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This paper studies the main determinants of tourism demand of the APEC economies in Mexico. Panel data analysis is used. The evidence demonstrates the effect of word of mouth, relative prices and distance on tourism demand in all cases. The income variable affects developed and developing economies, while accommodation capacity was significant in the full sample and in developing economies. This research gets insight into the main variables that influence the demand for tourism in Mexico. Finally, it is concluded that tourists share experiences and that both income and prices continue to be factors that affect the decision to travel. [ABSTRACT FROM AUTHOR]

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This paper analyzes tourism demand in the countries of Europe for Mexico from 2005 to 2018. Unit root and cointegration tests in panel data are applied. Results indicate that there is presence of unit roots in the variables. A long-term equilibrium relationship was found among tourism demand, real exchange rate, and income, and also there are bidirectional causality relationships between these variables. The positive relationship among the variables implies that a depreciation of the domestic currency and a higher level of income of the releasing countries would generate greater tourism demand in Mexico. [ABSTRACT FROM AUTHOR]