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Mexico’s hotel industry gain momentum Mexico’s hotel industry gain momentum

Mexico’s Hotel Industry Gain Momentum, as per eRevMax Report

Mexico is leading the hospitality sector recovery in the Latin American market, as per reports published by hotel distribution leader eRevMax. This is based on account of the advance hotel booking numbers that have been steadily rising and showing stable growth.

eRevMax has been tracking key metrics as well as reservation trends for its connected properties across markets over the last few months. Mexico saw a sharp fall in March – April at the beginning of the pandemic and has since then witnessed a V-shaped recovery starting June-July.

Holding January of this year as constant and computing the percentage change across the following months, this report reflects the reservation trends, based on data processed by eRevMax for its client hotels worldwide.

Mexico was among the first LATAM countries to reopen travel back in June, and since then it has been leading the travel recovery with easy entry requirements and extra safety measures taken by the government being cited as a case study on doing things right. Cancun received the WTTC Safe Travel Stamp much before any major travel destination.

Other locations are now following suit to promote their commitment to cleanliness. Most of the tourism attractions have implemented public health protocols with social distancing and sanitization. The certification to showcase the government’s seriousness is clearly paying dividends with advance bookings now reaching 76 percent of pre-Covid level for our partner Mexican hotels.