Hotel Bookings Skid in the Mexican Caribbean
Hotels in the Mexican Caribbean aren’t very happy right now as they’re reporting a 10 percent decline in reservations this summer compared to last year.
By this time in 2018, Cancun, Puerto Morelos and Isla Mujeres hotels had sold 70 percent of their rooms. The decrease in reservations is causing many of the hotels to lower their rates by up to 15 percent in an effort to draw tourists.
Hotels in Riviera Maya are experiencing the same drop in bookings. They’re expecting a reduction in night reservations by up to 300,000 which is a $100 million loss for the year. The first four months of 2019, the hotels saw a loss of 81,000 nights.
The Riviera Maya currently has an average occupancy of 82 percent which is three percent lower than 2018. Cancun and Puerto Morelos are dealing with a six percent decrease from 2018 and an 80 percent average occupancy.
The reasoning behind the hotel drop could be a number of things. Some say it’s a lack of promotion, poor image of Mexico or the sargassum problem.
Some point out that flights to Mexico’s Caribbean areas are full and the reduction in hotel bookings shouldn't be happening.
Domestic travelers to Cancun have grown by five percent while international passengers have increased by seven percent. In Cozumel, the increase is 40 percent and five percent respectively.
Source: Travel Pulse