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The world’s best summer travel destinations for visitors are rapidly transforming, with new arrivals in the U.S., Australia and Europe set to surge and a surge in Mexico as the country’s economy booms.
The country’s tourism industry is growing by about 6% per year and is expected to grow at the fastest rate in the world by 2020, according to a new study from research firm Deloitte.
But Mexico City is seeing the most dramatic growth.
In 2016, tourism revenue grew by almost 60% in Mexico City alone.
And the country has the second-largest number of people in the country, according the International Tourism Association.
In addition, Mexican President Enrique Pena Nieto has said Mexico will soon become a “city of the future.”
Tourism has been a key driver of growth in Mexico.
Tourism accounts for about 10% of Mexico’s economy, and in 2017, it contributed $8.6 billion to the countrys gross domestic product.
Mexico is also expected to become a major source of foreign direct investment (FDI) for the U, U.K. and other European countries in the years ahead, the UTA said.
In 2018, the World Tourism Organization expects Mexico to surpass the United States as the world’s leading tourist destination.
The new study, published Wednesday, found that the country will have the highest number of visitors in 2020, surpassing the U of A and surpassing Hong Kong.
Mexico City, which hosts the world famous Plaza de Mayo parade, will also see a dramatic increase in tourists, according Deloiseit.
Mexico’s tourism revenue rose 6.4% in the first quarter of 2019, the study said.
Tourism has grown faster than the country as a whole, which saw a 5.9% increase in spending in the quarter.
The report also noted that Mexico’s overall tourism revenue is projected to reach $3.9 trillion by 2020.
And Mexico’s economic growth has slowed down.
The unemployment rate is projected at 8.1% for 2020, compared to 10.6% in 2018, according data from the Ministry of Finance.
The government expects the jobless rate to dip to 8.3% by 2020 and to dip below 10% by 2023, the report said.