A travel and tourism update

Mexico features robust market dynamics that make it an attractive destination for hospitality and real estate investment. Some of these factors include, but are not limited to, its strategic location and accessibility in the Americas, its robust macroeconomic profile, its favorable trade policies, its modern infrastructure, and its rich cultural heritage and natural wonders.

Mexico is the second largest economy in Latin America after Brazil in terms of GDP and the sixth largest emerging market in the world. The services sector is responsible for generating almost two thirds of the economy’s gross added value, with the manufacturing sector contributing about a fifth. Despite challenges with the current government related to its fiscal discipline and the Central Bank’s (Banxico) concerns over its independence, Mexico’s economy is expected to observe a solid recovery in 2021, surpassing the GDP growth the Latin America region as a whole is expected to observe in the year.

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