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Mexico Tourism Report Q3 2015

55 Pages BMI Research June 10, 2015 SKU: BMI5586520

Mexico Tourism Report Q3 2015

BMI View: Stronger economic growth in the US in 2015 will drive higher tourist arrivals to Mexico.

European arrivals will also hold up despite economic uncertainty in the region, demonstrating the growingattractiveness of Mexico as a tourist destination.

BMI is positive about the prospects for Mexico's tourist industry in 2015, with higher GDP growth in theUS feeding through into rising numbers of US tourists visiting Mexico. At the same time, Mexico isdiversifying its tourism source markets through a number of marketing campaigns, and we note that itssouthern coast is becoming a popular alternative to Caribbean destinations given the Caribbean's relativeexpensiveness. In this regard, the fact that European tourism to Mexico is forecast to grow in 2015, albeitminimally, is a positive signal given that economic uncertainty is weighing on outbound European tourism.

As a result of these positive factors, we expect steady investment into the accommodation sector,particularly in the southern tourist region and major business centres.

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Mexico Tourism Report Q3 2015

BMI Research
June 10, 2015

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