Reconstruction of Hotels in Acapulco: 40 billion pesos
The reconstruction of hotels in Acapulco, which were affected by Hurricane Otis, is estimated to require a total of 40 billion pesos, according to the Association of Hotels and Motels of Acapulco.
In this regard, Evodio Velázquez, former mayor of Acapulco, stated that there are approximately 200,000 micro and small business owners, both formal and informal, who are uncertain about their future due to the lack of support.
Meanwhile, the entrepreneurs of the 282 hotels that make up the Association of Hotels and Motels of Acapulco, Guerrero, require investments of at least 40 billion pesos for reconstruction.
Regarding this, the government support allocated to the tourist destination “is appreciated, but it is not sufficient,” noted the president of the Association of Hotels and Motels of Acapulco, Javier Saldívar Rodríguez.
In an interview with El Economista, he expressed concerns about the guarantees required in the reconstruction plan because “the biggest problem in Acapulco is that 95% of businesses are listed in the credit bureau, due to crime, blockades, and other difficulties.”
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Reconstruction of Hotels in Acapulco
The reconstruction of hotels in Acapulco, which were affected by Hurricane Otis, underscores that the damages to many infrastructures are severe.
“We need more substantial funds because the damages are very serious, and the reactivation will be challenging. While the months with tax exemptions are welcome, the problem won’t be solved by December,” referring to President Andrés Manuel López’s statement that some businesses and hotels would reopen in that month.
He also mentioned that some hotels (the least damaged ones) will intensify efforts to open on a provisional basis, with surface repairs, in December to fulfill holiday reservations. However, most of the hotels will take “many more months” to fully reopen.
For the reconstruction of hotels in Acapulco, the hotel industry requires quick and precise investments.
“We need fresh resources, and we need the government’s financial support to help us clear our credit bureau records and reopen as soon as possible because without the funds, the process becomes very challenging, and the recovery will be slower.”
On the other hand, Evodio Velázquez, former mayor of Acapulco, considered the federal government’s allocated resources for the reconstruction of Acapulco to be insufficient and estimated that an emergency plan would require between 300,000 and 450,000 million pesos to fully restore the tourism infrastructure and address the needs of 500 neighborhoods and 120 rural areas.
When Hurricane Ingrid and Manuel hit the Port of Acapulco in the past, the government allocated 30 billion pesos solely to address the Diamante area of Acapulco, which was the most severely affected.”
