Industry landscapes
Industry report

Funding and advertised pay are reported in USD; filed accounts retain their stated source currency and basis.

Exchange-rate basis

Indicative conversions use ECB reference rates dated 2026-09-14, applied consistently across all periods. They are not historical exchange rates. Indian rupees may use crore (1 crore = 10 million); other currencies use K, M and B. CSV downloads, source documents and quoted news headlines retain their original currencies.

THE MEXICO EDITION 2026

Mexico’s
travel and hospitality industry,
in focus.

The companies, capital and talent shaping travel and hospitality in Mexico. Find the leaders. Understand the segments. See where the activity is.

Snapshot: Funding in USD
Illustrated cover for Travel and Hospitality Industry Landscape of Mexico
MX
COMPANIES · CAPITAL · TALENT

An industry ecosystem,
measured in context.

Travel and Hospitality illustration
MEET THE COMPANIES

Explore Mexico’s travel and hospitality leaders

21 featured companies from the funding, hiring, revenue and team-size leaderboards.

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Travel and Hospitality company highlights in Mexico, snapshot 2 September 2026
Company
Viva Aerobusvivaaerobus.com$150M1,109
Casaicasai.com$53M350
Hoteles City Expresscityexpress.com$17.5M3,763
Puerto de Béjarpuertodebejar.org$17.35K
AISGaisg.aero3 roles76
Aeromexicoaeromexico.com2 roles13,868
Rancho Pescaderoranchopescadero.com2 roles
Camino Realcaminoreal.com1 roles
Grupoxcaretgrupoxcaret.com1 roles1,232
The Dolphin Companythedolphinco.com1 roles108
white star groupestrellablanca.com.mx1 roles503
ADOado.com.mx
Estafetaestafeta.com
Europcareuropcar.com.mx
Grupo Mexicogmexico.com30,475
KidZaniakidzania.com175Financial figure available in RadarView in Radar
Los Cabos Tourism Boardvisitloscabos.travel
NexusToursnexustours.com
Park Royalhotelspark-royalhotels.com
Volarisvolaris.com
grupo posadasposadas.com16,903
21 featured companies

Locked revenue figures are available in Radar; the eight company financial previews stay the same throughout this page. A dash means the figure is outside these featured lists. Revenue years vary by company; the figures are not a like-for-like revenue comparison. Compare annual accounts ↗

Company discovery

Recorded evidence only

Explore the live startup set in Radar

No company example met every recorded classification, independence and public-profile gate in this snapshot. The live directory may have newer qualifying companies.

Explore classified startups in Radar ↗
THE KEY SIGNALS

Travel and Hospitality industry KPIs in Mexico

A few useful ratios bring the size of this ecosystem into perspective.

2 September 2026
Hiring participation1.4%

7 of 487 tracked companies have open roles.

Funding participation1.6%

8 of 487 tracked companies have a recorded round.

Top 3 funding share100.0%

Share of disclosed capital received by the three largest recorded recipients.

Median disclosed round$23M

Midpoint of 5 rounds with a disclosed amount.

Scale is concentrated. Opportunity is broader. The three largest funding recipients hold 100.0% of disclosed capital, while 98.4% of tracked companies have no recorded funding round.

Explore the segments →
CAPITAL & COMPANY FORMATION

How Mexico travel and hospitality has grown

Recorded company formation and disclosed funding across the complete annual series shown.

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2016 — 2025

Disclosed funding by year

Sum of recorded funding rounds · USD

Mexico travel and hospitality
$0$42.75M$85.5M$128.25M$171M2016: $020162017: $020172018: $020182019: $020192020: $48.02M20202021: $150M20212022: $020222023: $020232024: $020242025: $02025
View the numbers
Annual travel and hospitality funding and company formation in Mexico
YearFunding (USD)FoundedRaising
2016$0140
2017$0130
2018$0160
2019$0210
2020$48.02M302
2021$150M341
2022$0200
2023$060
2024$000
2025$000
WHERE CAPITAL SITS

Funding concentration

Share of all disclosed company funding.

  • Viva Aerobus68.0%
  • Casai24.0%
  • Hoteles City Express7.9%
  • Other companies0.0%

Funding by stage

9 recorded rounds since 2016

NUMBER OF ROUNDS
Seed & Angel2 22.2%
Series A–B2 22.2%
Series C+ / PE0 0.0%
Grants, debt & other5 55.6%

Recent recorded rounds

Latest recorded rounds · USD
0 rounds

Swipe or scroll horizontally to browse.

