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LatinNews Daily - 13 February 2020

In brief: Mexican gov’t estimates tourism revenue for 2020

* The head of Mexico's tourism ministry (Sectur), Miguel Torruco Marqués, has estimated that tourism will generate US$26.7bn in revenue this year, up 8.7% on 2019. Speaking at the Quintana Roo Investment Summit 2020 in Cancún on 12 February, Torruco said that based on current projections, Sectur estimates that the country can expect 46.2m tourists this year, a 2.7% increase of foreign tourists. Such trade, he added, will also create 95,000 jobs, bringing the total jobs in tourism to 4.5m, up 2.1% on 2019.  In total tourism accounts for 8.7% of Mexico’s GDP, according to government figures.

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