Business · Companies · 21 hrs ago

Airlines cut Tulum flights as tourism weakens

Airlines cut Tulum flights as tourism weakens

Airlines are cutting flights to Tulum, a beach destination in Mexico’s Quintana Roo state.

American Airlines will stop its Miami service but keep flying from Dallas; Aeroméxico has already suspended its flights, and Volaris plans to do so early next year.

US airline capacity to Tulum is down 72% this quarter, while capacity to the destination overall is expected to fall by about half this season.

Tulum’s airport opened in December 2023 and was built to handle 5.5 million passengers a year, but demand has not met expectations.

Tulum is losing ground to nearby Cancún, where capacity is expected to fall by just 3% this season.

High fuel costs, a stronger peso, crime, sargassum and weak demand have all weighed on tourism, while investors are looking to bring back Tulum’s luxury appeal.

The flight cuts and their economic effects will be discussed at an aviation summit starting Sunday in Mexico City.

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What people are saying

François DuflotBloomberg Intelligence analyst
Undoubtedly, weak demand plays a role, as US consumers are probably reviewing their travel plans as inflation continues to erode their purchasing power.
via El Financiero
The difference between the two airports shows that weak travel demand is not the only factor and that Tulum has failed to establish itself against Cancún.
via El Financiero
Ignacio GarcíaTulum resident
You not only saw celebrities, you spent time with them.
via El Financiero