It’s now been a number of months, and Cancun’s air site visitors decline is beginning to steepen, in line with new knowledge from ASUR, which manages the airport as a part of a broader regional portfolio.
Passenger site visitors in Cancun noticed a 14.9 p.c discount in October in comparison with the identical month in 2023, in line with the report, with a complete of two.092 million passengers. That was down from 2.458 million in October 2023.
That was pushed by an 18.3 p.c decline in home site visitors in Mexico, and a 12.2 p.c discount in worldwide site visitors.
For the yr thus far, passenger site visitors to Cancun is now down by 6.9 p.c, with 25.2 million passengers served — down from 27.07 million within the first 10 months of final yr.
Is it merely diminished journey demand? It’s not but clear. For one, the vacation spot was seeing blazing progress for everything of the post-pandemic interval, and a correction was sure to happen.
Close by Tulum’s new airport has undoubtedly been stealing some market share as effectively, opening on the finish of final yr and seeing huge progress from all main US carriers.
After which there’s what has been a really lively storm season within the western a part of the Caribbean Basin.
Does including up all these elements offer you a full clarification for the decline? It’s too early to inform.
However many prime Caribbean locations have continued to see robust progress although the slower season.
It’s one thing to keep watch over.
