In 2018 Mexico’s economy ranked second in Latin America and 15th in the world in terms of GDP, which totalled $1.22trn, according to the World Bank. In 2019 the newly elected President Andrés Manuel López Obrador has pushed ahead with efforts to meet his pledge to tackle corruption and implement austerity measures within the government, to reduce costs and curb excessive expenditures.
Articles & Analysis | A rising international profile and unique niche offering support tourism market in Papua New Guinea from The Report: Papua New Guinea 2019
With the new administration of Prime Minister James Marape committed to easing dependency on extractive industries, supporting diversification and stimulating job creation, the tourism sector offers significant potential. However, travelling in Papua New Guinea at present requires patience, perseverance and fortitude. Until infrastructure constraints, high travel costs and...
Articles & Analysis | The APEC Leaders' Summit draws international attention to Papua New Guinea from The Report: Papua New Guinea 2019
The APEC Leaders’ Summit in November 2018 put Papua New Guinea firmly on the map, but work remains to ensure the country’s tourism industry successfully capitalises on its time in the international spotlight. Over 9000 international visitors descended on Port Moresby for the two-day event, booking out the city’s hotels and requiring three Australian cruise ships to dock in the...
Interviews & Viewpoints | Heidi Kunkel, Vice-President of Australasia Operations, Hilton: Interview from The Report: Papua New Guinea 2019
Articles & Analysis | Outbound tourism from China drives sector growth in Papua New Guinea and across Asia Pacific from The Report: Papua New Guinea 2019
Over the course of less than two decades, China has gone from being a minor player to being the world’s largest and most lucrative source of outbound tourists. In 2017 alone Chinese nationals made more than 131m trips outside of their national borders, spending approximately $300bn in the process. The growing volume and financial clout of Chinese tourists presents considerable...
With the new administration of Prime Minister James Marape committed to easing dependency on extractive industries, supporting diversification and stimulating job creation, the tourism sector offers significant potential. However, travelling in Papua New Guinea at present requires patience, perseverance and fortitude. Considerable scope remains for savvy local and international operators to...