Mexico's Tourism Industry Breaks Records in 2004

Strategic Insights -

Mexico's tourism industry is expected to reach a record 20 million visitors this year, generating over $10 billion in revenue. According to the Undersecretary of Sectur, Emilio Goicochea Luna, 2004 will be a better year than many previous ones, with records being broken in all indices. Hotel occupation in beach resorts has increased, and international flights to the country have seen a rise, contributing to the expected surge in tourism.

Key Takeaways:

  • The tourism industry in Mexico is expected to break records in 2004, with 20 million visitors projected to generate over $10 billion in revenue.
  • Hotel occupation in beach resorts has increased, with international flights to the country also seeing a rise, contributing to the expected surge in tourism.
  • The Undersecretary of Sectur, Emilio Goicochea Luna, stated that 2004 will be a better year than many previous ones, with records being broken in all indices.
  • The tourism industry in Mexico is expected to reach 20 million visitors, after having attracted 18.5 million in the whole of last year, and 13.5 million in January-April.
  • Investments in tourism in May were roughly the same as in May last year, according to Goicochea Luna.

Statistics:

  • 20 million: The number of tourists expected to visit Mexico in 2004.
  • $10 billion: The expected revenue generated by the tourism industry in 2004.
  • 18.5 million: The number of tourists that visited Mexico in the whole of last year.
  • 13.5 million: The number of tourists that visited Mexico in January-April 2004.
  • 2004: The year in which Mexico's tourism industry is expected to break records.

Sources:

  • Notimex
  • Corporate Mexico by Internet Securities, Inc.
  • COMTEX