Mexico’s tourism activity rose by 3.50 percent in the first quarter

Mexico’s tourism activity rose by 3.50 percent in the first quarter, compared to the same period in 2014, thanks to foreign tourist arrivals, the National Institute of Statistics and Geography, or INEGI, said.

Spending by foreign and domestic tourists rose 2.5 percent in the January-March period, compared to the same period last year, the statistics agency said in a statement.

Domestic tourists’ spending fell 0.20 percent, while spending by foreign tourists rose 25 percent during the period, the INEGI said.

Services provided to domestic and foreign tourists, the biggest component of the tourism industry within the gross domestic product, rose 3.50 percent in the first quarter, compared to the same period in 2014, while the provision of goods grew 4.7 percent.

Mexico welcomed 29.1 million foreign tourists in 2014, generating $16.25 billion in revenues.


PVR Property Management