Results of Tourism Activity

Reporting Date: December 14, 2015 Results of Tourism Activity Mexico, October 2015 Asientos, Aguascalientes. Convento San Antonio de Padua. Izamal, Yucatán. Tapijulapa, Tabasco. Cascada de Apotla, Morelos. Undersecretariat of Planning and Tourism Policy

Index Outstanding Results, October 2015...... Analysis of Main Results in the Sector... 1 3 Arrival to Mexico of International Visitors 3 Income of Foreign Currency to Mexico due to International Arrivals 4 Average Expense 5 Long-Stay Tourism 5 Border Tourism 7 International Visitors to Mexico Arriving by Airplane 9 Domestic Tourism 11 Domestic Hotel Activity 11 Air Transportation 12 Main Airports 14 Maritime Transportation 15 Main Ports 16 Tourism Employment 17 Macroeconomic Indicators 18 Appendix.. 19

Outstanding Results, October 2015 International Visitors to Mexico (Banxico) According to Banco de México, the number of international tourists traveling to Mexico surpassed 25.8 million during the January-October period of 2015. The incoming of foreign currency from international visitors to Mexico in January-October of 2015 registered 14,151 million dollars. During the January-October period of 2015 the tourism balance was positive, totaling 5,939 million dollars. International visitors increased 7.8% in comparison to January-October of 2014, reaching 71.1 million of visitors. Mexico is positioned in 30th place according to the Travel & Tourism Competitiveness Index 2015 Report from the World Economic Forum. Hotel Activity Domestic tourism The percentage of hotel occupation in a group of 70 resorts was 2.44 percentage points higher in comparison to their occupation in January- October of 2014, reaching 59.3%. The arrival of domestic tourists to hotel rooms in these 70 resorts during the January-October period of 2015 was 43.7 million people, being 4.7% higher than the number reached in 2014 during the same period. 1

Air Transportation The arrival of passengers by air increased 12.8% during January-October period of 2015 in comparison to the arrivals during the same period of 2014, reaching 46.2 million of air plane passengers. The arrival of passengers on domestic flights exceeded 30.4 million people; this is an increase of 13.0% in comparison to January-October of 2014. Also, the number of domestic flights increased 3.7%. 15.7 million of passengers were recorded on international flights, 12.4% higher in comparison to the January-October period of 2014. This result was accompanied by a higher number of international flights (10.4%). As the number of people arriving by air to Mexico by nationality, registered during January-October 2015 shows that: Americans were the main group representing 57.5% of total arrivals by air, followed by Canadians with 11.4%; while people from Latin America and the Caribbean highlighted the Colombians with 2.8%. Maritime Transportation The ports that received the highest number of cruise passengers during the January-October period of 2015 were the following: Cozumel (2,691,038), Ensenada (576,885) and Majahual (307,502); Ensenada highlighted having an increase of 0.8% in comparison to the same period of 2014. Total cruise passenger arrivals increased 7.0% in comparison to the January-October period of 2014. While the number of cruise s arrivals increased 5.6%. 2

Million of tourists Million of people Analysis of Main Results in the Sector Arrival to Mexico of International Visitors Arrivals of Visitors According to Banco de México, there was an increase of 7.8% in the number of international visitors arriving to Mexico during the January-October period of 2015, in comparison to the same period of the previous year*. 8.5 8.0 7.5 7.0 6.5 6.0 5.5 Chart 1. Monthly Arrival of International Visitors 7.7 7.5 8.0 7.2 7.2 7.2 7.1 7.1 6.8 7.3 6.8 6.5 7.1 6.7 6.7 6.7 6.8 6.7 6.3 6.5 6.6 5.7 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total (Million of people) 2014: 66.0 2015: 71.1 Change: 7.8% * NOTE: In the charts, the sum of monthly data doesn t match to the cumulative period, due rounded. For more details see Appendix. Source: Balance of payments, Banco de Mexico. The arrival of international tourists also increased 9.7%, reaching 25.8 million of tourists. 3.5 Chart 2. International Tourists 3.1 2.7 2.3 1.9 2.6 2.4 2.5 2.3 2.8 2.7 2.5 2.5 2.3 2.4 2.7 2.5 3.0 2.6 2.5 2.4 2.1 2.4 2.1 2.6 3.3 Total (Million of tourists) 2014: 23.5 2015: 25.8 Change: 9.7% 1.5 Ene Feb Mar Abr May Jun Jul Ago Sep Oct Nov Dic Source: Balance of payments, Banco de Mexico. 3 1.8

Dec Nov Oct Sep Aug Jul Jun May Apr Mar Feb Jan International Visitors to Mexico Foreign Currency Income The influx of foreign currency from the arrival of international visitors had an increase of 8.2% during January-October of 2015 in comparison to the same period of the previous year. Chart 3. Income of Foreing Currency to Mexico from International Visitors 1,793.8 1,332.2 1,085.6 902.6 1,211.7 1,462.6 1,407.2 1,257.3 1,330.3 1,657.1 1,379.1 1,388.9 997.2 1,176.6 1,256.0 1,545.9 1,469.1 1,363.5 1,521.0 1,505.7 1,580.3 2015 2014 1,735.8 700 900 1,100 1,300 1,500 1,700 1,900 Millon of Dollars Source: Balance of payments, Banco de Mexico. Total (Million of dollars) 2014: 13,082 2015: 14,151 Change: 8.2% The Tourism Balance showed a positive result of 5,939 million of dollars accumulated in the January-October period of 2015, this means an increase of 10.9% in comparison to the same period of 2014. Chart 4. Tourism Balance (result) Dec Nov Oct Sep Aug Jul Jun May Apr Mar Feb Jan 814 431 250 137 294 623 672 504 548 997 772 560 223 319 327 522 647 681 657 721 4 836 2015 2014 1,007 100 200 300 400 500 600 700 800 900 1,000 1,100 Million of dollars Source: Balance of payments, Banco de Mexico Total (Million of dollars) 2014: 5,357 2015: 5,939 Change: 10.9%

