By Dave Anderson:
One of the major sources of hard currency for the Mexican economy is tourism. Mexico has great beaches, great ruins, and an amazing array of topography. However, the penumbra of insecurity that has been created by the accelerating pace of cartel on cartel, government on cartel and random violence is inflicting tourism revenue costs on the Mexican economy.
First, the LA Times writes about Acapulco:
Acapulco is confronting more than the weight of history. The famed resort city has been the scene of vicious fighting among rival drug gangs that has killed more than 650 people in four years, the fifth-highest count for any Mexican city, according to government figures. The toll includes 30 men slain last weekend in and around the city. Fifteen of them were decapitated.
Most of the killing takes place outside the main tourist zone...
the violence at times penetrates the unofficial border between the two parts of the city. Two police officers were slain last week on Miguel Aleman Boulevard, the city's main thoroughfare. Now, truckloads of Mexican troops are in town...
Eagle Speaks passes along the news that the California to Mexico cruise industry is being squeezed by the threat of violence in Mexico:
Carnival Cruise Lines said Thursday it is pulling the last of its ships out of San Diego, and other cruise operators are departing Southern California because of economic woes and tourists' fears over traveling to Mexico....
In the first six months of 2010 just 187 cruises docked in Mexican ports, compared to 290 in the same period in 2008, the Times said.
Remember 2009 was at the height of the US recession so we should have expected to see a low number of cruise landings in Mexico because of low US demand, while 2010 has seen US upper middle class economic fortunes rebound, so the reduction is probably due to concerns on the Mexican end instead of economic factors in the US.
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