The Real Estate tourism market an investment you should not miss out on

According to data from the Ministry of Tourism — Sectur -, in Mexico there are approximately 20 thousand hotels and more than 700 thousand roomsof all types. Mexico City, Monterrey and Guadalajara are three of the cities with the highest demand for tourism and business in the country, with the participation of national and international brands in the market.

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1.- Speaking of vacation tourism is to refer to three major markets, with the largest tourist influx, Riviera Maya, Los Cabos and Riviera Nayarit.

2.- The maturation of these markets is evidenced by a dollarized market , which has been beneficial due to the effects of the exchange rate and the feasibility of finding risk capital and financing .

3.- In the sector there has been a concern to develop all-inclusive projects, combined with a fairly robust pipeline of European plan projects.

4.-The technology has contributed with different systems to make efficient the development of projects, having a greater control in the process and distributing them in different points of the country.

5.-Tourism generates a large percentage of GDP, is positioned as one of the main sources of income where about 80% is generated locally.

6.- From the point of view of investment vehicles , there is an opportunity to create communities or destinations that generate economic activity and sustainability for the different regions.

7.- Part of the great challenges is to unleash the issue of certainty and legality , which can attract or subtract opportunities in some of the country’s regions.

8.- It is essential that developers participate from their own field, in the business sectors and in different associations such as CANADEVI so that the authorities change the level of the projects.

9.- The holiday home or second homes are perceived as a fragmented industry, with lack of support and without great positioning.

10.- Part of the mission in the sector is to bet on sustainability . Different funds and some development banks are mandated to finance or participate in projects that meet certain sustainability requirements.

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“Tourism generates a large percentage of GDP, but represents the second, the third most important source of income.More than 80% of these revenues are generated locally, “ Blanca Rodríguez, Banyan Tree Mexico.
“We are seeing in cities — hotels of another type, more urban — where the concept, operator and offer, is going to be rather a European plan”,Vicente Naves, Grupo Frel.

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Ryan Gravel
Ryan Gravel

Ryan Gravel is an American real estate broker and developer. He began his career at a young age working for his family owned construction company.

After graduating college at the University of Central Florida with a degree in business, Ryan set out to find untapped prolific markets around the world. His search landed him in Playa del Carmen, Mexico where he founded Virgin Realty Mexico and co-founded the Saatal Development Group one of the fastest growing development companies in the Riviera Maya.

With extensive market knowledge, professionalism, etiquette, innovation and integrity Ryan is known as one of the most highly respected real estate advisors in the region.

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