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Mexico Tourism Report Q2 2015

59 Pages BMI Research March 25, 2015 SKU: BMI5517083

Mexico Tourism Report Q2 2015

BMI View: We have revised our forecast for tourism arrivals growth in Mexico in 2015 and are now expecting 4.6% growth, with European arrivals holding up better than expected. We believe that this will feed through to increased investment into hotels and restaurants over the short-to-medium term.

BMI is encouraged that both European and US arrivals are forecast to perform solidly in 2015, although US arrivals remain below historical trends. With the US economy now firmly returned to growth, we believe that this will provide a solid foundation for Mexico's tourist industry over the forecast period. While tourism from European is currently growing strongly, we caution that any major upsets in the eurozone, particularly related to Greek debt, could prompt a revision of our forecasts. As of yet, however, European tourists appear to be responding to a major marketing campaign by Mexican tourist authorities and view Mexico as an increasingly attractive destination.

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Mexico Tourism Report Q2 2015

BMI Research
March 25, 2015

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