Tourist season may be over, but business season has just begun
There’s no doubt that Cancun and the Riviera Maya had an excellent and profitable tourist season with the millions who arrived this year. However, according to the Riviera Maya Association of Hotels, the season is hardly over.
The popularity of the region has maintained a continual growth and not only with tourists. According to Manuel Paredes Mendoza, director of the Riviera Maya Association of Hotels, the area will carry on with an average 70 percent vacancy rate even during the low season. The reason: business conventions.
Cancun and Playa del Carmen are highly-sought-after business destinations, a new niche of tourism that has seen a lot positive growth over the past decade. This year, Paredes Mendoza is forecasting a growth of between 20 and 25 percent in business tourism.
“The business tourism niche is a market that is a continually growing aspect of the destination. There are many companies this time of year that send their employees and encourage them to spend time in the Riviera Maya,” explained Manuel Paredes.
For those with real estate investment properties in places such as Playa del Carmen, Puerto Morelos and Tulum, vacation rentals within the business tourism niche are also on the rise.
“For these next upcoming months it is predicted that the occupation rate will be around 70 percent. Remember that this percentage is high season for many other destinations in the country, so we must not be concerned (…) normally we use this time to strengthen hotel infrastructure,” he said.
He also said that this time of year will be used to address the cleaning of the beaches with the removal of the Sargasso. Paredes Mendoza says that after speaking the specialists, he is confident that the arrival of cooler currents will eliminate additional Sargasso from reaching the beaches. By December, the seaweed problem should be over.
In a recent report from the Trust for Tourism Promotion of the Riviera Maya and Cozumel, the current hotel occupancy is 75 percent.