WhereDaily News: New Phocuswright Research Reveals Mexico Poised to Become Latin America's Largest Travel Market
NEW YORK, NY--(Marketwired - Dec 4, 2014) - With relatively low online travel penetration and a population of more than 120 million, Mexico is a market of great untapped promise. According to a new Phocuswright report (phocuswright.com/products/4443), the country had the world's 13th largest travel market in 2013. Mexican airports transported over 55 million passengers in 2013 (Secretaria de Comunicaciones y Transportes), and despite concerns about personal safety related to inter-gang violence, international arrivals jumped 10% between 1H13 and 1H14. On the heels of an economic upswing, Mexico's middle class will drive domestic demand for both leisure and business travel in the coming years.