Cancun, Riviera Maya nearly sold out for summer vacations

Posted By on July 6, 2015

With summer holidays well under way, Cancun and the Riviera Maya have seen a large increase in hotel reservations.

According to statistics from Despegar.com, internet hotel bookings for Cancun have increased 35 percent from April to June. The sharp increase in the demand for hotels has been linked to the rising dollar.

Cancun hotel accommodationsGabriel Rosillo, marketing manager of Despegar, an online travel agency said that “while there is an increase in demand for hotels we have seen that this increase has been mainly in local tourism, much of this is due to the rising dollar.”

At the same time, she added that according to data from the Ministry of Tourism, the percentage of hotel occupancy in the major tourist destinations in the summer of 2014 averaged 90 percent. Therefore, she said that those considering travel at this time of the year will need to take into account that finding hotel accommodations in Cancun and along the Riviera Maya may be tough, not to mention expensive.

However, Rosillo suggests that there are many seasonal promotions out there where travelers can get discounts of up to 50 percent, which can help save families money.

Family trips, for example, can be booked in one large room rather than in two or more double rooms, saving money. Many hotels have suits that can accommodate up to seven people. This is also a good time for people with rental units to fill their condos. With a 90 percent fill rate on hotel accommodations, renting private condos can be a great alternative.

property investment in playa del carmen

Due to the continually growing popularity of the Cancun, Riviera Maya region, buying a second home or investment property can be a great way to earn additional income. Buying a home in Playa del Carmen, for example, means you always have a place to stay when you, your friends or family want to take a break and head out for a beach vacation. When you’re not using your home, it can easily be rented out…and with a 90 percent hotel vacancy rate, your chances of filling it are pretty good!

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