investment

A view from the balcony at the Ocean View condos in Playa del Carmen

Riviera Maya properties seeing a 10 percent drop in prices

According to the head of the Foundation for Investment in Riviera Maya, real estate prices have already seen a 10 percent drop due to the current pandemic. Wilberth Gutiérrez Álvarez, president of the Fundación para la Inversión en la Riviera Maya, says that due to the current situation, now is a good time to invest […]

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Mexico continues to make significant investment in its infrastructure with new properties, airlift and attractions.

Mexico Ups the Ante with New Tourism Offerings Mexico’s destinations, hoteliers and airlines continue to make significant investments in the country’s tourism infrastructure this year, with new properties, airlift and attractions. Those efforts are clearly paying off. The Mexico Tourism Board’s internal consumer tracking studies revealed that 94 percent of visitors reported that their experiences

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ArcelorMittal to invest $1 billion in Mexico

The global steelmaker, the world’s largest by volume, announced it would invest heavily in mining and steelmaking in Mexico, where many U.S. automakers have been shifting small car production. Luxembourg-based ArcelorMittal, one of Northwest Indiana’s largest employers, plans to construct a new hot strip mill that will boost its productivity in Mexico from 4 million

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