Presents Sectur of Mexico T-20 conclusions at Asian Summit

The Secretary of Tourism of the Federal government, Gloria Guevara Manzo, participated in the East Asia summit on travel, trade and Tourism of the World Economic Forum (WEF) in Bangkok, Thailand, and presented the results of the 4th Ministerial Tourism Meeting of the T20 , which was in favor of boosting visa facilities to boost tourism internationally.

According to the note published by Sectur on its Internet portal, the presentation was developed before representatives of the United Nations Conference on Trade and Development (UNCTAD), the International Air Transport Association (IATA), as well as entrepreneurs and Tourism officials from countries in the Asian region, the head of the Sectur stressed that the declaration of Mérida, signed by the ministers of the 20 largest economies in the world, included proposals for the simplification of immigration procedures, the Accepting regional visas or eliminating them, without neglecting the issue of security.

“Many countries today face the challenge of growing their economies and generating jobs, and tourism is presented as a real alternative to creating opportunities for development and well-being,” he explained.

Guevara Manzo emphasized that a study by the World Tourism Organization (UNWTO) and the World Travel and Tourism Council (WTTC), resulted in the possibility of obtaining visas by the G20 countries, which would generate up to 112 million Additional international tourists for the year 2015, increase the currencies by 206 billion dollars and create 5.1 million of additional jobs over the next three years.

The proposals of the Ministers of tourism will be analyzed by the heads of State and Government who will meet at the G20 leaders ‘ summit on 18 and 19 June, in the port of Los Cabos, Baja California Sur.

During his participation in this forum, which is one of the meetings of leaders of the most important tourism sector in the Asia region, the owner of the Sectur said  yielded results Positive, we had a historical participation by the level of the attendants and by the agreements reached, and concrete proposals were integrated to confront the problem of unemployment that affects many nations. ”

The results of the T20 meeting coincide with the recommendations made by the Aviation Council, travel and Tourism of the World Economic Forum, on the use of technology to facilitate travel, through electronic visas, as well as the establishment of Migration facilitation agreements between countries and regions.

The East Asia Summit on Travel, trade and Tourism of the World Economic Forum had as its central theme “Open borders: growth of Asia through travel, tourism and trade”.

Hotel profitability in the Caribbean area can exceed 30%

 

The Caribbean is the zone of greatest profitability for the hotel companies, according to a report by Banca March, the largest family bank in Spain, which has had exclusive access to arecoa.com. According to the aforementioned bank, the profit margin of the hotel can exceed 30% in the Caribbean.

“The Caribbean thanks to the long tourist season, high occupancy (Dominican Republic and Panama 67%, Cuba 57%…), prices higher than Spain and Mediterranean (can be more than 50% higher than the holiday Spain) and lower operating costs”, reveals the I am a student.

“All this can generate, according to the opinions of some of the main players in the sector, a double profitability that Spain in terms of annual dollars per room. In terms of cash flow of exploitation on sales the profitability in the Caribbean can exceed 30% and in terms of return on investment to reach 13% or 14%. In terms of years to amortize investment, the term in the Caribbean can be 6 or 7 years, compared to 10 or 11 in Spain holiday, “says the report.

“In Latin America-Caribbean: Cuba, Brazil and Dominican Republic, with low absolute level against the classic European destinations in terms of number of tourists (2.5, 5.2 and 4.3 million of international tourists, respectively) but with strong growth in 1995 (multiplied by 3.4, by 2.6 and by 2.3 respectively). Of the countries in which the Spanish chains (Cuba, Dominican Republic and Mexico) are centered, the growth in overnight stays has been quite stable in Cuba but irregular in the Dominican Republic and Mexico, “says Banca March.

The occupations in 2010 for the Caribbean was 67% for the Dominican Republic, Panama, and 57% for Cuba. Mexico has oscillated in the last 15 years between 46% and 56%. Panama focuses on the development offer (+ 58%), followed by Costa Rica (+ 11%). “Tourism in the area depends mainly on the evolution of North America (January-April) and Europe and Latin America (Summer season). There is incipient Russian tourism, ‘ the report analyses.

The Caribbean remains the first destination of investment in emerging Spanish chains. “Dominant presence in Cuba and highlighted in Rep. Dominican Republic and Mexico. Among the three countries, the large Spanish hotel chains add up around 150 hotels, says Banca March.

In Central and South America, the development offer focuses on Panama (+ 58%), Colombia, Costa Rica, Brazil (+ 9%) and Argentina (+ 6%); countries that seem to pick up the witness from Mexico, Dominican Republic, or Cuba.

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