Market Report Mexico

HVS Report - Mexico Hotel Market: A Robust Industry Navigates Uncertainty - By Richard Katzman and Lorea Arnoldi

Rendering of the Caesars Palace Luxury Resort Coming to Puerto Los Cabos, Baja, Mexico
Mexico Hotel Market: A Robust Industry Navigates Uncertainty

The evolution of Mexico’s hotel industry over the past 25 years has accompanied important structural economic and political changes, including greater integration to the global economy and the gradual, if at times inconsistent, construction of democratic institutions.

It has similarly accompanied key trends in the global hotel industry, including development of a wide array of lodging products, rapid evolution of distribution systems, and merger and acquisition activity, to name just a few. Over the past year, as business markets have experienced declines resulting from economic and political uncertainly, most leisure markets have similarly felt limited impact.

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