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Despite insecurity, Riviera Maya hotel sector continues to grow

Cancun, Q.R. — Despite issues of insecurity, the hotel sector for the region remains stable and growing.

Ramón Roselló, executive vice president of La incorporación de la Asociación Internacional de Inversores Hoteleros (Inverotel) says the hotel sector remains stable and strong despite insecurity issues in the country. He says that hotel investments continue with more expected in the future.

“We are very comfortable in the state and what we want to try and do is continue investing in the state. We have many projects, which in the short term includes a construction forecast of 4,000 rooms in three hotel chains in Riviera Maya,” he said.

Roselló said that for the Cancun area, investment projects have been put on hold for now, explaining their progress will depend on whether they are granted the necessary permits or not adding that all hotel projects are expected to follow the legal steps 100 percent.

Large development companies continue to express interest building in the state with some receiving approval and others, such as the recent Margarataville Hotel, not.