Last Friday a group of members of AMPI Playa del Carmen (Mexico’s NAR) received around 70 realtors from Texas which turned out to be a really nice and productive morning. The trade mission which was lead by TAR’s President Shad Bogany and Bill Gottfried, Director of TAR’s International Comittee was qualified as a very important step to continue the business relations between Americans’ investors and Playa del Carmen’s real estate industry. 70% of the investment in the Riviera Maya comes from foreigners, Playa del Carmen and the Riviera Maya is one of the top destinations for retirement and many people in Texas have considered this area as the place to buy their vacation home and plan their retirement. The event took place in Cozumel and it is the second of many planned activities between members of AMPI and TAR. Diego Garcia, broker owner for  Moskito Real Estate and member of  AMPI’s Board and NAR described it as a very interesting way to share with realtors in Texas the different opportunities and advantages of investing in the Playa del Carmen real estate and Riviera Maya real estate.

Halfway through the spring break the Riviera Maya with more than 40 thousand 600 rooms maintains an occupancy level of 91.3 percent in general, in spite of the drastic drop of 6 percent reached last Saturday.

According to the Tourist Board, “Fideicomiso de Promoción Turística de la Riviera

Maya” (FPTRM), last weekend  closed with a general 97.4, 97 and 94.5 percent beginning April  with 90.2 percent, but this last Tuesday recovered  1.1 percent,

The general Occupancy  levels stayed at 91.3 percent.  Nevertheless this is the last stretch of the vacation period, because after Monday, the occupancy will drop with the large departure of the National visitors. This is the start of the low season, from April to June.

Claudia Hurtado Valenzuela