Determinants Of Tourism Demand: For Mexico
Instituto Tecnológico y de Estudios Superiores de Monterrey
Campus Monterrey
Determinants of Tourism Demand
For Mexico
Emilio Noé Hernández Kelly*
Fernando Mendoza López**
Econometría II
Dr. Héctor Rodríguez
Monterrey, Nuevo León, November 29th, 2004
I. INTRODUCTION
Tourism has long been considered a viable option for growth in many less Developed nations. It has been widely accepted that tourism is a low investment, high return industry making its profitability extremely high. In Mexico, the tourism industry directly provides around 8% of the GDP, and leaves even more through spillover effects.
Mexico owns many tourist attractions of different types. For example, Mexico has world renowned beaches and resorts, such as Cancun or Los Cabos. It also has many colonial cities, which mix a classic Spanish-European type architecture with an indigenous touch. Ancient ruins of lost......
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Approximate Pages: 9 (250 words per double-spaced page)
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