As a tourist destination, Cancun has showed strong recovery from the recession, and has been consolidating its position as the favorite tourist destination for Americans. For Mexico condo buyers, many advantages offered by tourism industry are also enjoyed by Americans and Canadians who choose Cancun as their new home, either part time or full time.
During the first half of 2010, leading tour providers and travel agencies have reported that Americans are choosing Cancun as their favorite vacation spot, over other strong competition such as Toronto, Vancouver, Punta Cana, Jamaica and San Juan (Puerto Rico). Some of the reasons that Americans have chosen Cancun are:
the wide, soft beachfront and picturesque turquoise Caribbean sea
world-class hotels
excellent shopping centers and international stores
high-quality roads and infrastructure
large selection of bars, clubs, restaurants
close proximity to the U.S (2-5 hours)
direct flights for low prices
short trip to most famous Mayan ruins, and several colonial cities
low cost of living
While many of the other choices combine many of these benefits, few combine all of them at a world-class level while still maintaining very accessible prices; and this is precisely what the area continues to offer, continually improving their service.
Cancun real estate enjoys virtually all of the same benefits, with the focus being on high-quality properties rather than world-class hotels (although condo hotels also offer real estate opportunities for vacationers and investors.)
Cancun has also made an effort to expand and diversify its already thriving tourism industry, attracting business meetings and international conventions. Real estate in Cancun will continue to grow as the area continues to grow as a favorite for tourism of a variety of types.
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