• Tourism

    Tourism is a fast-growing sector in many emerging markets. OBG analyses the latest statistics on visitors and spending, highlighting investment opportunities. Our research covers hotel developments, government incentives, demand for leisure facilities and the MICE segment.
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Mexican officials are turning to the tourism sector in a drive to create a more inclusive and sustainable economy based on technological advancement, as well as value-added products and services. The National Development Plan (Plan Nacional de Desarrollo, PND) 2019-24, released by President Andrés Manuel López Obrador – commonly known as AMLO...

 

As recent years have seen Hidalgo place a greater emphasis on its tourism sector, private companies are also recognising the potential of the small but strategically located state. In November 2018 leading US water park and resort provider Great Wolf Lodge announced that it had chosen Hidalgo as the site of its first facility outside of the US...

Chapter | Tourism from The Report: Mexico 2019

Over the past decade, Mexico’s tourism industry has shown steady expansion, growing every year since 2011 despite security concerns and travel warnings. The 41.4m tourists that visited Mexico in 2018 reflect a 5.5% increase from the number of visitors in 2017, when the government estimated 39m foreign tourists entered the country. Tourists are increasingly venturing out of the traditional...

In 2018 Mexico’s economy ranked second in Latin America and 15th in the world in terms of GDP, which totalled $1.22trn, according to the World Bank. In 2019 the newly elected President Andrés Manuel López Obrador has pushed ahead with efforts to meet his pledge to tackle corruption and implement austerity measures within the government, to reduce costs and curb excessive expenditures.

With the new administration of Prime Minister James Marape committed to easing dependency on extractive industries, supporting diversification and stimulating job creation, the tourism sector offers significant potential. However, travelling in Papua New Guinea at present requires patience, perseverance and fortitude. Until infrastructure constraints, high travel costs and...

What tourism-related lessons can Papua New Guinea learn from its regional partners?