Thousands of tourists Dec Nov Oct Sep Aug Jul Jun May Apr Mar Feb Jan International visitors to Mexico Average Expense During January-October of 2015, the average expense of international visitors increased 0.4% in comparison to the same period of the previous year; while the average expense of international tourists registered -0.7% lower in comparison to the same period of 2014. Chart 5. Average Monthly Expenditure of International Tourists 489.7 457.7 440.5 428.7 449.3 499.6 503.8 463.0 500.5 541.1 541.6 514.5 Source: Balance of payments, Banco de Mexico International Visitors to Mexico Long-Stay Tourism The long-stay tourists arrival increased 13.9% in the January-October period of 2015 compared to the same period of the previous year: 85.4% entered by air while the remaining 14.6% entered by land. 16,000 14,000 12,000 10,000 8,000 6,000 4,000 2,000 400.2 421.9 10,931 435.5 12,365 464.2 481.2 475.9 Chart 6. Long-Stay Tourists 2,121 1,785 0 By air By land Total Source: Balance of payments, Banco de Mexico 5 535.1 350 450 550 547.3 545.4 548.9 12,716 2015 2014 Dollars 14,486 Total (Dollars) 2014: 491.0 2015: 487.5 Change: -0.7% YTD October 2014 YTD October 2015

For the same period, the most meaningful expenditure of long-stay tourists was made by those arriving by air, totaling 11,195 million dollars (94.0%). Chart 7. Distribution of International Long-Stay Tourists' Expense during January-October 2015 By air 94.0% By land 6.0% Source: Balance of payments, Banco de Mexico Dec Nov Oct Sep Aug Jul Jun May Apr Mar Feb Jan The average expense of long-stay tourists decreased -4.4% during January-October of 2015 in comparison to the same period of the previous year, with 821.9 dollars. 787.5 832.6 845.1 864.7 841.7 838.0 852.5 866.5 866.2 899.7 873.2 844.7 Chart 8. Average Monthly Expenditure of Long-Stay Turists 734.7 743.9 757.7 762.7 779.6 837.1 871.6 6 902.9 893.0 2015 2014 910.5 700 750 800 850 900 950 Dollars Source: Balance of payments, Banco de Mexico Total (Dollars) 2014: 859.9 2015: 821.9 Change: -4.4%

Thousands of tourists International Visitors to Mexico Border Tourism The border tourists arrival increased 4.7% in the January-October period of 2015 compared to the same period of the previous year; 82.9% entered by automobile while the remaining 17.1% were pedestrians. Chart 9. Border Tourists 12,000 10,000 8,000 6,000 4,000 2,000 1,962 1,933 8,808 9,346 11,279 10,771 YTD October 2014 YTD October 2015 0 Pedestrians Automobiles Total Source: Balance of payments, Banco de Mexico For the same period, the most meaningful expenditure of border tourists was made by those travelling by automobile, totaling 562 million dollars which represented 86.0% of all border tourists. Chart 10. Distribution of International Border Tourists' Expense during January-October 2015 Automobiles 86.0% Pedestrians 14.0% Source: Balance of payments, Banco de Mexico 7

Dec Nov Oct Sep Aug Jul Jun May Apr Mar Feb Jan The average expense of border tourists increased 4.3% during January-October of 2015 in comparison to the same period of the previous year, with 57.9 dollars. 54.4 55.8 54.0 57.5 53.5 57.9 62.4 52.6 55.5 52.6 54.7 55.0 Chart 11. Average Monthly Expenditure of Border Tourists Source: Balance of payments, Banco de Mexico 54.1 55.4 55.3 56.5 58.1 57.9 58.0 61.1 60.9 2015 2014 62.2 45 50 55 60 65 Dollars Total (Dollars) 2014: 55.5 2015: 57.9 Change: 4.3% 8

International Visitors to Mexico Arriving by Air International Passengers In January-October of 2015, the American air-coming visitors represented 57.5% of all international passengers arriving by air. From the Latin America and the Caribbean region, the country with the highest number of arrivals into Mexico was Colombia with 333,747 visitors, increasing 27.1%. Source: Migration Policy Unit, SEGOB. 9

