Mexico hotel sector faces declining occupancy and demand

The Mexican hospitality sector is facing challenges due to declining demand and low occupancy rates in various regions. In Tulum, hotels have implemented significant price reductions of up to 80 percent during the September low season to attract local and international visitors. Room rates that previously reached 5,000 pesos are now being offered between 800 and 1,000 pesos.

Similarly, Ciudad Victoria has reported a more than 20 percent drop in hotel occupancy over the last year. Rubén García Carcur, president of the local Association of Hotels and Motels, noted that some establishments are currently operating at approximately 50 percent capacity. Unlike major tourist hubs, Ciudad Victoria relies on sporting events and external visitors from other states to sustain demand, which has recently seen a notable decline.