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Mexico City Mexico City

Travel and Tourism to Lead Mexican Economy

According to World Travel & Tourism Council (WTTC), in 2016, the travel and tourism sector in Mexico ranked first in terms of GDP, with a total impact of USD166 billion or 16 percent of GDP.

Explaining further, David Scowsill, CEO, WTTC, pinpointed that the economic contribution of travel and tourism is expected to grow 2.9 percent year-on-year over the next decade, 0.5 percent ahead of the total economy and significantly higher than any other sector. Moreover, the industry was ranked second in terms of job creation.

Noting that the growth was stimulated by the government’s commitment to the industry, Scowsill added, “There is even further scope for growth as Mexico continues to expand the country’s tourism infrastructure, connectivity and sustainable practices [...].”