Puerto Vallarta, Mexico will host the 42nd Mexican Ocean Racing Circuit, MEXORC, from March 09 – 14 as part of the festivities taking place for its 100th anniversary.
InterContinental Hotels Group (IHG) has announced that avid hotels, its new high-quality midscale brand, is now available for franchising across Mexico.
Victory Cruise Lines has created a nine-night all-inclusive cruise between Miami and Mexico’s Yucatan Peninsula.
Mexico’s sixth Hyatt Place hotel is set for a 2019 opening, after a Hyatt affiliate entered into a franchise agreement for the 144-key Hyatt Place Aguascalientes with affiliates representing Promotora Comercial Abadan.
2017 saw Puerto Vallarta, Mexico set new hotel occupancy and international arrival records, according to the region’s Hotel Association.
Carnival Cruise Line has announced it will expand capacity on its short cruise offerings from Galveston and New Orleans beginning in 2019.
Costa Sur Resort & Spa, in Puerto Vallarta, Mexico, is to increase its Ocean Front Suites offering on December 18 with the addition of 60 new suites to its room inventory.
The 6th edition of ILTM Americas brought together over 600 luxury travel professionals in Riviera Maya, Mexico during September 25 – 28.
In July, the Caribbean and Mexico region recorded 16,015 rooms in 89 hospitality projects in construction, marking a 23.6 percent year-on-year increase, as revealed in STR’s July 2017 Pipeline Report.
In the second quarter of the year (Q2), Mexico’s hotel industry recorded positive results in three key performance metrics, including 10.7 percent year-on-year increase in RevPAR to MXN1,1481.25 (USD82.71), as revealed by STR.
Meanwhile, average daily rate reached MXN2,253.96 (USD125.88), a jump of 7.3 percent compared to Q2 2016.
Hoteliers achieved a 3.1 percent rise in occupancy to 65.7 percent, marking the highest level for any quarter since the first quarter of 2006.
Attributing the growth to a surge of US arrivals, Fatima Thompson, associate director, business development, hotels, STR, said, “The favourable exchange rate and incredible value has been a key in driving US visitors to Mexico.”