Wednesday, April 6, 2011

Investment down


Foreign investment in the hospitality industry declined from $4.2 billion in 2008 to $604 million in 2010, according to figures released by the Tourism Ministry. Various industry spokespersons, asked about this, agreed that the country’s poor image — the result of violence — is the biggest reason for the decline. Tourism Minister Gloria Guevara, visiting Durango, complained about travel warnings that have been issued by several countries. She said these needed to be reviewed more frequently. Reports about her comments were coupled with references of how the secretary drove about Durango in a convoy of 12 vehicles, most of these containing security personnel.


--

Jimm Budd

Reporting from Mexico City

Member of the Society of American Travel Writers

No comments: