Airbnb gives Puerto Vallarta hoteliers a severe blow to business

The online space rental platform accounted for much of the tourism and occupancy rates were reduced compared to past years.

The hotel industry suffered a severe blow this summer season, as its occupancy rates did not come close to that recorded in past holiday periods, due to the popularity of Airbnb, which offers alternative spaces and at a lower cost.

Regularly the trend in summer vacations in the percentage of occupation was going up, however, Puerto Vallarta and Banderas Bay have taken an important popularity in the application, even reaching the top-5 of most sought after destinations worldwide.

This ‘boom’ caused a large sector of visitors to choose better to stay in private homes, apartments or studios, to save the stay and live a different experience than the one lived in a hotel.

In this region, there are more than 15 thousand spaces for rent published in AirBnB and the offer continues to increase, so it is necessary to regulate and prevent losses from continuing in the hotel sector, which is the main source of jobs in Puerto Vallarta.

Source: vallarta independiente

The Mazatlan Post

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