Hospitality in Mexico: stronger than ever

In Mexico and in the world, the hotel industry once again shows its resilience, because despite having gone through one of the most challenging crises, it is clearly recovering, and Mexico is an example of this. During the 'Mexico Hotel Development Symposium' presented by IHG Hotels & Resorts – one of the fastest growing hotel groups in Mexico and in the world – data on the recovery of tourism, new trends in behavior of travelers, as well as IHG 's plans to continue leading the industry and expanding its presence globally.

Tourism in Mexico, stronger than ever
As part of the prospects for the recovery of the industry, IHG noted that individual travel planning has recovered and is currently above the levels recorded in 2019, and the trend is expected to continue to strengthen.

"Currently, the hotel industry in Mexico has recovered the levels it had been showing before the pandemic in some indicators, promoting the generation of employment sources and boosting the hotel industry in the country," said David Ríos, Regional Vice President of Marketing, Commercial & Revenue Management. "The scenario before us is positive, as Mexico continues to be an attractive country full of opportunities for development and investment in the industry."

Today, Mexico has recovered more than 70% of its international travelers to the country, although this percentage has been specifically concentrated in some tourist destinations, the growth has been exponential compared to 2021. According to experts, Mexico is part of the countries that lead the tourism recovery at a global level. By the end of 2022, Mexico is projected to continue its consistent improvement, recovering and even exceeding 80% of the booking levels recorded in 2019 or exceeding them in some cases.

Portfolio Expansion with Vignette Collection
During the 'Mexico Hotel Development Symposium', Ginger Taggart, IHG Global Vice President of Marketing for Luxury Brands, presented the newest brand within the IHG Hotels & Lifestyle Luxury & Lifestyle Collection. Resorts: Vignette Collection. Which is designed for the conversion of independent luxury properties that seek to maintain their unique essence and origins, while obtaining the support in quality and service provided by IHG .

“With Vignette, we create personalized experiences for our investors and guests, in a way that maintains the unique tradition or style of their property, and takes them to a new level of luxury thanks to IHG. We are very excited and confident that the Vignette collection will soon arrive at your favorite destination,” said Ginger Taggart, Global Vice President of Marketing for Luxury Brands at IHG . The collection has exceptional potential in the region, specifically in urban and tourist locations, offering high value and flexibility for owners.

Through the Hotel Development Symposium, IHG Hotels & Resorts once again positions itself as a leader in the sector, highlighting the speedy recovery it has had, the accelerated growth that makes it stand out within the industry, and the new actions that it implements to continue as leaders of the industry.