With Remarkable Pent-Up Travel Demand, Tourists Are Jet Setting to Mexico

JLL | May 4, 2021

CHICAGO – May 4, 2021 – Mexico is featuring robust market dynamics that suggest strong hospitality and lodging industry recovery amid the pandemic. In JLL’s Hotels & Hospitality Group’s latest Travel and Tourism Update, there are several factors that put Mexico on the map for tourism recovery and increased investor interest.   Economic Outlook Being the second largest economy in Latin America and sixth largest emerging market across the globe, almost two-thirds of Mexico’s economic gross added value is generated by the service industry and 16 percent of the country’s GDP is directly impacted by the travel and t...