Home » Consumer Goods » Mexico Hotel Gift Cards Market

Mexico Hotel Gift Cards Market

Mexico Hotel Gift Cards Market By Product Type (Universal Accepted Open Loop, Hotel Closed Loop); By Price Range (Low (0-1000 US$), Medium (1000-3000 US$)); By Sales Channel (Online, Offline); By End User (Business, Individuals); By Application (Holiday Packages, Bar & Spa Services, Sports Activities, Travel & Transportation, Others) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032

Summary
Table Of Content

REPORT ATTRIBUTE	DETAILS
Historical Period	2020-2023
Base Year	2024
Forecast Period	2025-2032
Mexico Hotel Gift Cards Market Size 2023	USD 1,535.69 million
Mexico Hotel Gift Cards Market, CAGR	11.4%
Mexico Hotel Gift Cards Market Size 2032	USD 4,058.01 million

Market Overview

Mexico Hotel Gift Cards market size was valued at USD 1,535.69 million in 2023 and is anticipated to reach USD 4,058.01 million by 2032, at a CAGR of 11.4% during the forecast period (2023-2032).

The Mexico Hotel Gift Cards Market is experiencing significant growth, driven by rising tourism, increasing digital payment adoption, and the growing trend of experiential gifting. The country’s thriving hospitality sector, fueled by government initiatives and global travel recovery, is boosting demand for hotel gift cards. Additionally, corporate gifting practices and partnerships between hotels and financial service providers are expanding market reach. The shift towards digital and contactless payment solutions further enhances convenience, making gift cards a preferred choice for consumers. Market players are leveraging personalized offers, loyalty programs, and omnichannel distribution to attract a broader customer base. Emerging trends include e-gift cards, mobile wallet integration, and AI-driven recommendations, which enhance customer engagement. Seasonal promotions and collaborations with airlines and travel agencies are also driving sales. As travel preferences shift toward luxury and unique experiences, hotel gift cards offer flexibility and exclusivity, positioning the market for steady expansion in the coming years.

Mexico’s hotel gift card market is expanding across key cities, including Mexico City, Monterrey, Guadalajara, and Tijuana, driven by increasing tourism, corporate travel, and digital payment adoption. Mexico City, as a major economic and cultural hub, witnesses strong demand for hotel gift cards from both leisure and business travelers. Monterrey benefits from a high volume of corporate travel, while Guadalajara’s cultural attractions and event tourism fuel market growth. Tijuana’s proximity to the U.S. border supports rising adoption, particularly for medical and cross-border tourism. Leading players shaping the market include PortoBay Hotels & Resorts, Barceló Hotel Group, Hyatt, Airbnb, Expedia Group, Four Seasons Hotels & Resorts, Marriott International, Choice Hotels International, Wyndham Hotels & Resorts, and Hilton. These companies leverage loyalty programs, digital platforms, and personalized offerings to enhance consumer engagement, ensuring a competitive and evolving landscape for hotel gift cards in Mexico.

Access crucial information at unmatched prices!

Request your sample report today & start making informed decisions powered by Credence Research!

Download Sample

Market Insights

The Mexico Hotel Gift Cards market was valued at USD 1,535.69 million in 2023 and is projected to reach USD 4,058.01 million by 2032, growing at a CAGR of 11.4% during the forecast period.
Rising tourism and corporate travel in key cities like Mexico City, Monterrey, Guadalajara, and Tijuana are driving market expansion.
The increasing adoption of digital payment solutions and mobile-friendly hotel booking platforms is enhancing the convenience of hotel gift cards.
Leading players, including Marriott International, Hilton, Airbnb, and Expedia Group, are leveraging loyalty programs and digital platforms to strengthen their market presence.
Limited acceptance of gift cards across independent hotels and lack of consumer awareness hinder market growth.
Mexico City dominates the market due to its strong hospitality sector, while Monterrey, Guadalajara, and Tijuana are witnessing rapid adoption.
The trend of personalized and promotional hotel gift cards is gaining momentum, attracting both corporate and individual buyers.

