Mexican Tourism Rebounds

By
Services for Real Estate Pros with Mexico Real Estate

2009 was a tough year for tourism in Mexico, but as we move into 2010 amazing deals and discounts have caused the market to rebound hard, which will in turn help the Mexico real estate market. 

The combination of the global financial crisis and flu scare meant that the summer was quieter than usual for many tourist areas, but the Holidays and first weeks of January have seen indications that Mexican tourism is fast returning to its pre-crisis levels.

At the end of 2009, Cancun's central hotels reported they were at 97% occupancy, more reports said hotels in the Riviera Maya were 93% full and further afield, other Mexican beach destination hotels were said to be at least 80% full - from Acapulco to Puerto Vallarta to Mazatlán.

At the southern end of the Riviera Maya, the small town of Mahahual celebrated the arrival of 5 cruise ships over Christmas and the beaches were packed with vacationers again.

Even the number of foreign weddings were up, in Cancun, with more than 160 happy couples getting married in the last 2 weeks of 2009 according to the civil registry.

An agressive marketing campaign by the Mexican government along with favorable exchange rates for Americans and Canadians looking to escape the winter blues have helped drive the recovery. 

Hand-in hand with the marketing campaign have come heavily discounted vacation and flight packages from a wide range airlines and agencies.

As we move into the year we hope to see the tourism recovery continue, which in turn will boost local property markets and become yet another of the reasons to buy Mexico real estate in 2010.

Posted by

Investment Property

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Plaza Progreso 1D, C. Chetumal-Cancun. Playa del Carmen, Q. Roo 77710, México.

 

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Rainmaker
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Charles Stallions Real Estate Services
Charles Stallions Real Estate Services Inc - Gulf Breeze, FL
Buyers Agent 800-309-3414 Pace and Gulf Breeze,Fl.

What can I do to help you get your illegals out of the US. I know it isn't your fault but I want to know if there is something I can do, offer a vacation or what.

Jan 11, 2010 11:45 AM #1
Rainer
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Investment Properties Mexico
Mexico Real Estate - Miami, FL

Hi Joyce!

Thank you for your comment, but could you explain a little more what you mean? We're a real estate agency in Mexico run by an international team and selling to mainly international buyers/investors, so we're now sure how this relates to immigrants in the USA?

Thanks!

Investment Properties Mexico

Jan 12, 2010 12:31 AM #2
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Rainer
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Investment Properties Mexico

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