Cruise Ship Oligopoly Leaves Little Economic Benefit for Mexican Ports, Experts Say
Experts say cruise tourism concentrates profits among a few lines, while ports like Mahahual see little local benefit.
Economy
Tulum Business Leaders and Municipality Agree to Permanent Dialogue on Security, Sargassum, and Competitiveness
Tulum officials and private sector agree to bimonthly meetings to address sargassum, security, and business climate.
World Cup 2026 Fails to Boost Tourism in Mexican Caribbean as Hotel Occupancy Dips Below 60%
Hotel occupancy in Quintana Roo remains below 60% despite World Cup 2026, as airline shifts reduce flights from the US.
Mexican Agricultural Exporters Fear New US Barriers During USMCA Review
Mexican agribusinesses expect the US to propose seasonal restrictions on fruit and vegetable imports during the USMCA review.
Housing Crisis Hits Tulum as Tourism Boom Fades
Tulum faces a housing crisis as 80% of homes cater to tourists, leaving locals without affordable options.
Cozumel Airport Modernization 70% Complete, Capacity to Increase by a Third
Cozumel International Airport's renovation is 70% complete, aiming to boost passenger capacity by a third.
Fitch Ratings Upgrades Quintana Roo to A+ With Positive Outlook
Fitch Ratings raised Quintana Roo's credit rating to A+ with positive outlook, placing it among top three Mexican states.
Olinia Electric Vehicle to Compete With Tesla, BYD in Mexico
Mexico's Olinia EV aims to rival Tesla, BYD, and Geely with affordable urban models launching in 2027.
At Least 20 Bars and Restaurants in Chetumal Close Due to Economic Hardship
High patent renewal fees and low sales force at least 20 bars and restaurants in Chetumal to shut down permanently…
6,000-Mile Sargassum Belt Between Africa and Brazil Threatens Caribbean, Experts Warn
A 6,000-mile sargassum belt between Africa and Brazil threatens Caribbean coasts, driven by fertilizers and warming seas.