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 Mexico Central North saw the steepest decline in occupancy Mexico Central North saw the steepest decline in occupancy

STR: Mexico Hotel Occupancy Falls During Q2

Mexico’s hotel industry reported lower occupancy levels but growth in room rates during the second quarter (Q2) of this year, according to STR.

Compared to Q2 2017, occupancy dropped 3.2 percent to 63.5 percent while average daily rate (ADR) rose 1.3 percent to MXN2,260.32 (USD119.60)

Revenue per available room (RevPAR) dropped 1.9 percent to MXN1,436.02 (USD75.98).

STR said Q2 2017 was the strongest on record for demand and occupancy. Beyond that difficult-to-match comparison, STR said there have been indications in recent months that the US-issued travel advisories and concerns over crime have caught up to the hotel industry in certain areas.

Mexico Northeast registered the largest performance increases across the three key metrics: occupancy (up 5.2 percent to 67.4 percent), ADR (up 3.6 percent to MXN1,275.10 [USD67.47]) and RevPAR (up nine percent to MXN859.86 [USD45.50]).