Largest and notable recorded rounds

Each card is one recorded round
2 cards

Swipe or scroll horizontally to browse.

Series A10/2020
Casaicasai.com$23M

Backed by Andreessen Horowitz and Kaszek and others.

THE BUSINESS BEHIND THE ACTIVITY

Revenue, profitability & financial strength

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Annual accounts availability

No reviewed exact national-ID connector has yet been qualified for Mexico; this is a checked implementation boundary, not evidence that filings are absent.; No reviewed exact national-ID connector has yet been qualified for Mexico; this is a checked implementation boundary, not evidence that filings are absent.

DIGITAL FOOTPRINT

Web traffic, app reach and release cadence

How the Mexico companies on this page show up online: the sites people visit, the apps they install, and how often those apps ship.

Busiest websites

12 of the 489 companies on this page carry a measured traffic record (2.5%); these are the largest of those, by monthly visits. The median among them is 326,297 visits.

Visits and authority are third-party web estimates, not company-reported figures.

Most-installed apps

32 of these companies (6.5%) publish at least one Android app — 41 apps in all, carrying 16.9M installs between them.

AppInstallsRatingStore category
VivaViva Aerobus5.6M4.6Travel & Local
ADO Boletos de AutobúsADO4.6M4.7Travel & Local
VolarisVolaris3.5M3.8Travel & Local
Estafeta MóvilEstafeta1.3M3.1Productivity
Palace ResortsMundo Palace Careers398.1K2.8Travel & Local
Oasis Hotels & ResortsOasis Hotels & Resorts385.4K3.1Travel & Local
Vidanta ResortsVidanta280.2K2.7Travel & Local
Citi: Sigue tu ruta en tiempo Sendaciti166.4K4.5Travel & Local
Estrella Blanca Compra Boletoswhite star group136.6KTravel & Local
NexusToursNexusTours107.6K2.5Travel & Local

Installs are lifetime totals to date at the June 2026 store reading — a measure of reach, not of people using an app today.

App reach by segment

The busiest app inside each of this page’s own segments, with the quarterly release trend behind it (2023Q2–2026Q2).

SegmentAppsInstallsLeading appRelease trend
Passenger Airlines510.4MViva 5.6M
Travel Agencies58.3MADO Boletos de Autobús 4.6M
Freight Forwarders31.3MEstafeta Móvil 1.3M
Hotels171.3MPalace Resorts 398.1K
Bus Operators3303.1KCiti: Sigue tu ruta en tiempo 166.4K
Tour Operators6130.1KNexusTours 107.6K
Car Rentals447.9KAircab 30.2K

A company can carry several segment tags, so these rows overlap and should not be added together. Trend lines are zero-based and share one quarter grid, so a flat line is a quiet segment, not a missing one.

Release cadence by quarter

New apps published, beside apps whose most recent update landed in that quarter — the second bar is how much of the shelf is still being maintained.

2023Q2: 12023Q2: 12023Q22023Q3: 12023Q3: 02023Q32024Q1: 22024Q1: 12024Q12024Q4: 12024Q4: 22024Q42025Q1: 12025Q1: 12025Q12025Q2: 12025Q2: 32025Q22025Q3: 12025Q3: 42025Q32026Q1: 12026Q1: 42026Q1

Darker bars are new releases, lighter bars apps updated. 32 of 41 apps carry a release date. The series ends at 2026Q1, the last quarter that closed before the June 2026 reading.

INSIDE THE INDUSTRY

The Mexico travel and hospitality market map

Explore the segments behind the headline numbers.

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Where companies are building

Rank segments by scale, hiring or disclosed funding.

Segment data unavailable0

Companies can sit in several segments. Counts and funding overlap.

SEGMENT TO EXPLORE

Segment data unavailable

The largest measured segment in this report snapshot.

0companies
0%have hiring activity

0 companies hiring · $0 disclosed funding

Explore in Radar

How companies make money

Common revenue models; a company can use more than one.

THE COMPANIES IN MOTION

Who is listing, hiring leaders, launching and winning work

Recorded corporate activity linked to companies in this landscape.

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Recent corporate headlines 8 dated reports
IPO activityaeromexico.com ↗

Grupo Aeromexico had issued 11,727,325 shares in its IPO on November 6th. The total size of the offering was $222,819,175 based on an initial share price of $19.00.

Mergers & acquisitionsvolaris.com ↗

Mexico's two major low-cost carriers, Viva Aerobus and Volaris, have decided to enter an equal merger partnership.