36,480 44,184 18,774 28,440 5,928 5,658 2,029 2,087 7,585 7,585 Passengers 318,060 339,926 230,392 248,451 108,583 106,626 75,232 85,448 23,899 29,860 120,697 123,743 Passengers 736,320 768,152 Passengers 2,405,350 2,898,825 836,438 988,786 852,888 892,787 538,691 620,518 491,552 572,477 778,128 882,231 During January-October of 2015, American visitors who arrived by air increased 16.1% compared with the same period of 2014, nearly 6.9 million passengers who arrived firstly by Cancun Airport, followed by Mexico City Airport. 3,200,000 2,700,000 2,200,000 1,700,000 1,200,000 700,000 200,000 Cancún, Q. Roo Source: Migration Policy Unit, SEGOB. The Canadian visitors who arrived by air to Mexico represented 5.2% higher in the January- October period of 2015 in comparison to the same period of 2014, exceeding 1.4 million passengers who arrived firstly by Cancun Airport, followed by Puerto Vallarta Airport. 910,000 760,000 610,000 460,000 310,000 160,000 10,000 Cancún, Q. Puerto Roo Vallarta, Jal. Source: Migration Policy Unit, SEGOB. In January-October of 2015, British visitors who arrived by air increased 10.0% compared with the same period of 2014, exceeding 427 thousand passengers who arrived firstly by Cancun Airport, followed by the Mexico City Airport. 360,000 320,000 280,000 240,000 200,000 160,000 120,000 80,000 40,000 0 Cancún, Q. Roo Source: Migration Policy Unit, SEGOB. Chart 13. American Passengers per Airport Ciudad de México (AICM) Los Cabos, B.C.S. Los Cabos, B.C.S. Puerto Vallarta, Jal. Ciudad de México (AICM) 10 Guadalajara, Jal. Chart 14. Canadian Passengers per Airport Chart 15. British Passengers per Airport Ciudad de México (AICM) Puerto Vallarta, Jal. Los Cabos, B.C.S. Zihuatanejo, Gro. Guadalajara, Jal. Total of American passengers 2014: 5,903,047 2015: 6,855,624 Change: 16.1% Others Total of Canadian passengers 2014: 1,295,123 2015: 1,362,280 Change: 5.2% Others Total of British passengers 2014: 388,856 2015: 427,880 Change: 10.0% Others

Rate Domestic Tourism Percentage of Hotel Occupation The percentage of hotel occupation of a group of 70 resorts during the January- October of 2015 was 2.44 percentage points higher in comparison to the same period of the previous year, reached 59.3% 62% Chart 16. Percentage of Hotel Occupation 60% 58% 56% 54% 56.84% 59.29% NOTE: Occupation by type of resort and total, are noted as weighed average. 52% 2014 2015 Source: Information of 70 resorts monitored by the Mexico s Tourism Information Statistics National System, DataTur. Domestic Hotel Activity Arrival of Tourists to Hotels In the January-October period of 2015, the arrival of domestic tourists to hotel rooms was over 43.7 million tourists (76.1%), the remaining arrivals (23.9%) was of foreign tourists. Chart 17. Arrivals of tourists to hotel rooms 2014 2015 Foreign Domestic 76.2% 76.1% 23.8% 23.9% Source: Information of 70 resorts monitored by the Mexico s Tourism Information Statistics National System, DataTur. 11

Thousands of people Thousands of people Air Transportation 6,000 5,500 5,000 4,500 4,000 3,500 3,000 The number of passengers arriving by air increased 12.8% during the January-October period of 2015 in comparison to the same period of the previous year, reaching 46.2 million of passengers. 4,404 4,113 3,955 3,612 Preliminary figures. Source: Airports and Auxiliary Services. Chart 18. Total Passengers 2014: 40.9 5,463 5,094 2015: 46.2 Change: 12.8% 4,700 4,598 4,690 4,611 4,557 4,154 4,065 4,105 4,100 4,798 4,082 4,477 3,525 3,964 4,273 4,769 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total (million of people) The number of passengers by air arriving on domestic flights in January-October of 2015 was 30,445,194 passengers, representing 3,503,232 additional passengers in comparison to the same period of the previous year. 4,000 3,500 3,000 2,500 2,705 2,540 2,432 Chart 19. Passengers in Domestic Flights 3,680 3,472 2,951 3,003 3,107 3,150 3,058 2,888 3,238 3,055 3,034 2,522 2,657 2,775 2,793 2,855 2,668 2,512 Total (million of people) 2014: 26.9 2015: 30.4 Change: 13.0% 2,000 2,182 1,500 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Preliminary figures. Source: Airports and Auxiliary Services. 12

Thousands of people The number of passengers by air arriving on international flights increased 12.4% exceeding 15.7 million of passengers during the January-October period of 2015 with 1,737,889 additional passengers in comparison to the same period of the previous year. 1,900 1,650 1,400 1,150 1,699 1,573 1,523 1,431 Chart 20. Passengers on International Flights 1,749 1,632 1,595 1,505 1,633 1,408 1,329 1,432 1,782 1,560 1,623 1,422 1,194 1,408 1,171 1,418 1,735 Total (million of people) 2014: 14.0 2015: 15.7 Change: 12.4% 1,013 900 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Preliminary figures. Source: Airports and Auxiliary Services. 13

Main Airports In the January-October period of 2015, the airports that received the most international passengers were: Cancun (5,416,500), Mexico City (2,727,034), Los Cabos (1,040,448), Puerto Vallarta (921,329) and Guadalajara (626,736); which represents 90.1% of all international passengers. Fuente: Unidad de Política Migratoria, SEGOB. 14

