According to Knight Frank's latest Global House Price Index for Q3, 2024, property prices are steadily rising across most Latin American nations in 2024, with Colombia and Mexico showing significant growth over the past year.
The average annual price appreciation for all 150 cities tracked by the latest Global Residential Cities Index was 4.3 percent
Based on STR's May 2016 Pipeline Report, over 28,368 rooms in 178 projects Under Contract in the Caribbean/Mexico region.
Caribbean hotels are enjoying their continued run of double-digit net operating income (NOI) growth.