Mexico stands out in tourism FDI as the 6th country in the global ranking


The country is above nations such as France, China, Portugal, and Japan, highlights the UNWTO. In terms of jobs, it leads the growth category with 31 thousand positions.

Mexico ranked as the sixth country that received the most Foreign Direct Investment in Tourism (FIDI) between 2018 and 2022, only behind nations such as the United States, the United Kingdom, Spain, Germany, and the United Arab Emirates.

In the referred period, the country counted 105 projects and was above nations such as France, China, Portugal, and Japan.

70% of investments in tourism were made in mature countries and only 30% in developing countries, as revealed by Natalia Bayona, executive director of the World Tourism Organization (UNWTO).

He mentioned that 66% of the investment made globally in tourism is allocated to hotels, 16% to technology and innovation, and 9% to entertainment.

Natalia Bayona recalled the challenges of climate change worldwide and that CO2 emissions in tourism alone will increase by 25%, however, of the 60% of the investments that were made in hotels, 26% had a climate action plan.” Are we building adequate and sustainable buildings and adequate and sustainable hotels?” She questioned.

The executive director of the World Tourism Organization indicated that the countries that are receiving investments, for the most part, offer financial and fiscal incentives, however, she said a greater injection of resources in human capital is needed.

Source: World Tourism Organization (UNWTO)

The Cabo Post