Arrivals Thousands of people Maritime Transportation Passengers and arrivals of Tourist Cruises During the January-October period of 2015, the number of cruise passengers reached 4,633,067 passengers, this is 7.0% highest in comparison to the same period of the previous year. While the number of cruise s arrivals in January-October of 2015 increased 5.6%, totaling 1,692 cruises. 800 700 600 500 400 669 547 Chart 21. Monthly Arrival of Passengers by Cruise 643 588 604 628 584 442 518 341 330 343 344 328 461 568 664 Total (Thousands people) 2014: 4,332 2015: 4,633 Change: 7.0% 300 200 355 282 333 336 288 100 - Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Source: General Coordination of Ports and Merchant Navy, Ministry of Communication and Transportation (SCT). Chart 22. Monthly Cruise's Arrivals 300 250 200 150 266 227 229 215 240 237 229 223 125 106 106 105 115 171 169 222 267 Total (Arrivals) 2014: 1,602 2015: 1,692 Change: 5.6% 100 50 138 90 100 100 103 - Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Source: General Coordination of Ports and Merchant Navy, Ministry of Communication and Transportation (SCT). 15

Main Ports In the January-October period of 2015, the ports that received the most cruise passengers were the following: Cozumel, Ensenada and Majahual; representing 77.2% of all the arrivals in the period. On the other hand, according to Banco de Mexico, the income of foreign currency from cruise visitors contributed with 2.3% of all the foreign currency during the same period of 2015. Source: General Coordination of Ports and Merchant Navy, Ministry of Communication and Transportation (SCT). 16

Employed People Tourism Employment Data available for the third quarter of 2015 shows 3.8 million people employed in Mexico tourism sector, which represented 8.3% of all national employment, with 3.64% higher in comparison to the same quarter of the previous year. 4,000,000 Chart 23. Tourism Employment (smoothed series) Quarterly Basis: 2010/I 2015/III Total (Million of people) 2014 / III: 3.6 2015 / III: 3.8 Change: 3.64% 3,750,000 3,754,628 3,500,000 3,250,000 I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV 2010 2011 2012 2013 Quarter Fuente: SECTUR. NOTE: The number of tourism employment data series are softened by an average of the last four quarters of it. The aim is to eliminate the irregular fluctuations series in the short and medium terms. 17

Macroeconomic Indicators Gross Domestic Product Inflation Entity Actual Variation (% dic/dic) 2015 2016 2015 2016 International Monetary Fund 2.31 2.80 2.62 3.02 OCDE 2.28 3.05 2.90 3.35 Banco de México Survey 2.44 2.74 2.40 3.34 Ministry of the Treasury and Public Credit 2.0 a 2.8 2.6 a 3.6 3.00 3.00 N.a. Not available. Source: IMF, World Economic Outlook (October 2015); OECD, Economic Outlook (2015/11); Banco de México, Expectations Survey Economic Specialists Private Sector (01/12/15); Secretaría de Hacienda y Crédito Público, General Criteria for Economic Policy 2016. Macroeconomic Perspective on Key Indicators of Mexico KEY ECONOMIC INDICATORS OF MEXICO Entries 2015-I 2015-II 2015-III 2015.01 2015.02 2015.03 2015.04 2015.05 2015.06 2015.07 2015.08 2015.09 2015.10 General Economic Activity and Services Identified with Tourism Gross Domestic Product. Millions of current pesos 17,538,990 17,929,450 18,168,980. Real annual variation (%) 2.5 2.3 2.6 Tertiary activities - Air Transportation (481). Millions of current pesos 34,827 39,200 47,206. Actual Yearly Variation (%) 11.8 18.1 18.6 - Temporary Lodging Services (721). Millions of current pesos 191,399 190,639 198,552. Actual Yearly Variation (%) 5.2 5.3 6.4 - Food and Beverages Preparation Services (722). Millions of current pesos 189,585 196,151 210,332. Actual Yearly Variation (%) 2.1 3.7 7.8 Quarterly Indicators of Tourism Activity Tourism Gross Domestic Product. Real annual variation (%) 2.7 4.2 Internal Tourism Consumption. Real annual variation (%) 2.3 4.2 - Domestic tourism consumption. Real annual variation (%) -0.3 1.5 - Ibound tourism consumption. Real annual variation (%) 19.9 24.9 Tourism Employment People Employed in the Tourism Sector* 3,656,957 3,688,029 3,754,628 Total number of IMSS-Insure Workers an Unemployement Rate Employees insured by IMSS (average of the period) 17,423,544 17,624,490 17,827,538 17,299,371 17,433,062 17,538,198 17,603,315 17,595,860 17,674,295 17,718,986 17,791,345 17,908,989 18,055,468.Permanent 14,882,613 15,077,770 15,260,369 14,794,354 14,884,954 14,968,530 15,024,445 15,062,413 15,146,453 15,187,532 15,249,519 15,344,056 15,460,720.Non-permanent (urban and field) 2,540,931 2,546,720 2,567,169 2,505,017 2,548,108 2,569,668 2,578,870 2,533,447 2,527,842 2,531,454 2,541,826 2,564,933 2,594,748 Unemployment National Rate ** (closing of the period). Total Percentage of PEA 4.23 4.35 4.60 4.41 4.47 4.33 4.36 4.39 4.38 4.37 4.35 4.26 4.37 Exchange Rate and Prices*** National Price Index (closing of the period) Consumer (percent variation) 3.14% 2.87% 2.52% 3.07% 3.00% 3.14% 3.06% 2.88% 2.87% 2.74% 2.59% 2.52% 2.48%. Air transport (percent variation) 10.00% 2.63% -4.50% 6.19% 6.16% 10.00% -9.24% 3.20% 2.63% 3.41% 3.48% -4.50% 0.08%. Hotel (percent variation) 4.67% 4.61% 4.46% 3.95% 5.31% 4.67% 4.13% 4.57% 4.61% 5.14% 4.88% 4.46% 4.85%. Package Tourist Services (percent variation) 13.07% 6.30% 6.33% 5.88% 4.57% 13.07% -3.13% 5.07% 6.30% 6.84% 6.64% 6.33% 7.47%. Restaurants (percent variation) 5.00% 4.50% 4.72% 5.38% 5.14% 5.00% 4.73% 4.65% 4.50% 4.31% 4.54% 4.72% 4.80% Exchange Rate (peso / dollar).average of the period 14.931 15.312 14.676 14.917 15.200 15.223 15.256 15.456 15.888 16.488 16.837 16.602 Business Cycle Indicators and Consumer Confidence (montly difference****). Coincident Indicator -0.009 0.010-0.001 0.004-0.006-0.009-0.008-0.004 0.010 0.015 0.009-0.001 N.a.. Forward Indicator -0.098-0.081-0.017-0.111-0.094-0.098-0.093-0.088-0.081-0.070-0.051-0.017 0.021.Confidence Consumer Index -0.042-0.057 0.024 0.021-0.011-0.042-0.063-0.063-0.057-0.051-0.023 0.024 0.069 N.a. Not available. * Quarterly indicator with information of ENOE and CSTM. Fourth quarter data is indicated for annual data. ** Percentage of all the economically active population. Data at the end of the period for annual and monthly figures and average period for quarterly information. *** For prices of the consumer: at the end of the year are annual variations and same month previos year is for monthly data variation. **** Point monthly difference (closing of the period). Sources: SECTUR, INEGI, STPS, Banco de Mexico. 18

