Concanaco Servytur estimates 136 billion pesos from year-end dinners

The Confederation of National Chambers of Commerce, Services and Tourism (Concanaco Servytur) projects an economic impact of up to 136 billion pesos from New Year's Eve dinners in Mexican homes. This estimate accounts for average spending of 4,000 pesos per household or 1,000 pesos per person, across 34.1 million households in the country. For celebrations in hotels or restaurants, an impact of about 50 million pesos is anticipated.

Concanaco Servytur presented referential estimates on consumption during New Year's Eve dinners, emphasizing their importance to the national economy. According to the confederation's statement, about 85% of Mexican families celebrate this occasion at home with relatives and friends, driving the main economic spillover in the commerce sector.

Average spending is calculated at 4,000 pesos per household or 1,000 pesos per person, based on the country's 34.1 million households. These figures aim to highlight the impact on commerce, services, and tourism, without adding different scenarios such as homes and establishments.

For those choosing to celebrate away from home, in hotels or restaurants, the projection is approximately 50 million pesos in revenue for these businesses. Octavio de la Torre, president of Concanaco Servytur, stressed that these dates extend beyond mere celebration and offer a chance to boost the local economy.

The confederation advises the public to shop ahead, favor local suppliers, and engage in responsible consumption. These projections vary by region and celebration type but underscore the role of year-end festivities in strengthening the country's economy.

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