Riviera-Maya News recently posted that Airbnb is building their own luxury apartment complex in the Cancun Hotel Zone, which will compete directly with the hotel sector.
This, they write, came from real estate developer Miguel Ángel Lemus Mateos, who reports that the vacation property platform is in the process of building a 12-apartment real estate project in the Hotel Zone that will cater to luxury vacationers.
Lemus explained that the investment is ready and construction will begin at the end of 2018. The project will have nightly prices reaching as high as $1,000 USD and each apartment . . .
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