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Mexico Rakes in $7 Billion in Tourism Dollars in First Half of 2014

August 5, 2014

Mexico has been on the rebound for some time now, and its tourism numbers continue to grow at a rapid rate. According to Latin Times, Mexico has earned $7 billion dollars from tourism in the first five months of the calendar year alone.

"This figure is a significant increase from last year's statistics from the same time period according to the Tourism Secretariat," the article reports. "..a 16.7 percent increase, to be exact. In terms of tourists, Mexico saw 11.7 million foreign tourists from January to May of 2014, which was a 19.2 percent increase from 2013." 

RELATED: Tianguis Roundtable: Industry Execs Confirm Consumers Are Craving Mexico

According to Corporate Travel Services, Mexico ranks third behind Brazil and Argentina as a destination for business travel. 

Mexico plans to invest $13.8 billion towards their tourism infrastructure over the next five years, which is a sound investment considering tourism makes up 9 percent of the nation's GDP, and is an employment source for millions.

Read the Latin Times story here.

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