High US dollar means increase in domestic travel

Posted By on January 18, 2016

The steady rise of the US dollar has meant a steady rise in domestic tourism to the Riviera Maya. As the US dollar surpasses the 18 peso mark, domestic tourism has seen an increase by nearly 7 percent already this year.

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Julián Balbuena Alonso, CEO of Best Day Travel, says that local destinations such as Quintana Roo are benefiting from the high American dollar as the state attracts domestics travelers.

Areas such as Cancun, Isla Mujeres and the Riviera Maya are favorite spots for locals along with other beach destinations on the Pacific Coast such as Puerto Vallarta and Los Cabos. He says that the high exchange rate has resulted in about 80 percent of Mexican travelers staying in the country. Instead of heading to the US, Mexican travelers are heading to the coasts to spend their vacation.

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The Ministry of Tourism of Quintana Roo has reported a 7 percent increase in domestic tourism. They also report that of the 15.6 million visitors to the region last year, Mexican nationals took second place behind US visitors.

The months of December and into January saw a near 100 percent occupancy rate for most of the region as tourists flocked to the sandy beaches of the Riviera Maya. As exchange rates continue to rise and visitors continue to head south, there is an anticipated 15 percent growth rate in tourism for 2016.

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