Households drive market demand, with household spending representing 78.0% of total demand in 2023. Hotelera Trópico del Caribe SA de CV is the largest company in Mexico, generating 36.8% of the industry’s total turnover value in 2023. The industry is concentrated, with the top five companies generating 58.1% of total production value in 2023. The total number of companies increases in 2023, to 533,843 units. The costs of the industry increase by 27.7% in 2023, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 60.7% of turnover in 2023, the highest regionally. With turnover of USD29.2 billion, Mexico accounts for 43.3% of the Latin America total in 2023.
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This Euromonitor industrial report provides unique information on Hotels and Camping Sites in Mexico: ISIC 551. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Hotels and Camping Sites in Mexico: ISIC 551 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of hotels and camping sites and restaurants, bars and canteens.
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