Homeowners in Mexico are taking advantage of record low mortgage rates that have spurred refinancing. After the collapse of the country’s three biggest home builders last year stalled new construction and slowed lending, banks including BBVA Bancomer and HSBC Holdings have turned to refinancing for growth. That could provide a jolt to Mexico’s sluggish economy...Read More

Because of this new confidence, Princess Cruises will include two new ships in their Mexican Pacific cruises starting next year. The news was announced by company representative, Santiago Gómez Salvador, today at the welcoming ceremony of the Coral Princess, redirected to Puerto Vallarta from Cabo due to Hurricane Odile damage. The two new cruise ships...Read More

The Puerto Vallarta Tourism Board has reported that the destination is 100 percent operational after recovering from hurricanes Nobert, Odile and Polo which came close to the destination during the past weeks. All hotels, resorts, tour operations, convention center, airport and golf courses are up-and-running and welcoming visitors. The city of Puerto Vallarta is surrounded...Read More