30 Best Places to Visit in Mexico that are Beautiful and Safe

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In this article, we will be taking a look at the 30 best places to visit in Mexico that are beautiful and safe. If you wish to see the top ones, head straight to the 10 Best Places to Visit in Mexico that are Beautiful and Safe.

Travel and tourism, a major predictor of global economic health, is one of the world's most vital industries that was completely devastated when COVID-19 struck. The sector nearly shut down in the early days of the pandemic due to lockdowns and travel restrictions. According to World Travel & Tourism Council (WTTC) estimates, the industry lost $4.5 trillion in GDP and 62 million jobs in 2020 alone.

However, the WTTC’s 2023 Economic Impact Research (EIR) revealed that the travel and tourism industry is showing strong signs of recovery. The industry has not only recovered by more than 95%, but it is expected to reach $9.5 trillion this year, barely 5% below its gross domestic product (GDP) contribution in 2019. Furthermore, 34 countries have already surpassed 2019 levels of travel GDP.

The industry's resiliency and the enduring demand for travel are demonstrated by this upturn. Nevertheless, full recovery of the industry, based on the global tourism body’s report, is predicted for 2024 and will be aided by the steadily rising number of Chinese visitors. In addition, by 2033, the industry is anticipated to employ 430 million people worldwide, making up 12% of the working population, and will contribute $15.5 trillion to the global economy (representing 11.6% of GDP).

In this context, investors can keep an eye on some of the top companies that stand to gain from a flourishing travel and tourism sector, such as Booking Holdings Inc. (NASDAQ:BKNG) and Airbnb, Inc. (NASDAQ:ABNB).

Airbnb, Inc. (NASDAQ:ABNB), founded in August 2008, allows travelers to book and manage their accommodations. On August 3, Airbnb, Inc. (NASDAQ:ABNB) posted earnings for the second quarter of 2023, reporting a GAAP EPS of $0.98, beating market estimates by $0.20. The revenue over the period was $2.48 billion, up 18.1% compared to the revenue over the same period last year.

Booking Holdings Inc. (NASDAQ:BKNG), an American travel technology company, had a total workforce of 21,600 people in 2022. The company beat market expectations on earnings per share and revenue in the second fiscal quarter. According to Insider Monkey’s second quarter database, 78 hedge funds were bullish on Booking Holdings Inc. (NASDAQ:BKNG), compared to 77 funds in the preceding quarter.

Here are some of the comments from Booking Holdings Inc. (NASDAQ:BKNG)’s, Q2 2023 Earnings Call: