Mexico´s Travel Sector Garnered 14 Percent More Revenues

Mexico´s leisure industry snapped up nearly $9.7 billion from January through November last year, $300,000 more than that same period of time in 2003.

The country´s Tourism Department informed that figure accounts for a 14 percent increase from the year before. Mexican tourism authorities closed the twelve-month period with flying colors: 20.5 million visitors and $10.6 billion worth of gains.

Mexico´s leisure sector scooped up nearly $8 billion in revenues in the first three quarters of 2004, up a blistering 13.4 percent from the first nine months of 2003, the country´s Tourism Department informed this week.

On the other hand, the cash surplus of Mexico´s travel industry scored a big increase in the first nine months of 2004, up a whopping 20.8 percent from the same span of time in 2003.

During that period, the country reaped over $2.8 billion in profits, thanks in part to a 13.3 percent climb in tourist benefits that totaled more than $7.3 billion.

Until August last year, as many as 13.6 million foreign tourists had visited Mexico, a double-digits spike compared to the first eight months of 2003.