Mexico Hotels Market Report and Forecast 2025-2034
Description
The Mexico hotels market size is projected to grow at a CAGR of 5.10% between 2025 and 2034. The market is being driven by the robust growth of the tourism sector in the country.
Driven by a high traveller footprint from neighbouring countries, the demand for luxury hotels in Mexico has witnessed significant growth. This is one of the key Mexico hotels market trends. To attract the younger generation towards premium room offerings and provide a wholesome living experience, major market players are incorporating sustainable practices in hotel construction and design. This includes minimising plastic usage and cutting down on water consumption and practices that cause land disturbance. The provision of various wellness services, including yoga, massages, and spas in hotels is also an attractive offering for consumers, which is expected to drive the Mexico hotels market growth.
The provision of personalised services and individualised décor provided by boutique hotels have made them an increasingly attractive option for travellers to stay. Boutique hotels are small in size and they provide traditional and local Mexican cuisines. This enables travellers to enjoy an authentic cultural experience and learn historic details from the guided tours provided by some hotels, which is likely to drive the Mexico hotels market expansion in the coming years.
Increasing investments by major market players in the construction of new resorts and hotels in Baja California and other regions is expected to attract more tourists and leverage the market growth.
Market Segmentation
Mexico Hotels Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type:
Chain Hotels
Independent Hotels
Market Breakup by Star Ranking:
3 Stars and Below
4 Stars
5 Stars and Above
Market Breakup by Region:
Baja California
Northern Mexico
The Bajío
Central Mexico
Pacific Coast
Yucatan Peninsula
Competitive Landscape
The major Mexico hotels market players are:
Vidanta
Hyatt Hotels Corporation
Hoteles City Express SAB de CV
Grupo Posadas, S.A.B. de C.V
Grupo Real Turismo, SA de CV
Playa Management USA, LLC
Meliá Hotels International, S.A
InterContinental Hotels Group Plc
Marriott International, Inc.
Hilton Worldwide Holdings Inc.
Others
Driven by a high traveller footprint from neighbouring countries, the demand for luxury hotels in Mexico has witnessed significant growth. This is one of the key Mexico hotels market trends. To attract the younger generation towards premium room offerings and provide a wholesome living experience, major market players are incorporating sustainable practices in hotel construction and design. This includes minimising plastic usage and cutting down on water consumption and practices that cause land disturbance. The provision of various wellness services, including yoga, massages, and spas in hotels is also an attractive offering for consumers, which is expected to drive the Mexico hotels market growth.
The provision of personalised services and individualised décor provided by boutique hotels have made them an increasingly attractive option for travellers to stay. Boutique hotels are small in size and they provide traditional and local Mexican cuisines. This enables travellers to enjoy an authentic cultural experience and learn historic details from the guided tours provided by some hotels, which is likely to drive the Mexico hotels market expansion in the coming years.
Increasing investments by major market players in the construction of new resorts and hotels in Baja California and other regions is expected to attract more tourists and leverage the market growth.
Market Segmentation
Mexico Hotels Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type:
Chain Hotels
Independent Hotels
Market Breakup by Star Ranking:
3 Stars and Below
4 Stars
5 Stars and Above
Market Breakup by Region:
Baja California
Northern Mexico
The Bajío
Central Mexico
Pacific Coast
Yucatan Peninsula
Competitive Landscape
The major Mexico hotels market players are:
Vidanta
Hyatt Hotels Corporation
Hoteles City Express SAB de CV
Grupo Posadas, S.A.B. de C.V
Grupo Real Turismo, SA de CV
Playa Management USA, LLC
Meliá Hotels International, S.A
InterContinental Hotels Group Plc
Marriott International, Inc.
Hilton Worldwide Holdings Inc.
