Vacation Rentals In Puerto Vallarta Filling Up Despite Rising Costs  

Last Updated 2 months ago

Puerto Vallarta has long been a sought-after destination for travelers looking for fun in the sun and adventure.   

Despite the recent surge in travel costs, this coastal destination continues to be irresistible for US travelers, especially when it comes to vacation rentals.  

Jorge Urbina, Secretary of the Association of Condo Managers and Professionals in Puerto Vallarta (APROCOPV), anticipates a significant rise in occupancy for November and December.  

“Condos are currently maintaining a moderate to low occupancy of around 25% to 30%. However, the upcoming months are poised to see a substantial increase, reaching 65% to 70% or more. It all depends on the unique charm and private units each condo brings to the table,” explains Urbina.   

As the year winds down, Puerto Vallarta prepares to welcome a surge of visitors looking to escape the approaching chilly winter temperatures.  

And despite rising costs, the demand for vacation rentals continues.  So, what’s drawing travelers in?  Let’s take a look.  

Personalized Accommodations 

Vacation rentals in Puerto Vallarta offer a personalized escape, allowing visitors to tailor their experience.  

Whether it’s a condo overlooking the lively Malecón or a cozy villa tucked away in the lush hills, the variety of options is as diverse as travelers’ preferences.  

Not only do vacation rentals offer comfort and privacy, but also the unique charm each vacation rental offers while becoming a home away from home for travelers. 

Upcoming High Season  

As the holiday season approaches, the charm of Puerto Vallarta intensifies.  

The warm, inviting atmosphere and cultural events draw a surge of visitors.  

Jorge Urbina’s optimism about reaching 70% occupancy in vacation rentals during November and December reflects the growing eagerness among travelers to embrace the festive spirit in this tropical destination.    

Adapting to Rising Prices 

Despite the noticeable increase in travel costs, Puerto Vallarta continues to draw in visitors in record numbers.   

The tropical destination is adapting, offering a balance between affordability and the promise of an unforgettable getaway.  

Units available for rent have seen a staggering 40% increase in their rental value.  

The rise in prices, often a concern for travelers, seems secondary when compared to the vibrant experiences and memories awaiting them in Puerto Vallarta. 

Stay Like a Local  

Vacation rentals in Puerto Vallarta are not just places to stay; they are an opportunity to experience the destination like a local.  

With many vacation rentals located in the heart of the city or nestled in charming neighborhoods, visitors get a genuine taste of local life.  

Exploring nearby markets, savoring authentic cuisine, and engaging with the community enrich the travel experience in ways a traditional hotel stay might miss. 

So, what can travelers expect in vacation rentals versus a hotel stay?  

Benefits of Renting a Vacation Home vs. a Hotel

• Space and Privacy: Vacation rentals often provide more space than hotel rooms. With separate bedrooms, living areas, and kitchens, travelers can enjoy greater privacy and flexibility. This is particularly beneficial for families or groups traveling together, offering a more comfortable and home-like experience. 
• Cost Savings for Groups: For larger groups or families, vacation rentals can be more cost-effective than booking multiple hotel rooms. The ability to share the cost of a rental property can result in significant savings per person, making it a budget-friendly option for group travel. 
• Local Experience: Staying in a vacation home allows travelers to immerse themselves in the community, giving them the opportunity to experience a destination as a local. 

What can travelers do to save despite rising prices? 

Tips for Saving Money on Vacation Rentals 

1. Flexible Travel Dates: Consider adjusting your travel dates to take advantage of lower rates during off-peak seasons. Vacation rental prices can vary significantly based on the time of year, and being flexible with your travel dates can result in substantial savings. 

2. Book in Advance: Secure your rental well in advance to access better rates. Early bookings not only increase the likelihood of finding the ideal property but also often come with discounted prices. This is especially crucial if you’re eyeing a property in a popular destination. 

3. Look for Special Deals and Discounts: Keep an eye out for special deals, promotions, or discounts offered by vacation rental platforms or property owners. Some owners may offer last-minute discounts or extended-stay deals that can help reduce the overall cost of your accommodation. 

Renting a vacation home offers a personalized and cost-effective alternative to traditional hotels.

Vacation rentals provide travelers with a home away from home and the opportunity to tailor their accommodations to their specific needs and preferences. 

The thriving demand for vacation rentals in Puerto Vallarta is not just a reflection of the charm that makes this destination so special, but another example of the enduring magic of this Mexican city.  

As travelers prepare to experience all that Puerto Vallarta has to offer and immerse themselves in the charm that makes this destination so special.  

The surge in vacation rental reservations despite increasing prices proves that for many, the allure of sunny beach days and welcoming hospitality outweigh the challenges of additional costs.  

So, whether you are looking to relax on a sunny beach this winter season or an adventure-filled getaway, Puerto Vallarta’s vacation rentals stand ready to be your home away from away.