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Latin America Investment News on Viva Tropical

Exceptional Growth Potential Makes Mexican Timeshares Attractive Investments

Article Summary:

Since 2008 the areas of Cancun and Maya Rivera have seen an explosion in timeshare sales, where the number of units started at 4,000 and surged to its current peak of 28,000 units in 2011, with a 90% occupancy rate.

Photo Credit :El Economista Mexico

Original Article Text From El Economista Mexico via Google Translate :

Timeshares, Expanding Sector

Between 2008 and 2011 the number of rooms under a timeshare in Cancun and the Riviera grew about 15 percent.

It is estimated that in 2012 industry sales up 10% exceed the numbers from 2008, the tourist boom last year before the financial crisis and health 2009.

Currently they are little more than 28,000 operating room under that format, about 4,000 more than five years ago.

The leader of the Association of Club Cancun Vacations, Patricia de la Peña said that the first four months of occupation remained above 90 percent.

Except for a “small dent” in the forecast for May, predicts that 2012 will be to the desired recovery, attributable to the promotion of the Mayan world and the significant growth of the domestic buyer.

“Easter was spectacular, with a very significant presence of Brazilian and Canadian tourism,” he says.

In 2008 air connectivity was better. This year, he says, are required to have Mexican routes, especially because there is more choice of hotels in all segments (European plan, all inclusive and time-sharing), but we do not have enough flights or connections, recognizes De la Peña .

GROWTH SECTOR
The hotels in Cancun and the Riviera Maya 80.000 quarts whole sum. Of these, 35% (28,000) is sold under a timeshare. In recent years, the proportion of hotel rooms has changed rapidly, accepts the ruling.

It is estimated that over the next three or four years, the proportion of time share to grow to be 45% of the total supply of Cancun and the Riviera Maya.

DEVELOPMENT, GROWTH POTENTIAL TO KEEP
De la Peña argues that for this year is expected to developments such as Villas del Palmar, on the mainland of Isla Mujeres, open end and begin to market tourist residences, as well as Blue Bay in Cancun and the transformation of Mandarin Oriental Riviera Maya timeshare scheme.

For now, says that by 2012, the year of the Mayan prophecies, but a May that tour operators have been identified as somewhat uncertain, paint to overcome in at least 10% the record figures of 2008 as occupation and sheds, a period which shook the domestic industry by the financial turmoil that erupted in the world.

IN NUMBERS
Attraction
Was 90% hotel occupancy in the Mexican Caribbean from January to April.
8.000 quarts is the hotels in Cancun and the Riviera Maya.
35% of the hotels is timeshares.

Link to Original Article:

From El Economista Mexico

Latin America Investment News on Viva Tropical