Friday, January 16, 2026

Tourism council has requested 2 billion pesos for new marketing agency

The National Tourism Business Council (CNET) has asked the federal government for 2 billion pesos to help fund a new tourism marketing agency. But the government appears unlikely to provide the funds.

CNET vice-president Cristina Alcayaga said the request for funding was submitted to the secretariats of Tourism (Sectur) and Finance (SHCP) a few weeks ago.

The council proposed that the 2 billion pesos (US $106 million) come out of funds collected through the DNR tourist tax that foreigners pay when entering Mexico by air.

DNR tax revenue was previously used to fund the Tourism Promotion Council (CPTM) but the government has disbanded the marketing agency and both President López Obrador and Tourism Secretary Miguel Torruco have said that the tourist tax money will instead go to the Maya Train project.

The latter said during a visit to Cancún this week that the federal government won’t provide any funding for a new private sector-led marketing initiative and that in two weeks a new self-financing tourism promotion model will be presented.

Torruco added that during the governments of Felipe Calderón and Enrique Peña Nieto, 37 billion pesos (just under US $2 billion at today’s exchange rate) were spent on tourism promotion through the CPTM.

The secretary contended that there should be an assessment to determine whether spending that amount of money was worth it considering that Mexico is in 15th place in terms of overall spending by international tourists and in 40th place for per-capita spending.

Mexico has also dropped from sixth to seventh place in international tourism rankings.

Some tourism experts have predicted that the government’s decision to disband the CPTM will benefit other holiday destinations in the region.

José Manuel Campos, president of the Confederation of Chambers of Commerce, Services and Tourism (Concanaco), said last week that a new privately funded tourism marketing agency will start operations later this year but even so Alcayaga said there is great concern about how Mexico will be able to participate in upcoming international tourism fairs.

She added that if the government provides 2 billion pesos, “we’ll be creative, contributing anything else [we need] to have our own promotional council . . .”

Source: El Economista (sp) 

Have something to say? Paid Subscribers get all access to make & read comments.
Mexican peso bills and coins with a wallet

Mexican peso hits its strongest level against the dollar in over a year

2
The peso closed at 17.65 to the dollar on Thursday, its strongest position in over 18 months.
US soldiers look out over an arid valley

NYT: US is pressuring Mexico to allow US troops to fight cartels

18
New reports show that post-Venezuela, the US is ramping up pressure on Mexico to allow US military action — even as some US lawmakers seek to block such actions.
Valeria Palacios

Veracruz student Valeria Palacios wins the World Education Medal

1
With artifical intelligence and robotics, the 19-year-old college student from Veracruz tackled a range of social and environmental problems facing her community.
BETA Version - Powered by Perplexity