Mergers & acquisitionsvivaaerobus.com ↗

The two most-traffic airlines in Mexico, Volaris and Viva Aerobus, said Thursday that they have agreed to merge, creating a new group of low-cost airlines that would become the country's largest national airline.

Mergers & acquisitionsgmexico.com ↗

Mining magnate German Larrea’s conglomerate, Grupo Mexico SAB, said it accepts Citigroup Inc.’s decision to reject its $9.3 billion offer for the US bank’s Grupo Financiero Banamex business.

Mergers & acquisitionsestafeta.com ↗

On September 18, 2025, United Parcel Service, Inc. (NYSE:UPS) terminated its planned acquisition of Estafeta.

Funding roundsnexustours.com ↗

NexusTours has announced a major step in its operational excellence strategy with an investment of over $4 million to expand its transport fleet across Mexico, the Dominican Republic, and Jamaica.

Contractskidzania.com ↗

Smart Technology Centre has been appointed the Preferred Technology Partner for South Africa’s flagship KidZania franchise launching in Johannesburg. Smart Technology Centre (STC), an enterprise managed service provider will be responsible for the turnkey planning, procurement, implementation and support of KidZania’s technology infrastructure including networking, connectivity, world‑class security solutions, communications and IT support.

Company announcementsposadas.com ↗

Posadas is advancing 34 hotels in development and more than 4,800 additional rooms, representing an investment exceeding $880 million USD.

Full recorded event mix

Top 10 categories among 63 recorded events in the 24-month window.

Company announcements
18
Mergers & acquisitions
13
Earnings
8
Lawsuit
5
IPO activity
5
Contracts
5
Leadership moves
3
Regulatory
2
Asset acquisitions
2
Funding rounds
1
5 activity cards

Swipe or scroll horizontally to browse.

IPO pipeline

1 companies with recorded IPO activity

Aeromexico ↗

IPO · NYSE6 reports

Product launches

Products, platforms and features in the recorded window

KidZania ↗
new role-plays

Interactive edutainment

Contract wins

2 recorded customer wins

Volaris ↗

Customer: vivaAirline

Customer: emirates groupAviation

Regulatory events

2 recorded events

Aeromexico ↗

ordered to unwind joint ventureU.S. Transportation Department

Aeromexico ↗

proposed withdrawal of antitrust immunityU.S. Department of Transportation

Litigation

6 tracked suits

Company
u.s. department of transportation, u.s. department of justic v delta air lines, aeromexico

antitrust action over joint venture dissolutionRegulatory · Filed

Company
Department of Transportation v Delta-Aeromexico joint venture, delta, aeromexico

challenge DOT order to terminate Delta-Aeromexico joint ventureCivil · Filed

Mergers and acquisitions

Company-linked deal reports; status is preserved as recorded.

Acquirer → targetStatusDateValue / context
Viva AerobusVolaris ↗Announced2025-12-21Not stated in snapshot
VolarisViva Aerobus ↗Announced2025-12-19Not stated in snapshot
UPSEstafeta ↗Terminated2025-11-03Not stated in snapshot
Grupo MexicoGrupo Financiero BanamexTerminated2025-10-10$9.3B
Grupo MexicoFinancial Group BanamexAnnounced2025-10-07Not stated in snapshot
Grupo MexicoBanamex Financial GroupAnnounced2025-10-04Not stated in snapshot

A discussion or rumour is not a completed transaction. An unstated value is not zero.

PEOPLE & OPPORTUNITY

The talent market

1 postings in the preceding 12 months. The full 1-posting snapshot covers 1 employers.

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Most advertised job titles

Interiorista Hospitality (México)1
0 internship postings

0 tracked postings mention remote work.

THE PEOPLE BUILDING THE FIELD

Founders and leaders

33 founders and chief executives across 32 companies.

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12 profiles

Swipe or scroll horizontally to browse.

Education networks

1 profiles with education records.

Prior employers

1 profiles with prior-work records.

Profiles cover recorded founders and leaders; contact details remain in Radar.

NEWS INTELLIGENCE

How this industry appears in the news

256,149 articles in the measured 12-month window.