Market Drivers

Surging Tourism and Hospitality Industry

Mexico’s hotel gift cards market is expanding due to the rapid growth of the tourism and hospitality sector. The country remains a top global travel destination, attracting millions of visitors annually due to its diverse cultural heritage, pristine beaches, and luxury resorts. For instance, the Mexican government’s initiatives to promote tourism, such as infrastructure development and digital marketing campaigns, are further driving hotel occupancy rates. Additionally, rising disposable incomes and increased international and domestic travel post-pandemic are boosting demand for flexible accommodation options. Hotel gift cards provide travelers with a convenient and versatile way to book stays, making them an attractive option for both tourists and hospitality businesses looking to enhance customer engagement.

Growing Adoption of Digital Payments and E-Gifting Trends

The increasing preference for digital transactions and e-gifting is propelling the hotel gift cards market in Mexico. Consumers are shifting toward cashless payment methods, including mobile wallets, contactless payments, and prepaid digital cards, due to their convenience and security. Hotel chains and travel companies are leveraging this trend by integrating hotel gift cards with mobile apps and online platforms, enabling seamless transactions and instant redemption. Additionally, the rise of e-gifting culture, especially among millennials and Gen Z, is driving market expansion. People increasingly prefer experience-based gifts over traditional presents, making hotel gift cards a popular choice for special occasions like birthdays, weddings, and corporate incentives. This shift is encouraging hotels to offer personalized, customizable, and reloadable gift card options, further boosting their appeal.

Seasonal Promotions and Strategic Partnerships

Seasonal and holiday promotions significantly contribute to the rising demand for hotel gift cards in Mexico. During peak travel seasons, such as Christmas, summer vacations, and national holidays, hotels launch special discounts and bundled offers on gift cards to attract travelers and gift buyers. For example, strategic partnerships between hotel chains and travel agencies are expanding market reach. By collaborating with financial service providers, travel booking platforms, and retail chains, hotels enhance the accessibility and visibility of their gift card programs. Co-branded gift cards, bundled travel experiences, and exclusive discounts for cardholders further incentivize consumers to opt for hotel gift cards. These initiatives are strengthening the market’s position, making hotel gift cards a preferred choice for both individual and corporate customers seeking convenience and value in their travel experiences.

Corporate Gifting and Loyalty Programs

Corporate gifting is emerging as a key driver of the Mexico hotel gift cards market, with businesses increasingly using them as incentives for employees and clients. Companies in various industries, including banking, retail, and tech, recognize the value of experience-based rewards in enhancing employee satisfaction and client relationships. Hotel gift cards serve as a unique, flexible incentive that encourages leisure travel and relaxation, aligning with corporate wellness and engagement strategies. Moreover, hotel brands are integrating gift cards into their loyalty and rewards programs to drive repeat bookings and customer retention. Exclusive promotions, discounts, and membership perks associated with gift cards encourage frequent travelers to choose specific hotel chains, strengthening brand loyalty and market growth.

Market Trends

Rise of Digital and E-Gift Cards

The increasing shift toward digitalization is reshaping the Mexico Hotel Gift Cards Market, with e-gift cards gaining substantial traction. Consumers prefer digital gift cards due to their convenience, instant delivery, and easy redemption via mobile apps and online platforms. For instance, hotels and travel companies are leveraging this trend by integrating e-gift cards into their loyalty programs and mobile payment solutions, enhancing customer engagement. Additionally, QR code-based and contactless payment-enabled gift cards are becoming more popular, aligning with the growing adoption of secure and seamless digital transactions. This trend is expected to continue as consumers seek flexible and hassle-free travel booking options.

Personalization and Customization

Personalized and customizable hotel gift cards are emerging as a key trend, catering to evolving consumer preferences for tailored experiences. Hotels are offering gift cards with personalized messages, themed designs, and flexible value options, allowing buyers to create meaningful and unique gifts. Some brands also enable recipients to choose specific hotel locations, packages, or additional amenities, enhancing the gifting experience. This trend is particularly appealing for corporate clients and premium customers who seek exclusive travel perks. As hotels focus on enhancing customer satisfaction, the ability to customize gift cards is expected to drive higher engagement and brand loyalty.

Integration with Loyalty and Rewards Programs

The integration of hotel gift cards with loyalty programs is playing a crucial role in market growth. Leading hotel chains and travel agencies are incentivizing customers by offering reward points, discounts, or cashback on gift card purchases and redemptions. This strategy not only enhances customer retention but also boosts repeat bookings. Additionally, co-branded gift cards in partnership with airlines, credit card companies, and travel platforms are expanding market reach and increasing value for consumers. By aligning with loyalty programs, hotel gift cards are becoming a strategic tool for enhancing customer engagement and driving revenue growth in the hospitality sector.

