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Mexico’s tourism boom fuels demand for new hotels

Investors from the US, Canada, and Spain are driving a growing pipeline of luxury resorts, boutique hotels, and all-inclusive projects.

Mohamed Dabo July 18 2025

Mexico is strengthening its position as a major global tourism destination, rivalling countries such as the United States, Canada, Japan, and Spain.

The latest figures show the country is attracting unprecedented numbers of international visitors and significant foreign investment in its hospitality sector.

Surge in international arrivals places Mexico among top destinations

According to Mexico’s Ministry of Tourism, the country welcomed 42.2 million international visitors in 2023, marking a 10% increase over the previous year.

This growth places Mexico among the world’s most visited countries, alongside traditional leaders such as France, the United States, and China.

Air travel to Mexico has surged, with over 25 million international tourists arriving by air, representing 82.5% of all foreign arrivals.

The country’s most popular airports — Cancun, Mexico City, and Los Cabos — continue to serve as key entry points for holidaymakers, especially from the United States, Canada, Colombia, and Spain.

Hotel sector sees significant foreign investment

The tourism boom is driving a parallel rise in hotel development. More than 230 hotel projects are currently under construction or in planning stages across the country.

The Ministry reports that the hotel sector has attracted over $3 billion in foreign direct investment since 2019, with most of the funding coming from US-based firms, followed by investors from Canada and Spain.

Luxury and all-inclusive resorts have been a particular focus for investment, especially in key tourist zones such as the Riviera Maya and Baja California.

Analysts suggest that Mexico’s strong performance in attracting investment in hotel infrastructure could help it maintain its competitive edge in the international tourism market.

Government pushes sustainable tourism strategy

Mexico’s government has announced plans to ensure that the growth in tourism remains sustainable. Projects such as the Maya Train, which aims to connect major cultural and natural sites across five southeastern states, are central to this strategy.

Officials claim the initiative will support both economic development and environmental protection, drawing tourists beyond the traditional beach resorts.

While some environmental groups have raised concerns over the potential impact of large-scale infrastructure on ecosystems and indigenous communities, the government maintains that sustainable tourism will remain a priority.

As global travel continues its post-pandemic recovery, Mexico appears set to strengthen its role as one of the leading international travel destinations, supported by record-breaking tourist arrivals and steady growth in hotel infrastructure.

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