THE 5 MOST IMPORTANT HOTELIERS WORLDWIDE
The Riviera Maya is more than just a heavenly beaches destination, it is also one of the Mexican provinces with the best conditions to invest. The investment projections in the hospitality industry for 2022 set at around 7 billion USD, where 5 of them will be direct real estate investment. The state of Quintana Roo currently has an offer of 105K (one hundred and five thousand) hotel rooms, plus over 16K (sixteen thousand) more rooms under construction; as well as three international airports in: Chetumal, Cozumel and Cancun, as the second most important airport in Mexico, with an average of 25 million passengers per year.
According to the Ministry of Tourism of the state of Quintana Roo, hotel occupancy registered an overall result of 80% , well above the national average occupancy rate. This average occupancy translates into 12.5 million tourists who visited this beautiful state., 60% (7 million) on average were of foreign origin and 40% (5 million) were nationals.According to the Undersecretariat for Economic Analysis and Public Finance, Quintana Roo’s economic recovery is above the rest of the country, since the GDP (gross domestic product) was 12.58% in 2021, well above 6.30% nationwide. The economic growth and commercial increase in goods and services scenario sets the state as a privileged place for hotel investment, real estate and other sort of business. Without a doubt, the Maya Train will be another important factor for the economic growth of the Mayan pearl, along with federation funded projects to modernize the current touristic Infrastructure The federal railway project, will have over 1,500 km of tracks communicating the states of Chiapas, Tabasco, Campeche, Yucatán and Quintana Roo.
The growing and stable economy in Quintana Roo generates confidence and attraction of countless hoteliers, and the five largest hoteliers in the world” could not have missed it:
Wyndham Hotels & Resorts. USA holding company based in Parsippany, New Jersey. It is listed in the S&P 500 and operates through three commercial segments: hotel group, destination network and vacation property. The Hotel Group segment grants hotel franchises in the luxury, upper-middle scale, medium scale, economy and extended stay segments. It has +9,000 hotels in more than 80 countries with 22 different brands.
• Choice Hotels International:
In 1941 became the first hotelier in the United States and as of June 30, 2020, Choice Hotels franchised 7,118 properties worldwide, with a total of 597,018 rooms, in addition to 1,035 hotels under construction with 85,129 rooms. It has 7,200 hotels in 41 countries with 13 brands.
Marriott International, Inc.
Willard and his wife Alice S. Marriott began in 1927 with a small beer store that became A&W root beer, added food to the menu and the Hot Shoppes concept was born. In 1957 Bill Marriott opened the first motel in Arlington Virginia. It currently has more than 7,000 properties in 131 countries with 30 brands.
Conrad N. Hilton began in 1919 with a 40-room hotel in a small town in Texas. In 2019 it had a value of 8,023 million, while to date it has increased its value by 35%, up to USD 10,833 million. It has 6,500 hotels around the world with 18 brands.
• Intercontinental Hotel Group. InterContinental Hotels Group was created in 2003, after Six Continents, former Bass, was divided into two, thus creating a separate hotel and soft drink company called InterContinental Hotels Group plc (IHG), and a retail business called Mitchells & Butlers. It currently has 6,000 hotels in 100 countries with 11 brands.
For the big hoteliers Quintana Roo is one of the best places to invest. According to the Institute for the Development and Financing of the State of Quintana Roo (IDEFIN), it estimates an offer of more than 120,000 hotel rooms by the end of 2022.Among the new openings big brands are on the scene:: Hilton, Hard Rock, Riu, H10 and Wyndham Hotels & Resorts
Invest in Wyndham Grand Mayakaan Residences, just 15 minutes from Cancun International Airport. It is the most innovative real estate investment with a highly profitable business plan. Take the step and become a partner of one of the 5 largest hoteliers in the world