The World Travel and Tourism Council (WTTC) included the Rivera Maya and Cancun as the main destinations in Latin America for the special #TogetherInTravel campaign. Campaign that is oriented to boost the recovery of tourist activities, which have been hit by the Covid-19 health epidemic.
Gabriela Guevara, CEO of the WTTC, both Cancun and the Riviera Maya area have become the leading tourist destination par excellence in America, so both regions will be key to recovery once this contingency ends. The beauty and connectivity and first-rate hotel infrastructure have placed Quintana Roo among the top ten favorite tourist destinations worldwide. The tourist destinations of Quintana Roo are the only ones positioned in the Top ten of the WTTC. In this way, the tourist destinations of Quintana Roo were the only ones that were positioned in the Top Ten of the WTTC list, which urged travelers, digital platforms and tourism entrepreneurs to give a rating or share a reflection on their stay in these places.
It should be noted that the World Travel and Tourism Council had planned to hold in Cancun from April 21 to 32, its annual meeting with more than 200 travel and tourism companies at a global level, together with world leaders and public sector personalities, although the virus contingency was postponed until next September The hotel market has a lot of ground yet to be explored. Depending on the segment, the location and the business model, it will be the investment necessary to develop it as well as its profitability. Condo hotels, this way of financially structuring new hotel projects, allow vacationers to be part of this business that promises attractive returns within the world of travel and tourism.
The proposal basically consists of acquiring complete rooms –which are writeable– to be managed by a company that will deliver returns that average between 8 and 10 percent per year in dollars, with an estimated occupancy of around 75 percent.