Asetur’s estimate of the contraction of tourism GDP exceeds that of April, when it predicted a 10% drop and losses of more than 10 billion dollars

The Gross domestic product (GDP) tourist Mexico could contract up to 29 percent due to the impact of the SARS-CoV-2 coronavirus pandemic, Luis Humberto Araiza, president of the Association of Secretaries of Tourism of Mexico (Asetur).

“Estimates indicate that the impact could be between 13 percent and 29 percent of tourism GDP, so the situation is serious, worrisome and we must continue looking for solutions,” said the leader of Asetur, which groups the country’s states. .

Consumption losses would be 500 billion pesos from March to May alone, the first three months of the COVID-19 disease in the country, Araiza said.

The Tourism in mexico, he added, contributes 8.7 percent of the national GDP, making it one of the main recipients of foreign exchange in the country, along with remittances, automotive exports and oil revenues.

The official assured that tourism is the activity most affected by the COVID-19 pandemic, which accumulates 71,105 cases and 7,633 deaths in the country.

This industry would take to recover until 2023, according to the recent estimate that Miguel Torruco, federal secretary of Tourism, shared with Efe.

Even so, the Government has already presented the “National Guideline for the Reopening of the Tourism Sector“With which he hopes to reactivate this industry within the program towards the” new normal “, which starts next week.

Although he highlighted this protocol as a tool of “trust” and “certainty” for travelers, Araiza considered that “there are many actions that must be implemented”.

“Now more than ever we have to be united. Given the limited support to face the crisis generated by the coronavirus pandemic, synergies and alliances, as well as support from different levels of government, will be essential, ”he argued.

The Confederation of National Chambers of Commerce, Services and Tourism (Concanaco Servytur) reported on Monday that the businesses of these branches stopped receiving income of 590 thousand 177 million pesos so far in the health contingency.

In the first four months of the year, Mexico only received 4.4 million international tourists, 34.8 percent less than in the same four-month period last year, the Anahuac Center for Tourism Research and Competitiveness (Cicotur) said this week.

In April, the annual drop was 98.7 percent, since only about 20,600 travelers arrived from abroad, according to Cicotur.

Asetur’s estimate of the contraction of tourism GDP It is higher than that of April, when it estimated a drop of 10 percent for this year, with losses of more than 10 billion dollars.

“We are hopeful that the faster we can overcome the pandemic, the easier we can get in time with a strong promotion so that tourist destinations will regain their flow of visitors,” said Araiza.

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