Country/Product Entry Brief: Mexico and Hotel/Restaurant Equipment
1. Mexico’s Background
Mexico is a federal constitutional republic in North America. It is bordered on the north by the United States and on the southeast by Guatemala and Belize. Mexico is a federation comprising thirty-one states and a federal district, the capital Mexico City, whose metropolitan area is one of the worlds most populous. Covering almost 2 million square kilometres, Mexico is the fifth-largest country in America by total area and the 14th largest independent nation in the world. With an estimated population of 109 million it is the 11th most populous country and the most populous Spanish-speaking country in the world.
As a regional power and the only Latin American member of the Organisation for Economic Co-operation and Development (OECD) since 1994, Mexico is firmly established as an upper middle-income country. Mexico is a newly industrialized country and the 11th largest economy in the world by GDP by purchasing power parity.
2. Background on Hotel Restaurant Supply Incorporation
Hotel Restaurant Supply (HRS) is located in Florida, U.S and is a unique, one-stop source that offers top quality hotel and restaurant merchandise from the most respected manufacturers in the world. HRS is a family run business that has been sustained for over 40 years and in addition to serving North America, it has a long and respected history of providing service to the Caribbean, and Latin and Central America.
The mission of Hotel Restaurant Supply is to “partner with owners, architects, developers, engineers and end users, providing commercial kitchen design and interior design that is efficient, functional and innovative; achieving the highest quality level of service and professionalism in the food service and design industry. “
3. Market opportunities for Hotel and Restaurant Equipment
The Mexican Restaurant Industry grew by 2.5 percent in 2008. Despite the economic slowdown,...