Timeshare tourists account for up to 40% of total in Baja Sur

Timeshare tourism accounts for between 30% and 40% of the total number of visitors in Baja California Sur, the state tourism secretary said.

“It is a recurrent theme, especially in the municipality of Los Cabos, that a large number of visitors we receive stay in this kind of lodging,” said Luis Araiza.

The revenue generated by timeshare tourism is also considerably larger, he said, because such visitors stay longer and their purchasing habits are different from those of traditional tourists.

“This market segment is very important for us, and I believe it will only continue to grow.”

Although he could not offer hard figures related to timeshare sales, Araiza said they have reported “marginal growth,” with sales increasing in Los Cabos.

“Not only timeshares, but occupancy rates in general,” he said, noting that the resort destination will be able to offer around 4,000 new hotel rooms to its visitors “in the next few years.”

Two of those hotels are among five luxury hotels slated to open in Mexico this year. The 200-room Nobu Hotel opens next month with room rates starting at US $460. The Hard Rock Hotel is scheduled to open in May with an initial rate of $500. It will have 600 rooms.

Both are in Los Cabos.

Source: BCS Noticias (sp)

Have something to say? Paid Subscribers get all access to make & read comments.
Members of Maná at a tree nursery

Maná to donate World Cup concert proceeds to reforesting Guadalajara and Puerto Vallarta

1
Even free concerts take in money from the government, and Maná will be donating all of it to one of the social causes it has long been identified with: protecting the environment.
bags of fertilizer

Will Pemex’s US $5.4B petrochemical bet put a dent in its debt?

1
State oil company Pemex recently announced a 93-billion-peso (US $5.4 billion) investment aimed at revitalizing Mexico’s petrochemical and fertilizer industries, a move that experts say is a losing strategy.
map of earthquake near Cuba

Second Cuba-centered quake in 8 days shakes the Yucatán Peninsula

0
The seismic activity has startled Peninsula residents who aren't used to earthquakes. Initial fears that the second quake off the coast of Cuba would trigger a tsunami were eased by state authorities.
BETA Version - Powered by Perplexity