Los Cabos Hotel Rates Continue To Rise As Occupancy Approaches 90%

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Last Updated 1 year ago

Los Cabos hotels are almost fully booked for the holiday season. Today Lilzi Orcí, president of the Cabo hotels association, mentioned that local hotels have been 80% booked on average throughout the month of December. For Christmas and the new year, hotels are likely going to be up to 90% booked. Those people who are fortunate enough to find a room available in the region at the last minute are likely going to have to pay rates above the average nightly rate that Cabo typically offers. Thanks to the high demand, hotel prices are likely going to continue to climb in 2023. 

Los Cabos Didn’t See An Offseason In 2022

According to data released by Lilzi Orcí of the Cabo hotels association, Los Cabos hotels and resorts were occupied at an average rate of 70 to 71% throughout the entire year. Effectively meaning that there was no true off-season for Los Cabos in 2022. This has led the most popular resort town in the Mexican Pacific to put up historic numbers when it comes to the number of visitors to the region. 

In turn, that has also caused the average night at Cabo hotels to increase continuously. It currently sits at a bit over 450 dollars a night. As previously stated, rates are expected to go up in 2023. The worst days of the year for local hotels coincided with storms that hit the region. Even in those cases, the hotel occupancy rate sat at around 40%.   

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Los Cabos Occupancy Levels Have Allowed Average Nightly Rates To Rise 73% Since 2019

Currently, the average nightly rate in Los Cabos, according to the hotels association, is even over 450 dollars. That price is 73% higher than it was in 2019, before the pandemic. At that time, the average nightly rate at Cabo hotels was a seemingly more reasonable 260 dollars. 

There are certainly multiple factors that have contributed to such a massive increase. For starters, Cabo hotels operated in a limited capacity through 2020. Into 2022, the limited supply of rooms quickly drove up their price. Since demand remained steady even as hotels were able to open up more rooms for guests, there was no reason for the price to drop.  

Finding Last Minute Deals At Cabo Resorts For The Christmas Holiday  

We’re basically ten days out from Christmas at this point, and it’s understood that most people already have their plans set for the holidays. Lilzi Orcí of the hotel’s association estimates hotels are 90% booked for the holidays. There are multiple resorts in the region that are all sold out. Most of the ones that are still available are offering rooms above the average nightly rate of 450 dollars. Not all hope is lost, though. Here are some of the options that we found at all-inclusive resorts to spend Christmas in Cabo on a last-minute trip. 

Royal Solaris Los Cabos & Spa

This hotel is one of the oldest in the area, and in certain parts of the facility, that’s evident at times. However, it’s one of the resorts where you can still find room for the Christmas break at a nightly rate that, at least before fees, is under the average of 450 dollars a night.  

At Least 2 Riu Hotels Still Have Room For The Holidays

The RIU Santa Fe and the RIU Palace Baja California are the RIU resorts that seemingly still have rooms available for the holidays. It’s the RIU Santa Fe that’s looking like the best deal at 286 dollars a night on the base fee.  

For Higher End Experiences, The Grand Velas, Hard Rock, and Hyatt Ziva Are Still Available

Some of the higher-end hotels that offer all-inclusive packages, like the Hard Rock and the Hyatt Ziva, are still advertising their rooms for stays on the 24th and 25th of December. The same is true about the best-rated all-inclusive property in Mexico, the Grand Velas Los Cabos hotel. The prices for these hotels do go, at times, considerably over the 450 dollars a night average. All of these properties still had rooms available at the time of writing for Christmas Eve and Christmas day. That could change at any point.