Investment in luxury hotel construction continues in Quintana Roo, where the world’s leading brands are building 20 properties in Cancún for operation, as well as eight more in Riviera Nayarit and four in Los Cabos.
Despite the current challenges unleashed by Donald Trump’s trade war, “Cancún and the Riviera Maya continue to consolidate themselves as strategic destinations for hotel and tourism investment in Mexico,” says Christian Lega, vice president of CBRE Mexico’s hotels division.
Cancún and the Riviera Maya are Mexico’s main tourism development hubs, adding 2,173 new rooms in six luxury hotels, according to the director of the real estate consulting, marketing, and services firm.
In Quintana Roo, luxury hotel companies will open more than 97 percent of the hotel rooms in the Mexican market during the first half of 2025, according to the consulting firm.
“The growth in rates and revenue per available room demonstrates the sector’s resilience and its ability to generate value in the medium and long term,” says Christian Lega.
The average daily rate registered significant growth, up 21 percent in Cancún and 15 percent in the Riviera Maya.
Meanwhile, revenue per available room (RevPAR) increased 27 percent in Cancún and 12 percent in the Riviera Maya, reflecting the strength and attractiveness of both destinations in the domestic and international tourism market.
In the second week of summer, Cancún reached an occupancy level of 76.3 percent, while the Riviera Maya registered 75.7 percent.
More than 14 luxury hotels are currently under construction in Cancún, the Riviera Maya, and Tulum, which will provide more than 3,397,000 rooms by 2026 and 2027, according to real estate consulting firm 4S Real Estate and CBRE Mexico.
Source: diarioelindependiente