APPENDIX 19

Table 1. Arrivals of International Visitors to Mexico Thousands of people January-October % of % Change participation 2015 International Visitors 65,979.2 71,117.8 100.0% 7.8% International Tourists (staying overnight) 23,486.6 25,765.4 36.2% 9.7% Non-border tourist (long-stay tourist) 12,716.0 14,486.3 20.4% 13.9% By airplane 10,930.7 12,365.3 17.4% 13.1% By land 1,785.3 2,121.0 3.0% 18.8% Border Tourists 10,770.6 11,279.1 15.9% 4.7% Pedestrians 1,962.5 1,932.8 2.7% -1.5% By car 8,808.2 9,346.3 13.1% 6.1% International Hikers (not staying overnight) 42,492.6 45,352.4 63.8% 6.7% Border hikers 37,994.1 40,560.6 57.0% 6.8% Pedestrians 7,846.8 8,236.7 11.6% 5.0% By car 30,147.3 32,323.9 45.5% 7.2% Cruise passengers 4,498.5 4,791.8 6.7% 6.5% Source: Balance of payments, Banco de Mexico. Table 2. Income of Foreign Currency to Mexico from Arrivals of International Visitors Millions of dollars January-October % of participation 2015 % Change International Visitors 13,082.4 14,151.2 100.0% 8.2% International Tourists (staying overnight) 11,532.6 12,559.5 88.8% 8.9% Non-border tourist (long-stay tourist) 10,934.4 11,906.2 84.1% 8.9% By airplane 10,366.8 11,195.4 79.1% 8.0% By land 567.6 710.7 5.0% 25.2% Border Tourists 598.2 653.4 4.6% 9.2% Pedestrians 81.1 91.2 0.6% 12.5% By car 517.2 562.1 4.0% 8.7% International Hikers (not staying overnight) 1,549.8 1,591.6 11.2% 2.7% Border hikers 1,220.3 1,261.9 8.9% 3.4% Pedestrians 226.4 227.5 1.6% 0.5% By car 993.8 1,034.4 7.3% 4.1% Cruise passengers 329.5 329.8 2.3% 0.1% Source: Balance of payments, Banco de Mexico. 20

Table 3. Average Expense Dollars January-October % Change International Visitors 198.3 199.0 0.4% International Tourists (staying overnight) 491.0 487.5-0.7% Non-border tourist (long-stay tourist) 859.9 821.9-4.4% By airplane 948.4 905.4-4.5% By land 317.9 335.1 5.4% Border Tourists 55.5 57.9 4.3% Pedestrians 41.3 47.2 14.2% By car 58.7 60.1 2.4% International Hikers (not staying overnight) 36.5 35.1-3.8% Border hikers 32.1 31.1-3.1% Pedestrians 28.9 27.6-4.3% By car 33.0 32.0-2.9% Cruise passengers 73.2 68.8-6.0% Source: Balance of payments, Banco de Mexico. Table 4. Long-Stay Tourism Means of January-October % of participation transportation 2014 % change Arrivals (thousands) By air 10,930.7 12,365.3 85.4% 13.1% By Land 1,785.3 2,121.0 14.6% 18.8% Total 12,716.0 14,486.3 100.0% 13.9% Expense (millions of dollars) By air 10,366.8 11,195.4 94.0% 8.0% By Land 567.6 710.7 6.0% 25.2% Total 10,934.4 11,906.2 100.0% 8.9% Average Expense (dollars) By air 948.4 905.4 N.c. -4.5% By Land 317.9 335.1 N.c. 5.4% Total 859.9 821.9 N.c. -4.4% Source: Balance of payments, Banco de Mexico. N.c. Not comparable 21