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256,149articles in the measured year
52,561articles in 2026Q1
36.4%positive tone in the latest complete year

News volume trends

Travel and Hospitality coverage across Mexico · articles per complete quarter

038,54877,095115,643154,1912021Q2: 41,8422021Q22021Q3: 44,9422021Q4: 38,5892022Q1: 41,8722022Q2: 43,4922022Q22022Q3: 42,7662022Q4: 57,0372023Q1: 56,8592023Q2: 54,1782023Q22023Q3: 63,9092023Q4: 52,1402024Q1: 64,7292024Q2: 69,9392024Q22024Q3: 67,3042024Q4: 81,4442025Q1: 134,0792025Q2: 73,4372025Q22025Q3: 98,7502025Q4: 45,1762026Q1: 52,5612026Q1
View quarterly article counts
QuarterArticles
2021Q241,842
2021Q344,942
2021Q438,589
2022Q141,872
2022Q243,492
2022Q342,766
2022Q457,037
2023Q156,859
2023Q254,178
2023Q363,909
2023Q452,140
2024Q164,729
2024Q269,939
2024Q367,304
2024Q481,444
2025Q1134,079
2025Q273,437
2025Q398,750
2025Q445,176
2026Q152,561

Article volume measures coverage, not market sales.

Tone of coverage over time

2021
60,844 positive · 31,398 neutral · 42,739 negative
2022
85,636 positive · 47,607 neutral · 51,648 negative
2023
109,404 positive · 59,219 neutral · 58,166 negative
2024
111,344 positive · 95,894 neutral · 75,817 negative
2025
127,858 positive · 95,539 neutral · 127,611 negative

Leading coverage topics

Travel and Hospitality coverage across Mexico · ranked by full-period article count.

Geopolitical Disputes And Contested Areas238,293 articles in the full recorded period
52,243 recent · 80,158 prior
International And Transnational Geographic Entities238,250 articles in the full recorded period
52,245 recent · 80,119 prior
Administrative And Political Subdivisions238,190 articles in the full recorded period
52,233 recent · 80,081 prior
Trade Policies And Agreements23,606 articles in the full recorded period
6,814 recent · 15,194 prior
/People & Society/Social Issues & Advocacy/Immigration Policy & Migrant Rights18,053 articles in the full recorded period
4,291 recent · 4,919 prior
International Sports Competitions17,158 articles in the full recorded period
5,278 recent · 3,386 prior
Political Asylum And Refugee Policies15,322 articles in the full recorded period
3,450 recent · 4,485 prior
Human Rights Advocacy Reports15,014 articles in the full recorded period
3,349 recent · 4,373 prior
International Political Relations10,390 articles in the full recorded period
3,058 recent · 2,975 prior
Economic Policy And Financial Regulation8,066 articles in the full recorded period
2,435 recent · 5,430 prior

Recent and prior counts use the source comparison windows.

Topics gaining and losing attention

Travel and Hospitality coverage across Mexico

KeywordRecentPriorChange
countries3,9071,432173%
world cup93154770%
fifa world cup qualifiers82053952%
wto rulings799185332%
international cups66134989%
federalism disputes56291518%
volleyball world cup qualifiers48632251%
global tournaments47332346%
refugee health screenings43926963%
airline rewards40221091%
disputed islands52,14479,798-35%
territories52,14879,797-35%
tariff negotiations5,16912,273-58%
free trade deals2,7955,308-47%
border enforcement practices2,0183,186-37%

Event and signal lenses

Travel and Hospitality coverage across Mexico

All complete annual cohorts shown
Rising

Regulatory Risk

520,454 classified articles

disputed islands, territories, tariff negotiations

16.1% critical · 12.3% positive
Rising

Funding Momentum

42,160 classified articles

inflation reports fx, trade deficits fx, gdp growth forex

37.4% critical · 36.8% positive
Rising

Growth

100,694 classified articles

tariff negotiations, gdp growth forex, earnings report

27.4% critical · 45.2% positive

Travel and Hospitality coverage across Mexico. Topic labels describe recorded classifications and can include broad context.

GEOGRAPHIC FOOTPRINT

Where companies are based

Company counts, hiring and disclosed funding across the recorded hubs.

Expand panel +
8 cards

Swipe or scroll horizontally to browse.

UNDERSTAND THE LANDSCAPE

Travel and Hospitality in Mexico: key questions

Clear definitions for making better comparisons.

What does this landscape measure?

It measures the tracked company ecosystem, recorded funding, hiring and other available evidence. It is not a market-size estimate.

Can segment counts be added together?

No. A company can belong to several segments, so segment counts and funding can overlap.

What does a missing figure mean?

A dash or unavailable panel means the current reviewed source snapshot does not support that figure.

Company ecosystem snapshot: 2 September 2026. Funding is recorded in USD; filed accounts retain their stated currency and reporting basis. Each section identifies its own coverage. The news and research behind these sections is explorable in Prism.

Canonical landscape ↗
Coming soon