Mexican Tourism in perspective: a slow recovery
As commented in previous Vital Signals alerts about tourism, this sector faces the most profound and most severe crisis in its modern history, characterized by the total or partial paralysis of its assets (supply shock). Also by the goods and touristic services demand contraction. All this, due to the mobility restrictions (internal and between countries), the social distancing conditions, and the work income reductions.
However, such impacts have been more or less severe depending on the touristic drive in each country’s regions. It is mainly due to fixed assets on touristic production and the market they are directed to, national or overseas.