The outlook for experiential luxury in Mexico is extremely promising, with retail value sales (at constant 2024 prices) expected to record a 4% CAGR over the forecast period to reach MXN198.2 billion.
Experiential luxury in Mexico is no longer limited to luxury hotels, but is also gaining relevance in luxury foodservice, as the Mexican consumer base becomes increasingly sophisticated from travelling abroad and enjoying this type of experience in other countries. This is how the offer of luxury foodservice in Mexico is gradually expanding, with new restaurants or large chains emerging to offer signature cuisine from various origins.
A new location that is experiencing significant development as a tourist destination for both Mexicans and international travellers is the state of Nayarit. Situated on the Pacific Coast, Nayarit is experiencing a boom in hotel development with a large number of openings planned for the coming years.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Experiential Luxury industry in Mexico with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Experiential Luxury industry in Mexico, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Experiential Luxury
This is an aggregation of Luxury Hotels and Luxury Foodservice.
See All of Our DefinitionsThis report originates from Passport, our Experiential Luxury research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!