Cancun, Q.R. – Timeshare sales are up throughout Cancun and the Riviera Maya as the region heads into another vacation season.
Míriam Cortés Franco, president of Vacation Club for Quintana Roo, says that new accommodation centers have joined the timeshare segment in order to market their rooms and with this, timeshare segments are expecting to exceed 10,000 rooms in the Mexican Caribbean in 2016.
Year-over-year, timeshare sales continually increase by about 10 percent. Juan Ignacio Rodriguez, senior vice president of Business Development RCI Latin America points out that Cancun and the Riviera Maya saw the largest increase in timeshares and that in 2014, 60 percent of sales were concentrated in Cancun and the Riviera Maya, while 14 percent were in Los Cabos and 13 percent in Puerto Vallarta and Riviera Nayarit.
According to Rodriguez, 75 percent of timeshare sales are generated between Canadian and US tourists with 25 percent among Mexicans. Recently, additional emerging timeshare markets have included visitors from Brazil, Colombia and Chile.
In Cancun, 38 percent of the rooms operate as timeshares while in the Riviera Maya about 40 percent of the rooms operate as timeshares. The Mexican Caribbean has 69 percent of the timeshare sales for Latin America.