Cancun saw a small decline in average hotel room occupancy in November 2018 while hotels in Riviera Maya saw a small increase.
According to Sedetur, the Department of Tourism of the state of Quintana Roo, the hotels in Cancun/Puerto Morelos saw a 1.2 percentage point drop in average hotel room occupancy in November 2018 to 79.4% compared to 80.6% for November last year.
The hotels in Riviera Maya saw their average room occupancy increase by 0.1 percentage points from 81.3% in November 2017 to 81.4% in November this year.
Through the first eleven months of 2018 the hotels in Riviera Maya have achieved an average room occupancy of 80.5%, down from 83.2% for the first eleven months of 2017, while those in Cancun/Puerto Morelos have achieved an 79.9% average room occupancy year-to-date in 2018 down from 81.5% for the first eleven months of 2017.
Interestingly it has been reported that as a result of an influx of additional rooms and security concerns, hotels and resorts in Quintana Roo are lowering prices to maintain occupancy. According to Reportur.com, hotel rates in Cancun and the Riviera Maya have dropped between $1-$5 below last year for the same dates, which has allowed property owners to maintain similar occupation levels when compared to 2017.
Riviera Maya has 46,958 hotel rooms while the Cancun/Puerto Morelos area has 40,835 hotel rooms.
Jim Hepple is an Assistant Professor at the University of Aruba and is Managing Director of Tourism Analytics.