Means of transportation Table 5. Border Tourism January-October % of participation 2014 Arrivals (thousands) Pedestrians 1,962.5 1,932.8 17.1% -1.5% Automobiles 8,808.2 9,346.3 82.9% 6.1% Total 10,770.6 11,279.1 100.0% 4.7% Expense (millions of dollars) Pedestrians 81.1 91.2 14.0% 12.5% Automobiles 517.2 562.1 86.0% 8.7% Total 598.2 653.4 100.0% 9.2% Average Expense (dollars) Pedestrians 41.3 47.2 N.c. 14.2% Automobiles 58.7 60.1 N.c. 2.4% Total 55.5 57.9 N.c. 4.3% Source: Balance of payments, Banco de Mexico. N.c. Not comparable % change 22

Table 6. International Visitors to Mexico Arriving by Air, by Country of Nationality Continent / January-October Country of Nationality % change Foreigners 10,558,077 11,941,656 13.1% North America 7,198,453 8,218,200 14.2% Unites States 1/ 5,903,047 6,855,624 16.1% Canada 1,295,123 1,362,280 5.2% Latin America and the Caribbean 1,419,951 1,670,733 17.7% Brazil 249,984 260,125 4.1% Argentina 209,230 285,381 36.4% Colombia 262,600 333,747 27.1% Venezuela 141,518 111,133-21.5% Chile 93,760 112,717 20.2% Peru 113,699 135,491 19.2% Costa Rica 51,885 68,267 31.6% Guatemala 54,191 70,616 30.3% Cuba 46,520 51,340 10.4% Ecuador 44,537 54,107 21.5% Europe 1,508,834 1,561,967 3.5% United Kingdom 388,856 427,880 10.0% Spain 262,489 281,499 7.2% France 173,325 179,657 3.7% Germany 163,885 174,839 6.7% Italy 139,418 142,998 2.6% Netherlands 47,504 49,075 3.3% Asia 314,246 374,243 19.1% Japan 86,200 94,679 9.8% South Korea 58,421 74,324 27.2% Oceania 65,932 73,284 11.2% Australia 56,013 61,423 9.7% Africa 15,984 18,646 16.7% 1/ Includes those born in Puerto Rico. Preliminary information. Source: Migration Policy Unit, SEGOB. 23

Broken down according to the most relevant nationalities and airports: Airport January-October % change to Difference Percent variation 2013 2015 2013-2015 2014-2015 2013-2015 2014-2015 1 Cancún, Q. Roo 704,203 736,320 768,152 56.4% 63,949 31,832 9.1% 4.3% 2 Puerto Vallarta, Jal. 208,710 230,392 248,451 18.2% 39,741 18,059 19.0% 7.8% 3 Los Cabos, B.C.S. 118,102 108,583 106,626 7.8% -11,476-1,957-9.7% -1.8% 4 Ciudad de México (AICM) 71,147 75,232 85,448 6.3% 14,301 10,216 20.1% 13.6% 5 Zihuatanejo, Gro. 13,031 23,899 29,860 2.2% 16,829 5,961 129.1% 24.9% 6 Huatulco, Oax. 22,500 26,011 25,617 1.9% 3,117-394 13.9% -1.5% 7 Mazatlán, Sin. 23,406 23,394 24,245 1.8% 839 851 3.6% 3.6% 8 Cozumel, Q. Roo 17,573 18,649 20,917 1.5% 3,344 2,268 19.0% 12.2% 9 Manzanillo, Col. 12,151 13,529 15,316 1.1% 3,165 1,787 26.0% 13.2% 10 Guadalajara, Jal. 9,391 9,937 9,030 0.7% -361-907 -3.8% -9.1% Rest of the airports TOTAL Source: Migration Policy Unit, SEGOB. Table 7. International Visitors Coming by Airplane by Main Nationality Arrival of international visitors coming from the United States * by air per airport Airport January-October % change to Difference Percent variation 2013 2015 2013-2015 2014-2015 2013-2015 2014-2015 1 Cancún, Q. Roo 2,149,413 2,405,350 2,898,825 42.3% 749,412 493,475 34.9% 20.5% 2 Ciudad de México (AICM) 757,818 836,438 988,786 14.4% 230,968 152,348 30.5% 18.2% 3 Los Cabos, B.C.S. 826,212 852,888 892,787 13.0% 66,575 39,899 8.1% 4.7% 4 Puerto Vallarta, Jal. 440,372 538,691 620,518 9.1% 180,146 81,827 40.9% 15.2% 5 Guadalajara, Jal. 430,348 491,552 572,477 8.4% 142,129 80,925 33.0% 16.5% 6 Cozumel, Q. Roo 127,379 154,640 161,499 2.4% 34,120 6,859 26.8% 4.4% 7 Monterrey, N.L. 98,327 107,365 146,153 2.1% 47,826 38,788 48.6% 36.1% 8 Silao, Gto. 67,708 92,082 111,080 1.6% 43,372 18,998 64.1% 20.6% 9 Mazatlán, Sin. 54,181 56,689 66,062 1.0% 11,881 9,373 21.9% 16.5% 10 Zihuatanejo, Gro. 42,243 44,257 49,391 0.7% 7,148 5,134 16.9% 11.6% 11 Morelia, Mich. 32,539 40,057 47,170 0.7% 14,631 7,113 45.0% 17.8% 12 Querétaro, Qro. 33,460 37,023 42,860 0.6% 9,400 5,837 28.1% 15.8% 13 Aguascalientes, Ags. 21,368 21,942 27,413 0.4% 6,045 5,471 28.3% 24.9% 14 Zacatecas, Zac. 14,723 18,877 23,725 0.3% 9,002 4,848 61.1% 25.7% 15 San Luis Potosí, S.L.P. 14,557 18,020 21,836 0.3% 7,279 3,816 50.0% 21.2% 16 Chihuahua, Chih. 13,438 15,527 18,055 0.3% 4,617 2,528 34.4% 16.3% 17 Mérida, Yuc. 14,786 14,921 15,615 0.2% 829 694 5.6% 4.7% 18 Loreto, B.C.S. 15,017 15,019 15,535 0.2% 518 516 3.4% 3.4% 19 Manzanillo, Col. 12,744 12,435 14,233 0.2% 1,489 1,798 11.7% 14.5% 20 Toluca, Edo. Mex. 14,146 11,203 12,395 0.2% -1,751 1,192-12.4% 10.6% Rest of the airports TOTAL * People born in Puerto Rico not included. Source: Migration Policy Unit, SEGOB. 124,222 118,071 109,209 1.6% -15,013-8,862-12.1% -7.5% 5,305,001 5,903,047 6,855,624 100.0% 1,550,623 952,577 29.2% 16.1% Preliminary Figures. Note: The coverage has been included more airports each year, thus, it is different in every year, because of this, the comparisons among years is not exact. The total does not include the Not specified item; therefore, it may be different in comparison to the total of the migration statistics. Arrival of visitors entering Mexico from Canada by air per airport 30,685 29,177 28,618 2.1% -2,067-559 -6.7% -1.9% 1,230,899 1,295,123 1,362,280 100.0% 131,381 67,157 10.7% 5.2% Preliminary Figures. Note: The coverage has been included more airports each year, thus, it is different in every year, because of this, the comparisons among years is not exact. The total does not include the Not specified item; therefore, it may be different in comparison to the total of the migration statistics. 24

