Luis Humberto Araiza, secretary of Tourism, Economy and Sustainability (SETUES) as well as president of the Union of Secretaries of Tourism of Mexico (ASETUR) attended the virtual presentation of the Impulse to the Hotel Sector program that is in charge of the owner in the field Federal government, Miguel Torruco Marqués, whose main objective is to seek financing for hotel MSMEs and travel agencies, as well as tourist transport services, in order to recover after the pandemic caused by Covid 19.

This program works hand in hand with Bancomext, Nacional Financiera and private banks in the Association of Banks of Mexico. The credits that could be granted could be from 200 thousand to 30 million pesos that would be paid six months after delivery within a period of sixty months with an interest rate of up to 13.5%

Luis Humberto Araiza, pointed out that the participation of the Development Bank is vital for the development of this plan, since in the face of the challenges that the health crisis has left, financing schemes available in the market are required, with guarantee programs that support MSMEs for their speedy recovery.

 “We must stay on the path of cooperation. Only united, we will be able to get out of this deep crisis that affects the sector. Only united, we will once again power up this great engine, which is tourism, and which moves the Mexican economy, ”said Araiza López.

Finally, the official recognized SECTUR and the Development Bank for the support given to companies in the hotel sector and commented: "They are the backbone of infrastructure and the offer of tourist services," he said.