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Tourist Revenue Rises in First Half of 2008
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 In the first five months of 2008, Mexico earned US$6.2 billion in tourism revenue which reflects a 6.8 percent increase from the previous year, according to a report issued by the Tourism Secretariat.
The report, which was put together by the Bank of Mexico, said from Jan. 1 to May 31 more than 9.43 million tourists visted Mexico; that figure is a 4.3 percent increase from 2007. The average spending per tourist also went up. The bank calculated a mean total of US$882 was spent per person which again reflects an increase on last year by 4.4 percent. The balance of payments for tourism in May was US$2.93 billion - a 11.7 percent increase from 2007. Tourism Secretary Rodolfo Elizondo Torres described the figures as "very pleasing" despite a global economic slowdown. Rising gas prices and an unstable housing market has seen the United States economy hit the skids in recent months but the repercussions have yet to show any affect on Mexico's tourism industry which depends heavily on visitors from north of the border. |
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