Airport January-October % change to Difference Percent variation 2013 2015 2013-2015 2014-2015 2013-2015 2014-2015 1 Cancún, Q. Roo 299,444 318,060 339,926 79.4% 40,482 21,866 13.5% 6.9% 2 Ciudad de México (AICM) 32,846 36,480 44,184 10.3% 11,338 7,704 34.5% 21.1% 3 Puerto Vallarta, Jal. 3,574 18,774 28,440 6.6% 24,866 9,666 695.7% 51.5% 4 Los Cabos, B.C.S. 6,123 5,928 5,658 1.3% -465-270 -7.6% -4.6% 5 Guadalajara, Jal. 2,047 2,029 2,087 0.5% 40 58 2.0% 2.9% 6 Monterrey, N.L. 1,614 1,754 2,057 0.5% 443 303 27.4% 17.3% 7 Silao, Gto. 589 764 757 0.2% 168-7 28.5% -0.9% 8 Cozumel, Q. Roo 1,269 652 688 0.2% -581 36-45.8% 5.5% 9 Querétaro, Qro. 640 590 585 0.1% -55-5 -8.6% -0.8% 10 Zihuatanejo, Gro. 286 347 314 0.1% 28-33 9.8% -9.5% Rest of the airports TOTAL Source: Migration Policy Unit, SEGOB. Preliminary Figures. Arrival of international visitors coming from the United Kingdom by air per airport 3,855 3,478 3,184 0.7% -671-294 -17.4% -8.5% 352,287 388,856 427,880 100.0% 75,593 39,024 21.5% 10.0% Note: The coverage has been included more airports each year, thus, it is different in every year, because of this, the comparisons among years is not exact. The total does not include the Not specified item; therefore, it may be different in comparison to the total of the migration statistics. January-October % change to Difference Percent variation 2013 2015 2013-2015 2014-2015 2013-2015 2014-2015 1 Ciudad de México (AICM) 123,803 142,038 177,568 53.2% 53,765 35,530 43.4% 25.0% 2 Cancún, Q. Roo 79,774 113,121 147,114 44.1% 67,340 33,993 84.4% 30.1% 3 Guadalajara, Jal. 2,519 2,734 2,693 0.8% 174-41 6.9% -1.5% 4 Monterrey, N.L. 1,791 1,523 2,007 0.6% 216 484 12.1% 31.8% 5 Tijuana, B.C. 71 82 712 0.2% 641 630 902.8% 768.3% 6 Los Cabos, B.C.S. 694 725 700 0.2% 6-25 0.9% -3.4% 7 Puebla, Pue. 25 45 675 0.2% 650 630 2600.0% 1400.0% 8 Puerto Vallarta, Jal. 352 463 491 0.1% 139 28 39.5% 6.0% 9 Villahermosa, Tab. 226 201 326 0.1% 100 125 44.2% 62.2% 10 Toluca, Edo. Mex. 191 174 236 0.1% 45 62 23.6% 35.6% Rest of the airports TOTAL Source: Migration Policy Unit, SEGOB. Preliminary Figures. Arrival of international visitors coming from the Colombia by air per airport Airport 1,141 1,494 1,225 0.4% 84-269 7.4% -18.0% 210,587 262,600 333,747 100.0% 123,160 71,147 58.5% 27.1% Note: The coverage has been included more airports each year, thus, it is different in every year, because of this, the comparisons among years is not exact. The total does not include the Not specified item; therefore, it may be different in comparison to the total of the migration statistics. 25

