2018 was a hot year for Riviera Nayarit, as the destination on Mexico’s pacific coast maintained an average occupancy rates of 75 per cent throughout the year and its tourism industry generated over $1.6 billion in revenue.
“2018 marked a stellar year in Riviera Nayarit’s 12-year history. The destination’s success and rapid growth can be attributed to a variety of factors including our versatile hospitality landscape, strong connectivity from most major cities throughout the world and authentic appeal to multiple segments including luxury seekers, nature enthusiasts and groups of all sizes and occasions,” said Marc Murphy, managing director of Riviera Nayarit Convention & Visitors Bureau. “2019 is certain to be a banner year for Mexico’s Pacific treasure with new properties, attractions and events.”
The markets that generated the most demand for Riviera Nayarit were the United States, Canada and the domestic Mexico market. The fastest-growing markets in 2018 included the United Kingdom, Colombia, Argentina, Spain, and Brazil.
There’s a lot of development underway. In 2019, Riviera Nayarit will expand its hospitality inventory with the addition of 140 suites from Grand Sirenis Matlali, expected to complete the second stage of the luxury beachfront development; Marival Resorts will open its third property Marival Armony Punta de Mita featuring more than 260 guest rooms; a 300-room Iberostar property in Litibu; the completion of Conrad Hotels & Resorts’ renovation and reflagging of the former La Tranquila Resort, to be dubbed, Conrad Playa Mita, is also expected to launch this year; finally, Four Seasons Resort Punta Mita, currently in the midst of a four-year, $30 million enhancement project is scheduled for completion in 2019.