to the Indian Embassy for their organization of the event and shared that he plans to visit India to fortify the growing bilateral trade relationship.

Mexico’s economy minister inaugurates consortium of binational trade chambers in bid for greater cooperation

0
Among the 23 chambers that are part of the new forum are the American Chamber of Commerce of Mexico, the Canadian Chamber of Commerce in Mexico, the Mexico-China Chamber of Commerce and Technology and the Trade and Commerce Council of India and Mexico.
agave plants

The world can’t get enough mezcal. Oaxaca’s forests are paying the price

0
The boom in mezcal production is stripping hillsides, stressing water supplies and fouling rivers. Mezcal makers say they're trying to mitigate the damage, but the scale of the problem is daunting.
renovations at Mexico City international airport

Clock ticks on remodel of Mexico City International Airport as World Cup nears

0
Renovations at both terminals of Mexico City International Airport (AICM) are only around half complete after 10 months of construction, meaning they will not be finished in time for the 2026 FIFA World Cup, according to the airport’s director general.
BETA Version - Powered by Perplexity