Others
Table of Contents
89 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Regions
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Mexico Hotels Market Overview
- 5.1 Key Industry Highlights
- 5.2 Mexico Hotels Historical Market (2018-2024)
- 5.3 Mexico Hotels Market Forecast (2025-2034)
- 6 Mexico Hotels Market by Type
- 6.1 Chain Hotels
- 6.1.1 Historical Trend (2018-2024)
- 6.1.2 Forecast Trend (2025-2034)
- 6.2 Independent Hotels
- 6.2.1 Historical Trend (2018-2024)
- 6.2.2 Forecast Trend (2025-2034)
- 7 Mexico Hotels Market by Star Ranking
- 7.1 3 Stars and Below
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 4 Stars
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 7.3 5 Stars and Above
- 7.3.1 Historical Trend (2018-2024)
- 7.3.2 Forecast Trend (2025-2034)
- 8 Mexico Hotels Market by Region
- 8.1 Baja California
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Northern Mexico
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 8.3 The Bajío
- 8.3.1 Historical Trend (2018-2024)
- 8.3.2 Forecast Trend (2025-2034)
- 8.4 Central Mexico
- 8.4.1 Historical Trend (2018-2024)
- 8.4.2 Forecast Trend (2025-2034)
- 8.5 Pacific Coast
- 8.5.1 Historical Trend (2018-2024)
- 8.5.2 Forecast Trend (2025-2034)
- 8.6 Yucatan Peninsula
- 8.6.1 Historical Trend (2018-2024)
- 8.6.2 Forecast Trend (2025-2034)
- 9 Market Dynamics
- 9.1 SWOT Analysis
- 9.1.1 Strengths
- 9.1.2 Weaknesses
- 9.1.3 Opportunities
- 9.1.4 Threats
- 9.2 Porter’s Five Forces Analysis
- 9.2.1 Supplier’s Power
- 9.2.2 Buyers Powers
- 9.2.3 Threat of New Entrants
- 9.2.4 Degree of Rivalry
- 9.2.5 Threat of Substitutes
- 9.3 Key Indicators for Demand
- 9.4 Key Indicators for Price
- 10 Competitive Landscape
- 10.1 Supplier Selection
- 10.2 Key Global Players
- 10.3 Key Regional Players
- 10.4 Key Player Strategies
- 10.5 Company Profiles
- 10.5.1 Vidanta
- 10.5.1.1 Company Overview
- 10.5.1.2 Product Portfolio
- 10.5.1.3 Demographic Reach and Achievements
- 10.5.1.4 Certifications
- 10.5.2 Hyatt Hotels Corporation
- 10.5.2.1 Company Overview
- 10.5.2.2 Product Portfolio
- 10.5.2.3 Demographic Reach and Achievements
- 10.5.2.4 Certifications
- 10.5.3 Hoteles City Express SAB de CV
- 10.5.3.1 Company Overview
- 10.5.3.2 Product Portfolio
- 10.5.3.3 Demographic Reach and Achievements
- 10.5.3.4 Certifications
- 10.5.4 Grupo Posadas, S.A.B. de C.V
- 10.5.4.1 Company Overview
- 10.5.4.2 Product Portfolio
- 10.5.4.3 Demographic Reach and Achievements
- 10.5.4.4 Certifications
- 10.5.5 Grupo Real Turismo, SA de CV
- 10.5.5.1 Company Overview
- 10.5.5.2 Product Portfolio
- 10.5.5.3 Demographic Reach and Achievements
- 10.5.5.4 Certifications
- 10.5.6 Playa Management USA, LLC
- 10.5.6.1 Company Overview
- 10.5.6.2 Product Portfolio
- 10.5.6.3 Demographic Reach and Achievements
- 10.5.6.4 Certifications
- 10.5.7 Meliá Hotels International, S.A
- 10.5.7.1 Company Overview
- 10.5.7.2 Product Portfolio
- 10.5.7.3 Demographic Reach and Achievements
- 10.5.7.4 Certifications
- 10.5.8 InterContinental Hotels Group Plc
- 10.5.8.1 Company Overview
- 10.5.8.2 Product Portfolio
- 10.5.8.3 Demographic Reach and Achievements
- 10.5.8.4 Certifications
- 10.5.9 Marriott International, Inc.
- 10.5.9.1 Company Overview
- 10.5.9.2 Product Portfolio
- 10.5.9.3 Demographic Reach and Achievements
- 10.5.9.4 Certifications
- 10.5.10 Hilton Worldwide Holdings Inc.
- 10.5.10.1 Company Overview
- 10.5.10.2 Product Portfolio
- 10.5.10.3 Demographic Reach and Achievements
- 10.5.10.4 Certifications
- 10.5.11 Others
Pricing
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