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Mexico Real Estate News: Foreign Tourism In Mexico Grows 5-9 Percent

21 September, 2012

Fox News reported last week that Mexico has already hosted a record number of foreign travelers so far in 2012, according to the nation’s Tourism Secretary,Gloria Guevara. According to the report, the number of foreign travelers entering Mexico real estate between January and July of this year rose by six percent compared to the same time period in 2011 and Guevara expects last year’s record of 23.4 million visitors to be surpassed by year’s end.

“We’re estimating that we’ll grow between 5 percent and 9 percent in 2012,” Guevara stated according to Fox News in an appearance at a tourism conference in Quito. “We have 2,500 municipalities, according to figures from the government secretary, and the tourists go to destinations that are tranquil. They’re at peace.”

Tourism numbers are expected to continue their upward trend despite reports of crime in Mexico. Guevara points out that, out of 2,500 municipalities in the entire country, the challenges faced by the government are concentrated in just 80 of them.

According to the article published by Fox News, the Tourism Secretary also estimates that in 2012 the total number of domestic and international tourists combined will rise beyond 200 million by year’s end. This number is a rise of at least nine million, compared to the previous record total of 191 million reported in 2011. 

“Tourism accounts for nine percent of Mexico’s Gross Domestic Product (GDP),” writes Fox News. “The industry also employs more than 2.5 million people directly and nearly five million people indirectly.”

According to Guevara, Mexico’s tourism sector is increasing by more than four percent each year, and the nation is determined to become one of the top five worldwide tourism destinations by 2018. Mexico is currently the 10th most popular destination for travelers; a number that is quickly rising.

Topics: Tourism