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The Mexico Hospitality Market Report is Segmented by Type (Chain Hotels, Independent Hotels), Accommodation Class (Luxury, Mid & Upper-Mid-Scale, Budget & Economy, Service Apartments), Booking Channel (Direct Digital, Otas, Corporate/MICE, Wholesale & Traditional Agents), and Geography (Northwest, Northern Border, Central, Mexico City Metro, Bajío-Pacific Coast, and Other). The Market Forecasts are Provided in Terms of Value (USD).
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Mexico Hospitality Market size was valued at USD 26 Billion in 2024 and is projected to reach USD 46 Billion by 2032, growing at a CAGR of 7.74% from 2025 to 2032.Growing International Tourism Recovery and Expansion: Mexico has had a spectacular recovery and rise in international travel, which is fuelling the expansion of the hotel sector. According to the Mexican Ministry of Tourism (SECTUR), international tourist arrivals will reach 38.3 million in 2023.Increasing Domestic Tourism and Business Travel: Domestic tourism has emerged as a key driver of Mexico's hospitality market growth. Domestic tourists took 260 million journeys within Mexico in 2023, up 28% from 2019.Investment in Tourism Infrastructure and Hotel Development: Significant expenditures in tourism infrastructure and hotel construction are fuelling market expansion. The National Fund for Tourism Development (FONATUR) reports an investment of USD 8.2 billion in tourism infrastructure projects between 2020 and 2023.
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TwitterUSD 98.99 Billion in 2024; projected USD 153.11 Billion by 2033; CAGR 4.91%.
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Mexico Hotel Management Software Market growth is driven by increasing digital transformation in hospitality, AI-powered automation, and the rise of cloud-based hotel solutions.
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This dataset inlcudes monthly tourism indicators of the Mexican hospitality sector from 1992 to 2018.
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Twitter************* was the leading hotel company in Mexico in 2024, generating over ** billion Mexican pesos in net revenue that year. The Mexican conglomerate also operates in the cruise and airport industries, among others.
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TwitterUSD 135.64 Million in 2024; projected USD 341.5 Million by 2033; CAGR 10.78%.
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The Hotels and Motels industry in Mexico comprises establishments that primarily provide short-term accommodation services to consumers. They provide accommodation through hotels, motels and resort hotels. Some operators in this industry also offer auxiliary services such as restaurants, bars, spas, water parks and more. However, the primary function of any establishment in this industry is short-term accommodation. The main consumers of these services are households. Consumers, both domestic and foreign, travel throughout Mexico for reasons such as tourism, familial visits and education. The industry in Mexico is heavily reliant on international visitors to stay for extended periods, as those consumers typically spend the most on high-end resorts while they stay. Businesses also utilize hotel and motel services for their employees that are traveling for work-related reasons, however, these consumers represent a much smaller share of the industry. This industry does not include temporary accommodations in other services such as campsites, short-term home rentals and long-term timeshares.
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Comprehensive dataset containing 57 verified Hospitality and tourism school businesses in Mexico with complete contact information, ratings, reviews, and location data.
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TwitterThe economic contribution of hotel guests in Mexico City in 2024 was set to surpass the nearly *** billion Mexican pesos recorded in the previous year. Between January and July 2024, hotel visitors in the Mexican capital spent more than ** billion Mexican pesos.
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TwitterUSD 715.13 Million in 2024; projected USD 1369.89 Million by 2033; CAGR 7.55%.
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TwitterUSD 1.52 Billion in 2024; projected USD 2.8 Billion by 2033; CAGR 7%.
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TwitterUSD 124.88 Million in 2024; projected USD 213.11 Million by 2033; CAGR 6.16%.
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Mexico Hotel Toiletries Market has witnessed robust growth with rising demand for high-quality & personalized guest amenities in hospitality sector.
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Comprehensive dataset containing 32 verified Hospitality high school businesses in Mexico with complete contact information, ratings, reviews, and location data.
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TwitterUSD 463.3 Million in 2024; projected USD 1107.06 Million by 2033; CAGR 10.16%.
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TwitterGrupo Posadas was the largest domestic hotel group in Mexico as of early 2022, operating *** properties in total. Grupo Posadas owns the brands Live Aqua, Fiesta Americana, Curamoria, among others.
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TwitterAccording to estimates of ***********, the most optimistic development for Mexico’s COVID-19 situation in the remaining months of the year have the potential to see the country's accommodation industry generate **** billion U.S. dollars in annual revenue. In the best possible scenario, Mexico's hotel occupancy could reach **** percent, with a total of *** million overnight tourists by the end of year. On the other hand, in a scenario considering a high risk of COVID-19 infection, the number of travelers staying in hotels or similar establishments across the country would amount to **** million. This would translate into a hotel occupancy of **** percent and revenues amounting to **** billion U.S. dollars for this industry.
Hotel occupancy in Mexico
Since 2016, Mexico passed the ** percent mark in hotel occupancy, and it even rose above ** percent in 2017. This represents an overall increase of around eleven percentage points, when compared to the rate recorded at the beginning of the decade. However, in Mexico’s key tourism markets, hotel occupancy exceeds these numbers. During the first half of 2019. For example, over ** percent of hotel rooms in the areas of Nuevo Vallarta, Playacar, and the Riviera Maya were occupied. Nevertheless, these rates inevitably plunged during the first semester of 2020 due to the consequences of the COVID-19 pandemic.
Average daily rate of hotels in Mexico
The average daily rate (ADR) is a performance indicator used in the accommodation industry to calculate the average rental income per occupied room over a specific time period. In 2019, the ADR in Mexico amounted to ***** Mexican pesos, around *** U.S. dollars at the time of the exchange rate in December 31, 2019.
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Comprehensive dataset containing 47,655 verified Hotel businesses in Mexico with complete contact information, ratings, reviews, and location data.
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TwitterThe traditional Mexican holiday of the Day of the Dead (or Día de Muertos) in 2023 is estimated to generate a revenue of nearly *** billion Mexican pesos for the hotel industry in the country. The holiday takes place on November 1 and 2, though including the weekend prior to those days, Mexican hotels are expected to welcome roughly *** million tourists.
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The Mexico Hospitality Market Report is Segmented by Type (Chain Hotels, Independent Hotels), Accommodation Class (Luxury, Mid & Upper-Mid-Scale, Budget & Economy, Service Apartments), Booking Channel (Direct Digital, Otas, Corporate/MICE, Wholesale & Traditional Agents), and Geography (Northwest, Northern Border, Central, Mexico City Metro, Bajío-Pacific Coast, and Other). The Market Forecasts are Provided in Terms of Value (USD).