Growing Demand for Experience-Based Gifting

A notable shift toward experience-based gifting is fueling demand for hotel gift cards in Mexico. Consumers increasingly prefer gifting memorable travel experiences over traditional material gifts, making hotel stays a popular choice for special occasions like anniversaries, birthdays, and corporate incentives. This trend is particularly strong among younger generations, who value travel and adventure over tangible possessions. Hotels are capitalizing on this demand by bundling gift cards with unique experiences such as spa treatments, dining packages, and adventure tours, further enhancing their appeal. As experiential gifting gains momentum, hotel gift cards are expected to witness sustained growth, positioning them as a preferred option in the travel and hospitality industry.

Market Challenges Analysis

Limited Awareness and Consumer Adoption

Despite the growing popularity of hotel gift cards, limited consumer awareness and adoption remain key challenges in the Mexico Hotel Gift Cards Market. Many potential buyers are unfamiliar with the benefits and flexibility of hotel gift cards, leading to lower purchase rates compared to other travel-related payment options. For instance, traditional gifting culture in Mexico often prioritizes tangible presents over experience-based gifts, slowing market penetration. Hoteliers and travel service providers must invest in targeted marketing campaigns, promotional discounts, and partnerships with retail and e-commerce platforms to educate consumers and increase adoption. Enhancing visibility through digital channels, influencer marketing, and corporate partnerships can help bridge this awareness gap and drive demand.

Fraud Risks and Redemption Limitations

Fraud and security risks pose significant challenges for hotel gift card providers, as digital transactions remain vulnerable to hacking, scams, and unauthorized use. Cybersecurity threats, such as counterfeit gift cards and data breaches, can erode consumer trust and impact market growth. Ensuring robust encryption, secure payment gateways, and fraud detection mechanisms is essential for sustaining credibility in the market. Additionally, redemption limitations, such as blackout dates, hotel exclusions, and hidden fees, can reduce customer satisfaction and discourage purchases. To overcome these barriers, hotels must ensure transparency in terms and conditions while offering flexible and user-friendly redemption policies that enhance the overall customer experience.

Market Opportunities

The Mexico Hotel Gift Cards Market presents significant growth opportunities driven by the expanding travel and tourism industry, coupled with increasing digitalization. As international and domestic travel demand rises, hotel chains and travel agencies can capitalize on the growing preference for flexible and convenient payment solutions. The increasing adoption of digital gift cards, integrated with mobile wallets and online booking platforms, offers a seamless experience for travelers. Additionally, partnerships with airlines, travel agencies, and financial service providers can enhance the accessibility of hotel gift cards, attracting a wider consumer base. By introducing multilingual platforms and targeting international tourists, hotels can further expand their reach and increase gift card sales.

Corporate gifting is another major avenue for growth, as businesses increasingly seek experience-based rewards for employees and clients. Hotel gift cards offer an attractive alternative to traditional corporate incentives, aligning with wellness and employee satisfaction initiatives. Companies in various industries, such as finance, technology, and retail, are adopting hotel gift cards as part of their reward programs, driving demand. Furthermore, seasonal promotions, loyalty program integrations, and bundled travel experiences can enhance consumer engagement, increasing repeat purchases. As the trend of experience-driven gifting gains momentum, hotels have the opportunity to innovate by offering personalized, themed, or premium travel packages through gift card programs, positioning them as a preferred choice in the hospitality industry.

Market Segmentation Analysis:

By Product Type:

The Mexico Hotel Gift Cards Market is segmented into universal accepted open-loop cards and hotel closed-loop cards, each catering to distinct consumer needs. Universal accepted open-loop gift cards function like prepaid debit cards and can be redeemed at multiple hotels or travel service providers, offering greater flexibility for travelers. These cards are particularly appealing to corporate buyers and individuals looking for versatile gifting options that allow recipients to choose from various hotel brands. The increasing preference for digital transactions and convenience is driving the demand for open-loop cards, making them a preferred option for travelers who seek flexibility in booking accommodations. On the other hand, hotel closed-loop gift cards are brand-specific and can only be redeemed at designated hotel chains or properties. These cards benefit hotel brands by fostering customer loyalty and encouraging repeat bookings. Many luxury and boutique hotels leverage closed-loop cards as part of their membership programs and exclusive promotions. As hotels enhance their digital platforms and integrate seamless redemption options, both segments are expected to witness steady growth.

