Mexico City – The Confederation of National Chambers of Commerce, Services, and Tourism (Concanaco-Servytur) is feeling optimistic about the upcoming summer vacation period. They expect an average hotel occupancy of 90%, with a projected economic boost of 770 billion pesos. These numbers are set to surpass pre-pandemic figures.
The tourism industry is on the rise, with a predicted 15% increase in business during the July-August season, indicating a positive trend in the Commerce, Services, and Tourism sector.
According to a survey conducted by Concanaco’s 257 member chambers, between July 26th and August 28th, over 4.5 million businesses in the service sector, especially those in tourist destinations, are set to generate 770.5 billion pesos nationwide.
The most sought-after destinations with confirmed reservations are beach locations, followed by “Pueblos Mágicos” (Magical Towns), and cities like Monterrey, Guadalajara, and Mexico City.
Concanaco estimates that the country’s average occupancy will be 90%, while popular tourist spots like Cancun, Mazatlan, Puerto Vallarta, Acapulco, and Los Cabos are expected to reach an impressive 98% occupancy.
Out of the estimated 50 million tourists expected during the summer holidays, 52% will choose formal hotel establishments for accommodation, 27% will stay with family and friends, and the remaining 20% will opt for shared lodging, such as houses or apartments.
The sectors benefiting the most from this surge in tourism are food and beverage, as well as accommodations, especially with the growing popularity of online reservations.
Concanaco urges domestic tourists to support formal businesses by making purchases at registered establishments, contributing to the continued growth of Mexico’s tertiary sector.
With reports from Contra Línea.