Category: Business

Laredo begins economic recovery with high hotel occupancy

LAREDO – During March and April of this year, hotel occupancy in Laredo remained at an average of 419%, surpassing the rest of the state's average occupancy of 30%, said Aileen Ramos, director of the Laredo Convention and Visitors Center...

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Retail sales grew 5.5% in March in Chihuahua

CHIHUAHUA – While nationally retail sales presented an annual fall of 11% during March, the state of Chihuahua recorded an increase of 55% in income from the supply of goods and services, according to data from the National Institute of...

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Hotel industry in Juarez does not have a reopening date

CIUDAD JUAREZ – The difficult outlook facing the hotel sector in Ciudad Juarez could be aggravated by the fact that they do not yet have a reopening date and there is a risk that two more hotels will close their doors to add up to 19 so far in...

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Border Economy Slow Recovery From Pandemic

By Nancy J Gonzalez Even though the supply chains around the globe are restoring little by little, the economic effects the Coronavirus pandemic left in the communities are here to stay At the US-Mexico border the economic recovery is...

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12% of Texas restaurants have permanently closed due to COVID-19

TEXAS – The Texas Restaurant Association released new stats on the impact COVID-19 shutdowns are having on its industry Roughly 12% of Texas restaurants have permanently closed because of the pandemic, according to Emily Williams Knight, the...

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New car sales drop in Chihuahua

CHIHUAHUA – For second month in a row, new car sales in the state of Chihuahua registered a historic drop amidst the problems caused by the coronavirus pandemic According to data from the Mexican Association of Automobile Dealers (AMDA), in...

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Cofetur prepares return of the tourism sector in Sonora

SONORA – The tourism sector is one of the most important in the state, but also one of the most affected, not only in Sonora, but also in the world However, this state is already preparing its gradual return to get back on track under the health...

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Malls in Juarez register losses of US$43 million

CIUDAD JUAREZ – Due to the closure of establishments as a measure to prevent the spread of the coronavirus, shopping centers in Ciudad Juárez reported losses of more than US$43 million Rolando Talavera, representative of the establishments...

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Chihuahua to restart essential activities in June

CHIHUAHUA – The reopening of essential economic activities in the state of Chihuahua will begin in June, announced the state minister of Labor and Social Welfare (STPS), Ana Luisa Herrera Laso The official said that before the reopening,...

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Housing prices in Nuevo Leon decrease

MONTERREY – The price of mortgage credit housing in the Monterrey metropolitan area, decreased 76% during the first quarter of the year, compared to the same period in 2019, according to data from the Federal Mortgage Society (SHF) index of the...

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