2019 Caribbean & Mexico Industry Report
The Caribbean and Mexico faced a variety of challenges in 2019, including Hurricane Dorian, an abundance of seaweed, travel advisories and more. Despite these challenges, the Caribbean is currently on pace to potentially achieve a record year in RevPAR. And while that metric is down in Mexico for 2019, the country still has the eye of investors and developers as the pipeline continues to grow significantly.
Our Caribbean & Mexico Industry Report will do a deep dive into the region’s 2019 hotel and profitability trends including occupancy, average daily rate, revenue per available room, profit & loss data and pipeline information.