By reputation the second of Mexico's beach resorts, PUERTO VALLARTA may be smaller and younger than Acapulco, but it is every bit as commercial – and perhaps even more so, since here tourism is virtually the only source of income. PV, as it is known, attracts a greater number of foreign visitors (mainly Americans) than does Acapulco, and thanks to its localized attractions, its vicissitudes and vices – as well as its few virtues – are more glaringly apparent.
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