Puerto Vallarta News

Puerto Vallarta News

Puerto Vallarta Businesses See Slowdown With Strong Peso Resulting in American Tourists Spending Less

Puerto Vallarta, Mexico - The onset of 2024 has ushered in a challenging period for the restaurant sector and various other businesses in Puerto Vallarta, as reported by Francisco Gabriel Vizcaíno Rendón, President of the Employers' Confederation of the Mexican Republic (Coparmex) in the city. A significant factor contributing to this downturn is attributed to the strengthening of the Mexican peso against the dollar, compounded by the lingering debt burden carried by citizens from the end of the previous year.

Related Posts

Puerto Vallarta surveillance

Puerto Vallarta surveillance shows quiet holiday shift

A new Puerto Vallarta surveillance sweep through parks, sports units and beaches ends with a...
Mexico City arts warehouse

Mexico City arts warehouse will protect 64,000 works

Mexico’s new Chapultepec arts hub will finally begin sheltering 64,000 works by February, while long-running...
Mexico development fund

Mexico development fund plan for 700,000 jobs in 3 years

Mexico’s state-backed fund of funds wants to channel billions into venture, credit and infrastructure to...
Tren Maya free return

Tren Maya New Year express sells out across Yucatán

Tren Maya hits its 1.2 million passenger goal and rolls out a bundled New Year...