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Francisco Córdoba Lira, executive director of Xcaret, stated in a press conference that 2004 was an "extraordinary year" for the group, as its income grew 28% year-on-year to 1.3 billion pesos (US$117 million). He explained that with its various tourist projects, profits were up 53% year-on-year and it hired 4% more staff.
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Anybody else find that last number surprisingly low, given all the admittedly "extraordinary" numbers leading up to it?
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Córdoba Lira stated that the delay in defining the future of the Home Port project was due to political issues, as the municipal president Gabriel Mandicut refused to give the group the go-ahead and hotel firms were strongly against the project. Nevertheless, the insider expressed his confidence that works would be started this year, especially considering the boom in cruise ship activities.
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Well of couse he did -- it's his business! I like that -- "political issues" -- as if to say that we all know that political issues are just useless wastes of time or something.
Steve