By The Rio Times | Created at 2025-03-03 11:10:06 | Updated at 2025-03-03 20:38:26
11 hours ago
Foreign Direct Investment (FDI) in Mexico’s tourism sector reached $2.87 billion in 2024, marking a 7.8% increase compared to 2023, according to Josefina Rodríguez, head of the Ministry of Tourism.
This growth highlights the sector’s resilience and its appeal to international investors. Baja California Sur led the way, attracting $1.04 billion, or 36.2% of the total FDI in tourism.
Quintana Roo followed with $787 million, representing 27.4%, while Nayarit secured $330 million, accounting for 11.5%. These regions underscore their importance as key destinations for foreign capital in Mexico.
Investment in furnished apartments with hotel services dominated the sector, totaling $1.94 billion. Hotels offering integrated services accounted for $798 million.
Together, these segments represented 95.5% of all tourism-related FDI, emphasizing their central role in driving foreign interest. Rodríguez attributed this influx of foreign capital to investor confidence in Mexico’s economic stability and potential for growth.
Foreign Investment in Mexico’s Tourism Sector Surges to $2.87 Billion in 2024. (Photo Internet reproduction)She emphasized that these investments enable the development of modern and sustainable infrastructure, which creates jobs and improves living standards for local communities.
Between 1999 and 2024, Mexico’s tourism sector accumulated $35.6 billion in FDI, equivalent to 4.7% of all foreign capital received during that period. This long-term trend reflects the sector’s consistent ability to attract international investment and its strategic importance within the broader economy.
The figures reveal not only the attractiveness of Mexico’s tourist destinations but also the growing demand for high-quality infrastructure and services in these regions.
Foreign investment continues to flow into tourism, and its impact on local economies and job creation remains significant. This reinforces the sector’s role as a pillar of Mexico’s economic development.
