Country Analysis Research Paper Example | Topics and Well Written Essays - 1500 words

Country Analysis - Research Paper Example It was a collaboration of independent study and this Company's own study that we came up with some concrete decisions. Mexico is a good place of destination for tourists. Tourists can come from the USA because it shares a border with that economic power. Brazil also has a stable economic and political background. Both are stable politically and economically, so we have to give a discrete study and analysis on these two. Our study focused on the political, economic and business environments of the two countries touching on areas such as GDP and GNP, political background and stability and economic upturn or downturn during recent surveys. Primary research was provided by an independent think tank, but our very own Company did not waste time in surfing the web for possible clues and more data, from reference books, periodicals and other sources of data. This report analyses the sociopolitical and economic environments of Brazil and Mexico, and a commercial expansion potential for hotel industry. The basis for an expansion of a chain of hotels will be taken out of this study. Brazil and Mexico were chosen as expansion because the two countries showed growth in GDP in recent years. Our hotel business plans to expand by 2008 and has considered Mexico or Brazil to be the two countries where we can expand our business. ... Mexico is our next investment destination for our chain of hotels. 1.0 Introduction This report analyses the sociopolitical and economic environments of Brazil and Mexico, and a commercial expansion potential for hotel industry. The basis for an expansion of a chain of hotels will be taken out of this study. Brazil and Mexico were chosen as expansion because the two countries showed growth in GDP in recent years. 1.1. Product Profile Our hotel business plans to expand by 2008 and has considered Mexico or Brazil to be the two countries where we can expand our business. Our studies revolve around the socio-political, and economic and business environment perspectives of the two countries. We have concluded that it has to be only one country as place for expansion by the year, so that only one will be chosen as a result of this study. It will be either Brazil or Mexico. The studies focused on the cost of travel and tourism inside the country and the influx of tourists, costs of hotel accommodations and travel, international tourists who are the customers, and income expenditures. 2.0 Country Analysis on Mexico 2.1 Socio political environment of Mexico Mexico is an important tourism generator, just outside the top 20 in terms of expenditure, yet it is also a 'one destination' country. Roughly nine out of every ten outbound travelers go to the USA. A quarter of the population live in extreme poverty, while the richest 10% enjoy more than one-third of the total household income and the richest 20% earn more than half. According to the World Bank, Mexico ranks around 75th in the world in terms of GDP per capita, and a market to watch for the future. There was a catastrophe