+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Mexico Travel and Tourism Market Summary, Competitive Analysis and Forecast to 2027

  • PDF Icon

    Report

  • 77 Pages
  • March 2023
  • Region: Mexico
  • MarketLine
  • ID: 5765068
Travel & Tourism in Mexico industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The travel and tourism industry consists of revenues generated by passenger airlines, passenger rail, foodservice, hotels and motels, travel intermediaries and casinos and gaming market.
  • The Mexican travel and tourism industry had total revenues of $105.9 billion in 2022, representing a compound annual growth rate (CAGR) of 0.2% between 2017 and 2022.
  • Food service was the industry's largest segment in 2022, with total revenues of $64.7 billion, equivalent to 61.1% of the industry's overall value.
  • Mexico’s most prominent tourist destinations include Mexico City, Cancun, Acapulco, Riviera Maya, Guadalajara, Veracruz-Boca del Rio, Puebla, Mazatlán, Monterey, and Puerto Vallarta.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the travel & tourism market in Mexico
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel & tourism market in Mexico
  • Leading company profiles reveal details of key travel & tourism market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Mexico travel & tourism market with five year forecasts

Reasons to Buy

  • What was the size of the Mexico travel & tourism market by value in 2022?
  • What will be the size of the Mexico travel & tourism market in 2027?
  • What factors are affecting the strength of competition in the Mexico travel & tourism market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Mexico's travel & tourism market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players in the foodservice industry?
7.2. What strategies do these leading players follow?
7.3. How is technology being used by these leading companies?
7.4. How are consumer and cultural trends impacting foodservice companies?
7.5. Who are the leading players in the hotels and motels industry?
7.6. What strategies do the leading players follow?
7.7. What are the strengths of leading players?
7.8. How is technology being used by these leading companies?
7.9. Are there any threats to these leading players?
8 Company Profiles
8.1. Alsea SAB de CV
8.2. Yum! Brands, Inc.
8.3. Marriott International Inc
8.4. Doctor's Associates Inc
8.5. McDonald's Corp
8.6. Domino's Pizza, Inc.
8.7. Aeroenlaces Nacionales SA De CV
8.8. Choice Hotels International Inc
8.9. Aerovias de Mexico SA de CV
8.10. Barcelo Hotels and Resorts
8.11. Grupo Posadas SAB de CV
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related Research
10.4. About the Publisher
List of Tables
Table 1: Mexico travel & tourism industry value: $ billion, 2017-22(e)
Table 2: Mexico travel & tourism industry category segmentation: % share, by value, 2017-2022(e)
Table 3: Mexico travel & tourism industry category segmentation: $ billion, 2017-2022
Table 4: Mexico travel & tourism industry geography segmentation: $ billion, 2022(e)
Table 5: Mexico travel & tourism industry value forecast: $ billion, 2022-27
Table 6: Alsea SAB de CV: key facts
Table 7: Alsea SAB de CV: Annual Financial Ratios
Table 8: Alsea SAB de CV: Key Employees
Table 9: Yum! Brands, Inc.: key facts
Table 10: Yum! Brands, Inc.: Annual Financial Ratios
Table 11: Yum! Brands, Inc.: Key Employees
Table 12: Yum! Brands, Inc.: Key Employees Continued
Table 13: Marriott International Inc: key facts
Table 14: Marriott International Inc: Annual Financial Ratios
Table 15: Marriott International Inc: Key Employees
Table 16: Marriott International Inc: Key Employees Continued
Table 17: Marriott International Inc: Key Employees Continued
Table 18: Marriott International Inc: Key Employees Continued
Table 19: Doctor's Associates Inc: key facts
Table 20: Doctor's Associates Inc: Key Employees
Table 21: McDonald's Corp: key facts
Table 22: McDonald's Corp: Annual Financial Ratios
Table 23: McDonald's Corp: Key Employees
Table 24: McDonald's Corp: Key Employees Continued
Table 25: McDonald's Corp: Key Employees Continued
Table 26: Domino's Pizza, Inc.: key facts
Table 27: Domino's Pizza, Inc.: Annual Financial Ratios
Table 28: Domino's Pizza, Inc.: Key Employees
Table 29: Domino's Pizza, Inc.: Key Employees Continued
Table 30: CRG Holdings, LLC : key facts
Table 31: Aeroenlaces Nacionales SA De CV: key facts
Table 32: Aeroenlaces Nacionales SA De CV: Key Employees
Table 33: Aeroenlaces Nacionales SA De CV: Key Employees Continued
Table 34: Choice Hotels International Inc: key facts
Table 35: Choice Hotels International Inc: Annual Financial Ratios
Table 36: Choice Hotels International Inc: Key Employees
Table 37: Choice Hotels International Inc: Key Employees Continued
Table 38: Aerovias de Mexico SA de CV: key facts
Table 39: Aerovias de Mexico SA de CV: Key Employees
Table 40: Barcelo Hotels and Resorts: key facts
Table 41: Barcelo Hotels and Resorts: Key Employees
Table 42: Grupo Posadas SAB de CV: key facts
Table 43: Grupo Posadas SAB de CV: Annual Financial Ratios
Table 44: Grupo Posadas SAB de CV: Key Employees
Table 45: Mexico size of population (million), 2018-22
Table 46: Mexico gdp (constant 2005 prices, $ billion), 2018-22
Table 47: Mexico gdp (current prices, $ billion), 2018-22
Table 48: Mexico inflation, 2018-22
Table 49: Mexico consumer price index (absolute), 2018-22
Table 50: Mexico exchange rate, 2018-22
List of Figures
Figure 1: Mexico travel & tourism industry value: $ billion, 2017-22(e)
Figure 2: Mexico travel & tourism industry category segmentation: $ billion, 2017-2022
Figure 3: Mexico travel & tourism industry geography segmentation: % share, by value, 2022(e)
Figure 4: Mexico travel & tourism industry value forecast: $ billion, 2022-27
Figure 5: Forces driving competition in the travel & tourism industry in Mexico, 2022
Figure 6: Drivers of buyer power in the travel & tourism industry in Mexico, 2022
Figure 7: Drivers of supplier power in the travel & tourism industry in Mexico, 2022
Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in Mexico, 2022
Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in Mexico, 2022
Figure 10: Drivers of degree of rivalry in the travel & tourism industry in Mexico, 2022

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Alsea SAB de CV
  • Yum! Brands, Inc.
  • Marriott International Inc
  • Doctor's Associates Inc
  • McDonald's Corp
  • Domino's Pizza, Inc.
  • Aeroenlaces Nacionales SA De CV
  • Choice Hotels International Inc
  • Aerovias de Mexico SA de CV
  • Barcelo Hotels and Resorts
  • Grupo Posadas SAB de CV