In Mexico, hotels are turning into Airbnb-like dwellings

June 16, 2019
Share this Post: 

This article was written and published in Spanish and has been translated into English via Google Translate. Click here to read the original article.

Construction companies in Mexico are developing new projects to build hotels that mimic the Airbnb model. The Atento company, specialized in the construction of hotels of international chains such as the Spanish Riu, will conclude four departments in Jalisco, Los Cabos, Tulum and the Dominican Republic.

The establishments follow the Airbnb model but with hotel management. The first opening will take place in Jalisco during the first week of July. The building houses 30 apartments with one or two bedrooms. During the stay, guests are offered laundry, cleaning, security, reception and parking services, according to El Ceo.

This is the first development of Attenta, a construction company directed by two brothers — Mauricio and Mario Lima — which is mainly intended for short stays. Although the possibility that it also focus for business travelers who choose to stay for a longer time is not ruled out.

The construction company expects the four departments to be ready by 2021. This new project emerges as an alternative to the current holiday model, which suffers a fall in occupancy of up to 8%, also influenced by the construction of more and more rooms in the modality of Airbnb that causes the rate to be reduced.

In fact, there are already some hoteliers that offer part of their rooms in the Airbnb mode to avoid low occupancy, as reported by REPORTUR.mx.

"Expenses and taxes that are generated do not stop, so some properties prefer to risk that way and maintain their occupations, which allows them to have healthy finances and keep their workforce," said Juan Carrillo Padilla, a hotel entrepreneur in Cancun. Without giving names of the hotels that resort to this modality, he admitted that this duality allows the hoteliers to have a "respite".

This article was written and published in Spanish and has been translated into English via Google Translate. Click here to read the original article.

Join us in Madrid, November 12-15 for the Global Online Marketplaces Summit.

Property Portal Watch Madrid Summit 2019

June 16, 2019

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Fotocasa Madrid Buildings
Fotocasa Launches Travel Time Search Tool

The Spanish real estate portal Fotocasa has launched a tool that lets its users search for properties by the time...

Read More
Shutterstock 1965375514 1
Zillow's Listing Pages Get Biggest Overhaul in Five Years

The market-leading U.S. real estate portal Zillow has announced a redesign of its listing pages. According to a press release,...

Read More
Shutterstock 1743401084
CoStar's OnTheMarket Acquisition: Tebb to Remain CEO, Shareholder Questions the Deal

The latest news to come out of Costar's expected acquisition of UK agent-owned portal OnTheMarket has raised a couple of...

Read More
Shutterstock 2200544553
Financial Services Specialist BetterHome Group Increases Shareholding in South African Portal Private Property

The BetterHome Group has increased its shareholding in the South African real estate portal Private Property. According to a report...

Read More

Editor's Pick