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This blog post will give you a sneak peek into one of the world’s fastest-growing hotel markets - Mexico.
Read out to find out more!
Mexico has quickly become one of the hotel industry’s newest hotspots for investment and development. The country’s hotel market is expected to experience significant revenue growth, with a projected figure of US$8.08bn in 2024*.
This annual growth rate of 4.91% will give Mexico’s hotel market a projected volume of US$10.2bn by 2029.
The market continues to grow, with Mexico’s hotel market also having a high concentration of resorts and luxury hotels.
The St. Regis Los Cabos will be part of the 1850-acre master-planned luxury Quivira community. It will offer a private beach club, village centre, nature reserves, and over 20 miles of scenic walking and biking trails. The hotel will include guestrooms, all of which will feature ocean views.
| Location | Los Cabos, Mexico. |
| Phase | New Building |
| No. of rooms | 120 |
| Schedule | Q4 in 2025 |
| Star Rating | Five star |
| More details | https://tophotelprojects.com/constructions/the-st-regis-los-cabos/?utm_source=thp&utm_medium=blog-post&utm_campaign=project |
Park Hyatt Mexico City will be part of a mixed-use development in the heart of the stylish Polanco neighbourhood. Featuring guestrooms and branded Park Hyatt Residences, the hotel will be located on the upscale Campos Eliseos Street overlooking the iconic Chapultepec Park. Many of Mexico City’s most important cultural and entertainment attractions will be within a short distance from the hotel.
| Location | Mexico City, Mexico. |
| Phase | Under Construction |
| No. of rooms | 178 |
| Schedule | Q4 in 2025 |
| Star Rating | Five star |
| More details | https://tophotelprojects.com/constructions/park-hyatt-mexico-city/?utm_source=thp&utm_medium=blog-post&utm_campaign=project |
Grand Island Cancun is a major upcoming multi-resort project, which will consist of a Dreams, a Hyatt Vivid, a Now Hotel and a Reflect Hotel. The project will have a whole host of amenities, including a 15,000 sqm, 10 restaurants and 2 discos. There will also be a separation between the family resorts and the adults-only Hyatt.
| Location | Cancun, Mexico. |
| Phase | Under Construction |
| No. of rooms | 616 |
| Schedule | Q2 in 2025 |
| Star Rating | Five star |
| More details | https://tophotelprojects.com/constructions/dreams-grand-island-cancun/?utm_source=thp&utm_medium=blog-post&utm_campaign=project |
Sources:
*https://www.statista.com/outlook/mmo/travel-tourism/hotels/mexico