Page 123 - STRATEGY Magazine

Visitor Arrivals
Los Cabos
1.5M
International visitor arrivals (2016)
+994
New hotel rooms expected (2017+)
Puerto Vallarta
1.4M
International visitor arrivals (2016)
0
New hotel rooms expected (2017+)
México City
7.1M
International visitor arrivals (2016)
+665
New hotel rooms expected (2017+)
Cancún / Riviera Maya 7.2M
International visitor arrivals (2016)
+810
New hotel rooms expected (2017+)
Arrival data
Indicator
Total Arrivals from Mexico % Change
Total Air Arrivals from Mexico % Change
GDP Forecast
Mexico GDP forecast by sectors CAGR
% 2017-2027
1.9% 2.0% 2.1% 2.2% 2.4% 2.6% 2.8% 2.9% 3.0% 4.5%
2013
2014
2015
2016p
14.34 1%
17.06 17%
18.41 8%
18.96 3%
2.21 5%
2.4 6%
2.6 8%
2.7 3%
Growth: Trends
Growth: Forecast
Travel and tourism GDP is expected to grow at an annual average of
77.3%1997 and 2016
2.9%
over the next decade
Traveland tourism
direct sector GDP
expanded 58.5%
the total economy expanded
Over this 19-year period
The mining industry contracted
The chemicals manufacturing industry expanded
6.1% 2.3%
In real, inflation-adjusted terms
The total economy is expected to expand 2.4% per annum
Forecast to grow
Agriculture 1.9% Mining Sector 2.0%
per annum
SOURCE: JLL’s Hotels & Hospitality Group, U.S. Department of Commerce National Travel & Tourism Office, OECD, WTTC, Mexico Tourism Board strategybg.com 121