Tag: colorado springs tourism

When Mexico’s tourist industry takes a hit from a recession

With Mexico’s economy in deep recession, tourism is suffering the biggest hit of any sector of the economy.

In fact, tourism industry in Mexico is in the middle of a crisis.

According to the country’s Chamber of Tourism, the industry has lost 10.6% of its value in 2016.

And the loss has only been compounded by a massive decline in international tourism revenue, according to the Mexican government.

Tourism is the biggest economic driver in Mexico and contributes about 10% of the countrys total gross domestic product.

But in the past decade, tourism revenue has fallen from an estimated $5.7 billion in 2008 to just $1.8 billion in 2016, according the government.

The loss in tourism revenues is not only impacting Mexico’s tourism industry.

A study released by the Center for Strategic and International Studies (CSIS) said that Mexico’s economic growth is in danger of becoming a “recession-induced” depression.

In particular, the decline in tourism revenue is expected to have a “severe negative impact on Mexico’s current account” and the country will lose almost $8 trillion in its economy, according CSIS.

The Mexican economy is expected hit by another recession in 2021, according analysts at the Instituto Nacional de Estudios de Economía y Tecnología (INET) who noted that “the economy is in a severe recession.”

Mexico has the second largest tourism industry after China and is ranked second in the world for tourism spending per capita.

According to the Ministry of Tourism and Culture, the tourism industry has grown by 3.2% annually since 2008, but its current rate of growth is expected fall to 0.8% this year and then rise to 0% in 2021.

In addition, the Mexican Chamber of Commerce is predicting a $20 billion loss in the tourism sector in 2021 due to the economic downturn.

The economic crisis in Mexico has forced many companies to cut jobs and reduce their workforce.

And while the economy is still recovering from the recession, the economic outlook for Mexico is still grim.

The International Monetary Fund said in a recent report that Mexico is facing a “serious structural recession” that will lead to a sharp drop in its growth rate by 2019.

How to plan your trip to Peru

Visitors from Europe and North America can visit Peru in the fall, but those traveling to the Caribbean, Mexico and the Caribbean Islands can do so only in the winter.

The Wall Street Journa l said it had not yet received the required permits from the Peruvian government to open the country for tourists and it was unclear when permits would be issued.

Peruvians will be able to visit the United States in the spring, but only in July and August, according to a statement from the National Tourism Council of Peru.

The government has asked Peruvian authorities to set up a tourism bureau to coordinate all aspects of the tourism industry, the newspaper said.

The Peruvian Embassy in Washington did not immediately respond to a request for comment.

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