Mexico Luxury Hotel Market Size & Outlook, 2025-2033


Mexico Luxury Hotel Market Insights

  • As per Deep Market Insights insights, the Mexico Luxury Hotel Market stood at USD 1.52 Billion in 2024 and is anticipated to grow to USD 2.80 Billion by 2033.
  • The Mexico market is expected to advance at a CAGR of 7.00% from 2025 through 2033.
  • In 2024, City Luxury Hotels accounted for the highest share of the Hotel Type market size.
  • During the forecast period, City Luxury Hotels is set to register the highest growth, making it the most lucrative Hotel Type segment.

Other Key Findings


  • In 2024, Mexico accounted for 1.89% of the global Luxury Hotel Market size.
  • By 2033, United States is expected to lead the global Luxury Hotel Market in terms of market size.
  • Within LATAM, Brazil is projected to dominate the regional Luxury Hotel Market size by 2033.
  • Brazil is identified as the fastest-growing market in LATAM, anticipated to reach USD 4.21 Billion by 2033.

Report Summary

Report Scope Details
Base Year for Study 2024
Study Period 2021-2033
Historical Period 2021-2023
Forecast Period 2025-2033
Market Size In 2024 USD 1.52 Billion
Market Size In 2033 USD 2.80 Billion
Largest segment City Luxury Hotels
Units Revenue in USD Billion
CAGR 7.00% (2025-2033)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Segmnetation Covered

Segments Sub Segments
Hotel Type
  1. City Luxury Hotels
  2. Resort & Spa Hotels
  3. Boutique Hotels
  4. Eco-Luxury Lodges
Customer Type
  1. Leisure Travelers
  2. Corporate Guests
  3. Meetings & Events (MICE)
  4. High-net-worth Individuals