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Tourist Attractions in Mexico: New Research Report Available at Fast Market Research

Fast Market Research recommends "Tourist Attractions in Mexico" from Euromonitor International, now available

 

Boston, MA -- (SBWIRE) -- 08/22/2014 -- Compared with the review period, in 2013 tourist attractions observed a significant increase in terms of visitors and sales. This positive performance can probably be explained by an increase in both domestic and incoming tourists, and also by the constant promotion in mass and social media of the wide offer of attractions available at different destinations in the country and seasons of the year. Some of the most popular events held in 2013 included the International Cervantino Art Festival, held in the city of Guanajuato, which is considered the most important cultural event in Latin America; Tajin Summit, held in Papantla (Veracruz); Vive Latino Music Festival held in Mexico City, also considered one of the most important music events in Latin America; Mexico City Festival; San Marcos National Fair held in Aguascalientes (Aguascalientes); Wine and Cheese National Fair held in Tequisquiapan (Queretaro); La Guelaguetza held in Oaxaca (Oaxaca); International Morelia Film Festival held in Morelia (Michoacan); International Hot Air Balloon Festival in the city of Leon (Guanajuato) and the International Guadalajara Book Fair in Guadalajara, Jalisco.

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Industry Prospects

Over the forecast period 2013-2018 the number of visitors to tourist attractions is expected to increase at a CAGR of 3%, reaching 53 million visitors by 2018. The expected growth in the number of visitors is likely to be driven by an increase in promotional efforts and investment by companies and public institutions which aim to promote tourism as a way to support Mexican economic development. Compared to the review period, tourist attractions is expected to observe faster value growth at a 4% CAGR (at constant 2013 prices) over the 2013-2018 forecast period. The dynamic value growth is likely to be driven by companies offering more specialised and luxury services due to the increase in fancy and expensive taste of consumers. Also over the forecast period the positive economic outlook might encourage people to travel more and attend to more expensive events, such as theatre performances and concerts, even if they are in other cities.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Tourist Attractions industry in Mexico with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Tourist Attractions industry in Mexico, our research will save you time and money while empowering you to make informed, profitable decisions.

The Tourist Attractions in Mexico market research report includes:

- Analysis of key supply-side and demand trends
- Detailed segmentation
- Historic volumes and values
- Five year forecasts of market trends and market growth
- Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

- What is the market size of Tourist Attractions in Mexico?
- What are the leading visitor attractions in Mexico?
- How are casinos performing?
- Are theme/amusement parks increasing in sales?
- Is there an increase in visitors to museums?

Reasons to Get this Report

- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions

Product coverage: Tourist Attractions by Category, Tourist Attractions by Channel.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

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