Wednesday, December 6, 2023

Revenue from international tourism in Mexico increased 64.6% compared to 2021

International tourists and visitors spent almost US $16.5 billion in Mexico between January and July, an increase of nearly 65% compared to the same period of 2021, Tourism Minister Miguel Torruco reported Sunday.

Data from the national statistics agency INEGI show that just over 36.8 million tourists and visitors (day trippers and cruise ship passengers, for example) spent $16.48 billion here in the first seven months of the year.

The monetary figure is 64.6% higher than that for the same period of last year and 8.3% above that for 2019, when the tourism sector hadn’t yet been affected by the coronavirus pandemic. Foreigners’ expenditure last month totaled $2.67 billion, a 21% increase compared to July 2021.

In a statement, Torruco also said that just under 21.7 million international tourists came to Mexico between January and July, a 25.5% increase compared to the same period of last year, but a 17.3% decline compared to 2019.

Beach in Mexico
Tourists on a Mexican beach/Twitter

They spent an average of $719 each while in the country, an increase of 32.9% compared to last year. Those who arrived by air – just over 12.5 million people – spent $1,131 on average, a 3.4% spike compared to 2021.

In a Twitter post on Sunday, Torruco highlighted the increase in tourism revenue, declaring that it showed that Mexico is on a “good path.”

In another post on Monday, the tourism minister predicted that more than 2 million Mexicans will travel within the country this upcoming Independence Day long weekend, injecting an anticipated 29.6 billion pesos (US $1.5 billion) into local economies.

Hotel occupancy of 60% or higher is expected in several destinations including Acapulco, Mexico City, Cancún, Puerto Vallarta and Los Cabos.

Passenger numbers at airports in the last three cities exceeded 2019 levels in July, providing evidence that the tourism sector is recovering from the pandemic-induced downturn.

Mexico News Daily 

Have something to say? Paid Subscribers get all access to make & read comments.

Asylum applications in Mexico hit historic numbers this year

0
The applications through November surpass the previous yearly record, with most asylum-seekers coming from Cuba, Haiti and Honduras.

New ‘home office law’ takes effect in Mexico

0
Regulation approved in June for remote workers in Mexico, including reimbursements and the right to disconnect, went into effect on Tuesday.
Tesla vehicles on a trailer

Got 1 min? Elon Musk says ‘next-gen’ Tesla vehicles to be made in Mexico

0
In an interview, Musk said the manufacturing innovations of Tesla's low-cost electric vehicles will "blow people's minds."