Table 8. Domestic Tourism Occupancy rate January-October Difference Total 56.84 59.29 2.44 Beach centers 62.19 64.95 2.76 Integral Planned 67.07 71.87 4.80 Traditionals 49.82 50.61 0.79 Cities 52.29 54.49 2.20 Large 59.24 62.95 3.71 Within the country 47.45 47.87 0.42 Border 46.83 54.84 8.02 NOTE: Occupation by type of resort and total, are noted as weighed average. Source: With information of the 70 centers that are being monitored by the Statistics Information National System of the Tourism Sector of Mexico Data Tur Table 9. Hotel Activity in Selected Resorts Tourist arrivals domestic and international (thousands) Domestic International Total Source: Domestic monthly estimate based on hotel activity monitored by the DataTur system. Preliminary figures. Source: Airports and Auxiliary Services. Table 10. Air Transportation Grand Total of passengers January-October % variation Grand Total 40,914,375 46,155,496 12.8% Domestic total 26,941,962 30,445,194 13.0% International total 13,972,413 15,710,302 12.4% Regular 40,356,415 45,547,727 12.9% Domestic total 26,889,467 30,385,002 13.0% International 13,466,948 15,162,725 12.6% Charter 557,960 607,769 8.9% Domestic total 52,495 60,192 14.7% International 505,465 547,577 8.3% 26 January-October % variation 41,750 43,719 4.7% 13,042 13,707 5.1% 54,793 57,427 4.8%

January-October % variation Grand Total 455,459 480,474 5.5% Domestic total 332,988 345,222 3.7% International total 122,471 135,252 10.4% Regular 451,224 475,686 5.4% Domestic total 331,994 344,256 3.7% International 119,230 131,430 10.2% Charter 4,235 4,788 13.1% Domestic total 994 966-2.8% International 3,241 3,822 17.9% Preliminary figures. Source: Airports and Auxiliary Services. Preliminary figures. Source: Airports and Auxiliary Services. Preliminary figures. Source: Airports and Auxiliary Services. Grand Total of Flights Domestic passengers January-October % variation Grand Total 26,941,962 30,445,194 13.0% Beach centers 4,853,127 5,437,574 12.0% Cities 22,088,835 25,007,620 13.2% Regular 26,889,467 30,385,002 13.0% Beach centers 4,813,741 5,387,181 11.9% Cities 22,075,726 24,997,821 13.2% Charter 52,495 60,192 14.7% Beach centers 39,386 50,393 27.9% Cities 13,109 9,799-25.2% Domestic flights January-October % variation Grand Total 332,988 345,222 3.7% Beach centers 58,044 59,290 2.1% Cities 274,944 285,932 4.0% Regular 331,994 344,256 3.7% Beach centers 57,365 58,550 2.1% Cities 274,629 285,706 4.0% Charter 994 966-2.8% Beach centers 679 740 9.0% Cities 315 226-28.3% 27

International passengers January-October % variation Grand Total 13,972,413 15,710,302 12.4% Beach centers 7,104,157 7,972,933 12.2% Cities 6,868,256 7,737,369 12.7% Regular 13,466,948 15,162,725 12.6% Beach centers 6,605,142 7,429,205 12.5% Cities 6,861,806 7,733,520 12.7% Charter 505,465 547,577 8.3% Beach centers 499,015 543,728 9.0% Cities 6,450 3,849-40.3% Preliminary figures. Source: Airports and Auxiliary Services. International flights January-October % variation Grand Total 122,471 135,252 10.4% Beach centers 51,655 58,318 12.9% Cities 70,816 76,934 8.6% Regular 119,230 131,430 10.2% Beach centers 48,668 54,617 12.2% Cities 70,562 76,813 8.9% Charter 3,241 3,822 17.9% Beach centers 2,987 3,701 23.9% Cities 254 121-52.4% Preliminary figures. Source: Airports and Auxiliary Services. Table 11. Maritime Transportation Arribal of passengers January-October by port % variation 1 Cozumel, Q.Roo 2,706,618 2,691,038-0.6% 2 Ensenada,B.C 572,515 576,885 0.8% 3 Majahual, Q.Roo 315,740 307,502-2.6% 4 Progreso, Yuc 235,179 278,148 18.3% 5 Cabo San Lucas,B.C.S 168,031 275,285 63.8% 6 Puerto Vallarta,Jal 167,998 229,141 36.4% 7 Mazatlán, Sin 34,750 124,075 257.1% 8 Huatulco, Oax 43,094 40,684-5.6% 9 Puerto Chiapas, Chis. 40,782 30,620-24.9% 10 Pichilingue,B.C.S 13,586 26,868 97.8% Rest 33,208 52,821 59.1% Total 4,331,501 4,633,067 7.0% Source: General Coordination of Ports and Merchant Navy, Ministry of Communications and Transportation (SCT) 28