Vacation rental segment grows in Quintana Roo

Cancun, QR. Vacation rentals in the state already add up to more than 35,000 accommodation units with rates ranging from $44 to $99 on average.

Manuel Alonso Álvarez, president of the Vacation Rental Association in the state, he said that at the national level this lodging segment already has more than 280,000 units, which already exceeds the figures of 2019, before the Covid-19 pandemic.

Prior to the pandemic, the inventory of units oscillated between 130,000 and 132,000 nationwide, so the rebound after 2020 has been remarkable, more than double, taking into account that during the pandemic for at least three months the activity collapsed to zeros.

The businessman added that despite the different regulations that are being applied in the country, this segment of accommodation in private homes continues to grow even above the numbers prior to the pandemic.

Despite the growth in the inventory of lodging units at the national level, rates have fallen due to the increase in supply, in addition to the reopening of other markets such as Europe after the pandemic, as well as inflation in the United States, he said.

He is also president of the Association of Vacation Rental Professionals (APAR) in Cancun dismissed that the announcement of the increase in a rate from 3 to 6% for Lodging Tax announced this week by Governor Mara Lezama will have a negative impact on this industry, since Cancun and in general the Mexican Caribbean is a solid destination that is worth the payment of these increases.

However, he explained that it will be the decision of each owner of a vacation rental home if this increase in lodging tax is reflected in the final rate for the consumer, under the risk that the increase will leave them out or well above the prices. market average.

estados@eleconomista.mx

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