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14 May 2018, Radoslav Yordanov, EMIS Editor

Number of foreign tourists in Mexico rises 12.6% y/y in Q1

The number of foreign visitors in Mexico increased 12.6% year-on-year to 10.61mn during the first quarter of 2018, M-Brain News Monitoring reported citing figures released by the local central bank. Total tourist revenues also rose 7.2% y/y to USD 6.21bn during the period of reference.

On the negative side, average spending of foreign visitors fell by 4.4% y/y to USD 533.4mn in Q1. Average tourists= expenditure via road or air transport decreased 2.6% y/y, while spending through airports decreased 2.5% y/y, Banxico revealed.

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