Thank you for visiting SNEWPapers!
Sign up free
Atlanta Daily World
Atlanta, Fulton County, Georgia
What is this article about?
Mexico aims to expand tourism, its third-largest dollar earner ($650M from 600K visitors last year), by drawing more U.S. tourists inland to balance spending, as discussed by Alejandro Pardo at recent Mexico City Rotary Club meeting.
Clipping
OCR Quality
Full Text
WASHINGTON, D.C.—(PAU)—Tourism is now Mexico's third largest dollar earning industry. Total receipts for last year ran to about $650,000,000 from an estimated 600,000 visitors.
The vital role of tourist travel in building up the Mexican economy not only by adjusting the deficit in the national trade balance and strengthening Mexico's currency, but also in providing funds that find their way into new industries, was pointed out at a recent meeting of the Mexico City Rotary Club.
Alejandro Pardo, Adviser and Assistant Manager of the Banco de Mexico, the central government bank, said that of the $560,000,000 in tourist receipts, about $400,000,000 was spent in the border towns and $160,000,000 was spent in the interior of Mexico.
These statistics the newly-created Department of Tourism and the Mexican Tourist Association, of which Pardo is Secretary, hope to adjust more equally throughout the country this year through a campaign to introduce more tourists, especially those from the United States to more of Mexico.
What sub-type of article is it?
What keywords are associated?
What entities or persons were involved?
Where did it happen?
Foreign News Details
Primary Location
Mexico
Event Date
Recent
Key Persons
Outcome
tourism receipts of $650,000,000 from 600,000 visitors last year; plans to balance spending more equally by introducing more tourists to interior regions this year
Event Details
Mexico's tourism is third largest dollar-earning industry with $650,000,000 receipts last year from 600,000 visitors. At recent Mexico City Rotary Club meeting, Alejandro Pardo highlighted tourism's role in economy, noting $400,000,000 spent in border towns and $160,000,000 in interior. Newly-created Department of Tourism and Mexican Tourist Association, with Pardo as Secretary, plan campaign to attract more U.S. tourists to interior.