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Date:Date: Fri, 16 Jun 2000 12:09:07 -0400 (EDT)
From: TInews Announcement <announce@tinet.ita.doc.gov>
To: TInews Announcement <tiannounce@tinet.ita.doc.gov>
Subject: TInews: Mexico Visitor Profile & Up-Coming Mexico Sales Mission 2000

=== TINEWS ===================================

An information service from Tourism Industries
http://tinet.ita.doc.gov/
U.S. International Trade Administration
U.S. Department of Commerce

06/14/2000

Mexico Visitor Profile & Up-Coming Mexico Sales Mission 2000

Contact: Tourism Industries office
E-mail: otti@trade.gov
Web: http://tinet.ita.doc.gov
Phone: (202) 482-0140, Fax: (202) 482-2887

Mexico (Air) Visitor Market Profile Released:

The outlook for Mexican visitors to the U.S. is very bright over the next three years, making Mexico a top market for US travel and tourism exports.

In the Mexico Outreach Page, recently posted on TInet, Tourism Industries released the latest Mexican (Air) Visitor Profile. The profile highlights Mexico's record 1.5 million air arrivals to the United States, a 5% increase from 1998. The profile also shows that over the past 5 years, Mexican air arrivals has grown 67% reflecting the growing economic stability in the Mexican economy. The profile also has key traveler characteristics and top destinations visited by Mexican air travelers.

The profile reports that total Mexican arrivals to the U.S. reached 9.9 million in 1999, the highest level since 1994. In the "Forecast" (located on the Mexico page) the tables show that overall, the Mexican economy grew 3.7% in 1999, down from 4.8% in 1998, but above market expectations. In addition to the positive effect this had on income levels, the price environment was favorable to Mexican travel to the US. Unemployment continues to be low (2.5%), the lowest since 1987, reflecting the last three years of economic health in Mexico. We have forecasted consistent arrivals growth over the forecast period (2000 - 2003) as the peso remains relatively stable and real per capita income increases at a rate of approximately 3% per year to recoup to a previous peak of 11.4 million visitors or 15% growth from 1999 by 2003.

The Mexico Outreach page also points out that the U.S. is clearly the favored destination for Mexican travelers. The Mexico Commercial Service, In-Market Insight (IMI) explains that there are several factors that account for this preference: proximity; the strong business ties between the two countries; the presence of large Mexican communities in the U.S.; the accessibility of reaching the U.S. through a large number of direct flights; and a wide variety of attractions and services.

Mexico Sales Mission 2000 - Make the most of the second largest visitor market:

From August 21st through August 25th 2000, through a joint effort between the U.S. Commercial Service in Mexico and the CONEX Group, there will be a Sales Mission in four of the largest tourism exporting markets from Mexico to the USA. Through a series of Workshops and Breakfast Presentations/Mini Trade Shows, Travel Agents, Tour Operators and Wholesalers will have an opportunity to meet with USA tourism suppliers in the cities of Monterrey, Guadalajara, Mexico City and Queretaro.

Visit TInet to get more market intelligence and to find out more details on the August Mexico Sales Mission 2000!

TInet http://tinet.ita.doc.gov

TInet's Mexico Outreach Page:
http://tinet.ita.doc.gov/outreachpages/inbound.country_in_north_america.mexico.html

Direct link to 1999 Mexico (Air) Market Profile:
http://tinet.ita.doc.gov/cat/f-1999-147-001.html

Direct link to Mexico Sales Mission registration:
http://www.conexgroup.com/DepartmentOfCommerce/2000-MexicoSalesMission/Default.htm

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Tourism Industries, International Trade Administration U.S. Department of Commerce, Room 2703 Washington, D.C. 20230 (202) 482-0140, fax: (202) 482-2887 e-mail: otti@trade.gov

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