Economy

Services and tourism sector to generate 3.5 billion pesos in Mexico City during Easter

Canacope, the Small Chamber of Commerce, Services and Tourism of Mexico City, forecasts that tourism activity will operate at 35% of its capacity, compared to 2019

México – Galeria Aberta das Rejas de Chapultepec – exposição fotográfica Heroínas e Heróis da COVID-19 — Photo: Tania Victoria/Mexico City Secretary of Culture/Fotos Públicas

LABS

01.Apr.2021 18:08 BRT

Canacope expects the Easter holiday to generate an economic revenue of more than 3.5 billion pesos in Mexico City;
The figure would represent 60% of what was generated in 2019 for the same period, but it is higher than the revenues obtained in 2020, which was 40% compared to 2019;
Mexico reached the end of March with 203,210 deaths from COVID-19 but the government acknowledged that the country’s true death toll stands above 321,000.

Canacope, the Small Chamber of Commerce, Services and Tourism of Mexico City, said that it expects the Easter holiday to generate an economic revenue of more than 3.5 billion pesos.

The figure would represent 60% of what was generated in 2019 for the same period, but it is higher than the revenues obtained in 2020, which was 40% compared to 2019.

“This economic revenue will have a great impact on the services sector; therefore, hotels, restaurants and carriers will be the ones with the greatest influx of tourists this Easter despite the pandemic,” Canacope CDMX said in a statement according to Business Insider Mexico.

In its analysis, Canacope estimated that tourism activity will operate at 35% of its capacity, compared to 2019.

However, despite the good news in terms of economic activity, the agency asked consumers for caution, requesting the population to act with responsibility, following all the protocols and measures indicated by the authorities and commercial establishments, in order to avoid the increase in COVID-19 cases.

Mexico reached the end of March with 203,210 deaths from COVID-19 and almost 2.24 million infections, according to the Ministry of Health. But as the country does little testing, the Mexican government acknowledged, on Saturday, that the country’s true death toll stands above 321,000, nearly 60% more than the official test-confirmed number, which was 201,429 by that day.