Hospitality Market in Mexico Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Hospitality Industry in Mexico Report is Segmented by Type (Chain Hotels and Independent Hotels) and Segment (Service Apartments, Budget and Economy Hotels, Mid- and Upper-Mid-Scale Hotels, and Luxury Hotels). The Report Offers Market Size and Forecasts for the Hospitality Industry in Mexico in Value (USD) for all the Above Segments.

Hospitality Market in Mexico Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Mexico Hospitality Industry Overview

The hospitality market in Mexico is fragmented. Despite the robust presence of international chains, the hospitality sector in Mexico is predominantly influenced by local entities. The country features a rich array of approximately 180 brands, encompassing both international and domestic names. Grupo Posadas stands out as the industry leader, with an expansive portfolio of over 140 hotels across Mexico's diverse regions. The major players dominating the market are Grupo Posadas, InterContinental Hotels Group, Marriott International, Cityexpress Hoteles, and Grupo Real Turismo.

Mexico Hospitality Market Leaders

  1. Grupo Posadas

  2. InterContinental Hotels Group

  3. Marriott International

  4. Cityexpress Hoteles

  5. Grupo Real Turismo

  6. *Disclaimer: Major Players sorted in no particular order
Mexico Hospitality Market Concentration