Mexico main tourism competitor

[NewsWhore]

The Central Bank's monthly report on the tourism sector reveals that Mexico has become the DR's main competitor for the North American tourist market. According to Hoy the devaluation in the Mexican peso has made Mexico a cheaper alternative and the principal competitor for the DR. With the downturn in the US economy and the need for Americans to save as much as possible, Mexico could become a more financially savvy tourist destination. The report indicates that in the last nine months 2,729,996 tourists from 27 countries came to the DR. This is a 3.6% increase compared to January-September 2007, when 95,618 people came to the DR. Of the total amount, 87.3% of visitors were non-resident tourists.

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