Link: https://www.rt.com/business/408333-mexico-tourism-cartel-war/

Guests in Mexican hotels have canceled 35,000 booked nights in the coming year, as hotel occupancy tumbled 10 percent this year. The reason is an outbreak of violence near tourist hot spots.

While the Mexican peso is weak, which is usually a sign for more bookings, American tourists still prefer to stay away from Mexico. Gunmen opened fire at a Cancun nightclub in November, and an ice cooler containing two severed heads was found at the resort of Cabo San Lucas.

Murders have quadrupled in Los Cabos and doubled in Cancun this year. Authorities in Mexico recorded 2,234 homicides in June. US State Department issued a warning, saying that “US citizens have been the victims of violent crimes, including homicide, kidnapping, carjacking, and robbery in various Mexican states. Mexico gets about $20 billion a year from tourism.