Monday, June 17, 2024

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.
Two damaged SUVs after a car accident.

President-elect Sheinbaum unharmed after a deadly accident involving her motorcade

The crash killed an elderly woman and injured another person. No injuries were reported among Sheinbaum and her team.
Young fruit seller looks at his cell phone in Mexico City

Over 80% of Mexicans are now internet users, up 9.7 points from 2020

Connectivity has increased steadily in Mexico, particularly among the young, though there is still a digital divide between urban and rural areas.
A lake with low water levels in Toluca

Below-average rainfall worsens drought conditions as Mexico awaits summer rains

The country is in the grip of one of the worst droughts in the last decade, with half the usual amount of rain so far this year.