Tag: tourism industry

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.

Why Texas is the best place for tourists

Tourism in Texas is booming, and Texas has been on a hot streak for years.

In fact, Texas has become one of the fastest growing economies in the world in the past decade.

But Texas has a serious tourism problem.

Texas has some of the highest tourism taxes in the United States.

The Texas Tourism Tax Commission estimates the state’s overall tourism industry costs about $1.5 billion a year, but the actual value of the taxes is more than twice that amount.

It’s estimated that Texas taxes nearly one in four tourists.

The state has the highest state tax on tourists, at $2,000.

The top state tax rate in the country is 35%.

And Texas has the third highest tax on hotel rooms in the nation at a whopping $18,500.

That’s a big deal when you consider that Texas is home to about 1.6 million people.

Texas also has the largest economy in the U.S. with a GDP per capita of $43,732.

That number is higher than any other state except Florida.

But that doesn’t mean the state doesn’t have its fair share of problems.

For starters, Texas is a state that is highly dependent on tourism.

It is one of only three states that relies on tourism for all or part of its GDP.

That means that Texas needs more than $1 billion a day in tourism tax revenue to cover its budget.

The problem is that many of the big tourist resorts that make up Texas’s tourism industry are located outside of the state.

And many of those hotels are owned by companies that don’t have a strong relationship with the state government.

So when the state loses tourism dollars, it can’t keep up with the growing demand.

For instance, the Fort Worth Star-Telegram recently reported that the annual hotel occupancy rate for hotel rooms is the lowest in the state, and only 5% of the hotel room nights are booked during peak hours.

Even more alarming, hotel occupancy rates have been declining for the past year.

The average occupancy rate in 2016 was 7%, but it fell to 6% in 2017 and has dropped to 3% in 2018.

So while the average occupancy is lower, it is still much higher than the national average.

The reason for the lower occupancy rates is because Texas is so dependent on the tourism industry that the state has no other choice but to keep those hotels open.

When a resort has too many empty rooms, the resort can’t take on the extra costs associated with the additional guests.

In addition, if a resort’s occupancy is declining, it has less money to spend on operations, and it has to pay out of pocket to its employees.

This means the resort doesn’t get the tax revenue it needs to maintain its hotels.

And the hotels that remain open also have to pay higher hotel taxes.

There is a big difference between a resort that has a good relationship with its local government and a hotel that has no relationship with that government.

If a resort doesn: Keep a good business relationship with local governments

St. Louis Blues win third straight game with win over Anaheim

St. Paul, Minn.

— It was the third consecutive win for the St. John’s IceCaps as they defeated the Anaheim Ducks 4-3 in overtime Wednesday night at Joe Louis Arena.

After scoring first with a power-play goal in the first period, Nick Jensen scored on the power-ins to tie the game in the third period.

The Blues then held the Ducks scoreless until Jeff Carter scored on a power play goal in overtime.

Jensen finished with two goals and three assists.

The Blues have now won five straight games, tying the NHL record for most wins in a season.

The win was St. Peters’ fourth straight against the Ducks.

The IceCabs are tied for first place in the Central Division.

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