By Price Range:

Hotel gift cards in Mexico are also segmented based on price range, with options categorized into low (0-1000 US$) and medium (1000-3000 US$) segments, catering to diverse consumer preferences and budgets. The low-price segment appeals to budget-conscious travelers and individuals looking for affordable gifting options, particularly for short stays, weekend getaways, or dining experiences within hotel properties. These cards are popular among younger consumers and corporate clients offering small-scale employee incentives. In contrast, the medium-price segment targets premium travelers seeking extended stays, luxury experiences, or bundled travel packages. These cards are commonly used for high-value corporate incentives, special occasions, and premium customer loyalty programs. The growing demand for experience-driven gifting and personalized travel experiences is fueling the adoption of higher-value hotel gift cards. As hotels continue to introduce tailored packages and exclusive perks within different price ranges, the market is expected to attract a broader customer base and drive increased adoption across both budget-conscious and luxury-seeking travelers.

Segments:

Based on Product Type:

Universal Accepted Open Loop
Hotel Closed Loop

Based on Price Range:

Low (0-1000 US$)
Medium (1000-3000 US$)

Based on Sales Channel:

Online
Offline

Based on End User:

Business
Individuals

Based on Application:

Holiday Packages
Bar & Spa Services
Sports Activities
Travel & Transportation
Others

Based on the Geography:

Mexico City
Monterrey
Guadalajara
Tijuana

Regional Analysis

Mexico City

Mexico City holds the largest market share, accounting for 38% of the Mexico Hotel Gift Cards Market, driven by its status as the country’s primary economic and tourism hub. The city’s extensive hospitality industry, featuring luxury hotels, boutique accommodations, and business-oriented properties, fuels the high demand for hotel gift cards. As a major destination for international tourists, business travelers, and corporate events, Mexico City sees strong adoption of both universal open-loop and hotel closed-loop gift cards. Corporate clients frequently purchase hotel gift cards as part of employee rewards and client appreciation programs. Additionally, the rise of digital payment solutions and mobile-friendly hotel booking platforms is further enhancing the accessibility and convenience of hotel gift cards in the region. The presence of major multinational hotel chains, along with government-led tourism promotions, continues to drive market expansion, positioning Mexico City as a key contributor to the industry’s overall growth.

Monterrey

Monterrey accounts for a 25% market share, largely driven by its reputation as Mexico’s leading business and industrial hub. With a high influx of corporate travelers, the demand for hotel gift cards in Monterrey is rising, particularly among businesses offering them as part of incentive programs and employee benefits. Many hotel chains in the region integrate gift cards with their loyalty programs, attracting frequent business travelers. The presence of premium hotels catering to corporate clients enhances the adoption of mid-to-high-value gift cards, allowing recipients to access premium hospitality services. Furthermore, the growing digitalization of payment systems and e-gifting trends in Monterrey is boosting the adoption of digital hotel gift cards, providing users with seamless and secure redemption options. The increasing number of conferences, trade shows, and corporate retreats in the city further solidifies Monterrey’s position as a key regional market for hotel gift cards.

Guadalajara

Guadalajara is emerging as a strong market for hotel gift cards, holding a 20% market share, propelled by its vibrant cultural tourism and growing leisure travel sector. As a renowned destination for music, arts, and historical attractions, Guadalajara attracts a steady flow of domestic and international tourists who seek hotel gift cards for accommodation flexibility. The city’s expanding hotel industry, which includes both luxury resorts and budget-friendly stays, offers ample opportunities for gift card sales across different price segments. Additionally, Guadalajara’s increasing appeal as a wedding and event destination has fueled the demand for high-value hotel gift cards, which are often gifted for honeymoon stays and special occasions. Hotels in the city are capitalizing on this trend by launching promotional campaigns and personalized gift card options, encouraging higher consumer adoption. As digital payment methods continue to grow in popularity, Guadalajara is expected to witness sustained expansion in its hotel gift card market.

