Mexico Reaches Pre-Pandemic Travel Levels First
The latest update of the Skift Recovery Index shows Mexico being the first country in the index to reach pre-pandemic travel levels, registering a score of 100 in June 2021, indexed against June 2019. While these figures are evidence of the strong recovery made by the country’s tourism sector, a closer look at the different travel sectors shows that its lodging sector is booming, compensating for continued weakness in other sectors.
The country’s wider economy (macroeconomics—considering unemployment, industrial production, retail sales, and stock market returns) is also back to pre-pandemic levels, but the flight and drive segments still fall short. Traveler activity, which refers to travel intent and booking behavior by Mexican residents, also remains slightly suppressed.
The performance of the travel industry in the U.S. also continued to improve, with the country registering continuous growth for seven months running now. Its recovery score now stands at 93, well above the global average recovery score of 64.
While recovery appears to be on the home stretch, some sectors are still a work in progress. Does this news have you thinking about making a business change? Make sure your decisions are informed by research. Schedule a free consultation today or check out our research options here.
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