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Mexico Hotels Market Report and Forecast 2025-2034

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    Report

  • 89 Pages
  • May 2025
  • Region: Mexico
  • Expert Market Research
  • ID: 6096733
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

Table of Contents

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

Companies Mentioned

  • 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.