1. Market Research
  2. > Tourism and Leisure
  3. > Tourism Market Trends
  4. > Source Market Insights : Mexico

Source Market Insights : Mexico

  • March 2015
  • -
  • GlobalData
  • -
  • 19 pages

Summary

Table of Contents

Search Inside

Summary
Source Market Insights:Mexico provides an overview of the Mexican outbound market, analyzing market data and providing insights. This report provides a better understanding of the number of Mexican tourists going abroad, their spending habits, and the main destination markets

Key Findings
- Weak economic conditions and, consequently, lower gross household disposable income per capita led to a slowdown in outbound tourism in Mexico, registering annual growth of 2.1% and 1.8% in outbound trips, in 2013 and 2014 respectively

- Outbound travel in Mexico is largely driven by leisure and VFR purpose trips, which accounted for 44.7% and 43% of the total outbound trips, respectively, in 2014. The strong presence of VFR can be attributed to increasing numbers of Mexicans present in the US; in correlation with a targeted campaign to promote Mexican travel to the US by 'Brand USA'

- Average spending per outbound trip for Mexicans is very low compared to other Latin American countries such as Brazil. Average spending per outbound trip for Mexicans stood at US$797 in 2014, which was only one-quarter of Brazil's expenditure

- The US is the key outbound destination for Mexicans, accounting for 90.2% of total outbound trips in 2014. A key factor for this is the use of the Border Crossing Card, as well as close geographical proximity

- Spain is a preferred destination for higher education (after the US) for Mexican students. Higher aspirations coupled with safety concerns (rising crime rates) in Mexico encourage students to enroll in higher education programs abroad

Synopsis
The report provides detailed market analysis, information, and insights, including:

- Historic and forecast tourist volumes covering the entire Mexican outbound tourism sector

- Detailed analysis of the mode of transport preferred for outbound trips

- Detailed analysis of the market trends in the Mexican outbound tourism sector

Reasons To Buy
- Make strategic business decisions using historic and forecast market data related to the Mexican outbound tourism sector

- Understand the key market trends and growth opportunities in the Mexican outbound tourism sector, along with key trends and growth opportunities

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
Get This Report
24/7 Customer Support

Talk to Ahmad

+1 718 618 4302

Purchase Reports From Reputable Market Research Publishers
Airline Traffic Monitoring - Enhanced Monthly Statistics

Airline Traffic Monitoring - Enhanced Monthly Statistics

  • $ 9600
  • Industry report
  • April 2017
  • by IATA

IATA offers you the timeliest reports for airline traffic monitoring, representing the entire industry and all regions. Monthly Statistics cover traffic figures for both passenger and cargo carriers, and ...

Analysis of Key Sectors of Egypt: Agriculture, Tourism, Dairy, Meat, ICT, Manufacturing and Mining Along With Production and Consumption Data (2017 - 2022)

Analysis of Key Sectors of Egypt: Agriculture, Tourism, Dairy, Meat, ICT, Manufacturing and Mining Along With Production and Consumption Data (2017 - 2022)

  • $ 6000
  • Industry report
  • January 2017
  • by Mordor Intelligence LLP

Egypt is one of the fastest growing and most promising economy in Africa. Egypt's high growth rate in recent years was driven by high international tourist inflow, growth in trade & logistics and ICT market. ...

Medical Tourism Market - Malaysia Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

Medical Tourism Market - Malaysia Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

  • $ 5795
  • Industry report
  • February 2017
  • by Transparency Market Research

Malaysia Medical Tourism Market: Overview In terms of revenue, the Malaysia medical tourism market is expected to register a CAGR of 30.5% during the forecast period, 2016–2024. The primary objective ...


Download Unlimited Documents from Trusted Public Sources

Travel Industry in United Arab Emirates - Forecast

  • April 2017
    24 pages
  • Travel  

  • United Arab Emi...  

    India  

View report >

Tourism Industry in Europe - Forecast

  • April 2017
    55 pages
  • Tourism  

  • Europe  

    United States  

View report >

Hotel Chain Industry in the US

  • April 2017
    11 pages
  • Hotel Chain  

    Hotel Real Esta...  

  • United States  

View report >

Tourism Markets

2 days ago

Ferry Market

2 days ago

ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.