Mexico Begins Holy Week With the Highest Economic Expectation in 3 Years EFE
go to original April 3, 2023

Celebrating Semana Santa and Pascua in Puerto Vallarta (Casa Bay Villas)

Mexico begins Easter with an expectation of income of more than 160,000 million pesos amid a rebound in domestic consumption that points to recovery levels pre-pandemic in commerce, services and tourism, despite challenges such as insecurity and inflation.

In an interview with EFE, the president of the Confederation of National Chambers of Commerce, Services and Tourism (Concanaco Servytur), Héctor Tejada, highlighted that the Catholic celebration during this 2023, after the elimination of restrictive measures by covid-19, ” It will mean an economic benefit that has not been seen in 3 years”.

He indicated that in the period from April 2 to 10, a hotel occupancy of 85% is expected, which would mean that more than 11 million tourists visit the different destinations.

In addition, he said that the destinations that expect the greatest influx are: Acapulco (92%), Veracruz (90%), Oaxaca (90%), Riviera Maya (85%), Yucatán (85%), San Cristóbal de las Casas (85%), %)), San Juan del Río (85%), Coahuila (78%), Baja California Sur (75%), Nuevo León (73%), Mexico City (68%) and Puerto Vallarta (61%).

The business leader stressed the importance of supporting formal businesses in the country, in order to maintain local tourism as one of the most important activities for the country’s economy, since it contributes more than 8% of the gross domestic product (GDP).

This occurs in the midst of inflation that has been declining for four consecutive fortnights to a level of 7.12%, which continues to put pressure on the pockets of Mexicans due to sustained increases in the prices of basic supplies of the Mexican diet such as tomatoes, the egg or the chicken.

Insecurity, A Red Flag

The rest period in Mexico comes amid calls for tourists from the US, who are alerted by the State Department not to travel to Mexico, which has denounced that there are regions controlled by organized crime and its high level of crime, closing 2022 with 30,968 intentional homicides, according to official data.

However, various state tourism secretaries told EFE that “the main Mexican destinations are safe” and that efforts are focused on a greater presence of local security, civil protection, tourist police, among other actors, as well as campaigns of information.

Read the rest at California18

Related: Semana Santa in Mexico: The Celebration of Holy Week in the Latin American Country (Latin Post)

Related: Unemployment in Mexico Reaches Historic Low (Mexico News Daily)

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