Mexico hoteliers are making a major bet on the country’s tourism boom, according to a report of El Financiero magazine.
Hoteliers will open 352 new hotel properties by 2022. City Express Hotels leads the way with the most growth. The company plans to add around 80 new accommodation units to its portfolio.
By the end of 2019, the hotel chain will open its 152nd property, adding up to 17,000 guestrooms to its portfolio.
AMResorts follows City Express, adding an expected 66 hotels. Grupo Posadas has plans for 48 new properties.
Source: Travel Pulse