Shuttered tourism marketing agency has debt of 70 million pesos

The disbandment of the Tourism Promotion Council (CPTM), a move that was severely criticized by the tourist industry, has revealed that the agency owed 70.6 million pesos (US $3.7 million) when it was shut down.

The council’s latest financial statements, updated with August 2018, figures, indicate that there are several legal proceedings against it.

The biggest single debt owed by the organization that was responsible for international tourism marketing is 27.4 million pesos in salaries and bonuses to employees.

A data storage and computer systems maintenance firm, Compliance Officers, has sued for breach of contract, demanding the payment of 1.5 million pesos owed for services provided.

The CPTM and its 21 offices abroad were liquidated last month by the federal government.

Tourism promotion will now fall under the jurisdiction of Mexico’s embassies around the world.

Source: Milenio (sp)

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

Fish fraud on the rise: Over one-third of seafood sold in Mexico isn’t what it claims to be

6
A new report by the globally respected ocean conservation group Oceana found that 38% of 1,262 fish and seafood samples collected in restaurants and markets in the 10 largest Mexican cities were mislabeled or sold fraudulently — nearly double the global average.

Was someone really trying to tan on the National Palace?

0
A viral video taken from Mexico City's Zócalo, which faces the National Palace, showed a young woman sitting near a palace window with her bare legs outstretched. Was she for real?

Attention travelers: Truckers and farmers announce mega-blockade on April 6

0
The National Truckers Association (ANTAC) and the National Front for the Rescue of the Countryside (FNRCM) have confirmed that a nationwide protest against insecurity on highways and other problems will take place on Easter Monday.
BETA Version - Powered by Perplexity