Already on ArticleSlash?

Forgot your password? Sign Up

Cancun Real Estate – Increased Air Traffic Benefits Market

Thomas Lloyd
 


Visitors: 231

Cancun real estate enjoys the benefit of being one of Mexico's most important centers for international activity, including tourism, high-profile events, business conferences, and music and culture. One of the most important indicators and results of this is the success of the Cancun International Airport, which also provides the direct benefit of easy travel for those who buy real estate in the area.

During September 2010, Cancun reported an increase more than 14% for a total of 674,118 air passengers; this represents 73% of the air traffic handled by the company which operates the airport in Cancun (Asur), which operates a total of 9 international airports.

Although one of Mexico's major airlines (Mexicana) ceased operations, there was little impact in Cancun because of the popularity of the destination and because of the large number of airlines operating in the airport.

This is also reassuring for expats living in Cancun, knowing that disruptions of this sort will not have any significant effect on their ability to return home for visits, or for the arrival of tourism, which provides the basis of the investment and infrastructure, and in turn the high quality of life enjoyed in this city.

The large number of tourists, the many options in airlines, and affordable, direct flights to anywhere in North America and many places beyond all tie into Cancun's growing role in Mexico as an international hub. The airport is already the second busiest in the country (only surpassed by Mexico City) and second runway built parallel to the first for simultaneous operation is allowing the airport to become an travel hub for connecting flights. While this does not directly bring more tourists, it does bring many more low-priced flight options, not only to the U. S and Canada but to South America and Europe.

At the same time, Cancun is also growing towards becoming Mexico's foremost location for international business conferences and multi-national events such as the upcoming summit on climate change. These events bring large amounts of economic activity, often in low seasons, and will help to continue bringing investment and new services to Cancun.

In addition to the benefits for all property buyers, the fact that Cancun continues to grow as an international hub is also good news for Cancun real estate investors. Diversifying international economic activity will add to tourism to help bring continued growth to property demand and value.

Cancun real estate

(432)

Article Source:


 
Rate this Article: 
 
Playa del Carmen Real Estate; Benefits of World Travel Market
Rated 4 / 5
based on 5 votes
ArticleSlash

Related Articles:

Cancun Real Estate Benefits from Second Runway at the Cancun International ..

by: Thomas Lloyd (October 14, 2009) 
(Real Estate)

Buying Preconstruction Condos in the Cancun Real Estate Market

by: Thomas Lloyd (August 18, 2009) 
(Real Estate)

Cancun Real Estate Represented at World Travel Market 2009

by: Thomas Lloyd (December 31, 2009) 
(Real Estate)

Mexico Real Estate – Hotel Rates Could Affect Cancun Market

by: Thomas Lloyd (October 12, 2010) 
(Real Estate)

Mexico Real Estate in Cancun Benefits from Strong Tourism

by: Thomas Lloyd (January 11, 2011) 
(Real Estate)

Cancun Real Estate; New Airline Service Benefits Tourists and Resident

by: Thomas Lloyd (November 08, 2010) 
(Real Estate)

Cancun Real Estate: Orbitz Names Cancun Top Travel Destination

by: I P M (June 15, 2012) 
(Real Estate/Real Estate Investment)

Cancun Real Estate – New Condo Development in Puerto Cancun

by: Thomas Lloyd (February 17, 2010) 
(Real Estate)

Playa del Carmen Real Estate – Tourism Benefits Market

by: Thomas Lloyd (April 06, 2010) 
(Real Estate)

Playa del Carmen Real Estate; Benefits of World Travel Market

by: Thomas Lloyd (November 23, 2010) 
(Real Estate)