Tijuana

Tijuana’s hotel gift card market holds a 17% market share, experiencing rapid growth fueled by its strategic location near the U.S.-Mexico border and the rising demand for cross-border travel. Many travelers from the United States prefer using hotel gift cards for short-term stays in Tijuana, particularly for medical tourism, shopping trips, and leisure travel. The city’s booming hospitality sector, with a mix of high-end hotels and affordable accommodations, caters to diverse customer segments, further increasing the market’s potential. Additionally, local businesses and medical tourism facilitators frequently use hotel gift cards as part of their service offerings, enhancing their appeal among visitors. The increasing adoption of bilingual digital platforms for hotel bookings and gift card purchases is making it easier for international tourists to engage with the market. As tourism and business travel continue to expand in Tijuana, hotel gift cards are expected to become an integral part of the region’s hospitality and service industry.

Shape Your Report to Specific Countries or Regions & Enjoy 30% Off!

Customize Now

Key Player Analysis

PortoBay Hotels & Resorts
Barceló Hotel Group
I Prefer Gift Cards
Renaissance Hotel
Hyatt
Airbnb
Expedia Group
Four Seasons Hotels & Resorts
Marriott International
Choice Hotels International
Wyndham Hotels & Resorts
Hilton
Company 14
Company 15
Others

Competitive Analysis

The Mexico Hotel Gift Cards market is highly competitive, with key players leveraging digital platforms, loyalty programs, and strategic partnerships to expand their market presence. Leading companies such as Marriott International, Hilton, Airbnb, Expedia Group, PortoBay Hotels & Resorts, Barceló Hotel Group, Four Seasons Hotels & Resorts, Hyatt, Choice Hotels International, and Wyndham Hotels & Resorts dominate the industry by offering diverse gift card options, seamless redemption processes, and exclusive rewards for consumers. For instance, companies like Marriott International use digital marketing to increase brand awareness and enhance customer loyalty through integrated loyalty programs and personalized experiences. These companies focus on enhancing customer engagement through flexible price ranges, promotional campaigns, and integration with mobile applications. Competition intensifies as hotel chains develop closed-loop gift cards, which encourage direct bookings and strengthen brand loyalty. Meanwhile, universal open-loop cards gain popularity for their convenience and widespread acceptance. Digital advancements, including AI-powered personalization and blockchain-secured transactions, are further reshaping the competitive landscape. With the growing demand for flexible gifting solutions, market players continue innovating to capture a larger consumer base and maintain a stronghold in Mexico’s expanding hospitality sector.

Recent Developments

In November 2024, Four Seasons Silicon Valley highlighted their gift cards as a way to give unforgettable experiences, such as exceptional stays, wellness treatments, and dining.
In October 2024, Four Seasons Hotels and Resorts promoted their gift cards as a versatile gift option, redeemable at any Four Seasons location.
In September 2024, the Marriott Bonvoy HDFC Bank Credit Card offered a limited-time INR 1,500 gift voucher for new cardholders on their first spend and enrollment.
In March 2024, Hyatt implemented hotel category adjustments that impact the number of points required for free night redemptions.

Market Concentration & Characteristics

The Mexico Hotel Gift Cards market exhibits a moderate to high market concentration, with a few dominant players, including Marriott International, Hilton, Airbnb, Expedia Group, PortoBay Hotels & Resorts, Barceló Hotel Group, Four Seasons Hotels & Resorts, Hyatt, Choice Hotels International, and Wyndham Hotels & Resorts, controlling a significant share. These companies leverage brand loyalty, strategic partnerships, and digital platforms to strengthen their presence. The market is characterized by the growing adoption of digital and contactless payment solutions, enhancing the accessibility of hotel gift cards. Additionally, businesses and consumers increasingly prefer personalized and flexible gifting options, driving demand for both closed-loop and open-loop gift cards. Price segmentation, ranging from low to premium tiers, caters to diverse consumer needs, while corporate gifting remains a key growth driver. The market continues to evolve with technological advancements, making hotel gift cards a convenient and widely accepted choice in Mexico’s hospitality industry.

Report Coverage

The research report offers an in-depth analysis based on Product Type, Price Range, Sales Channel, End User, Application and Geography. It details leading market players, providing an overview of their business, product offerings, investments, revenue streams, and key applications. Additionally, the report includes insights into the competitive environment, SWOT analysis, current market trends, as well as the primary drivers and constraints. Furthermore, it discusses various factors that have driven market expansion in recent years. The report also explores market dynamics, regulatory scenarios, and technological advancements that are shaping the industry. It assesses the impact of external factors and global economic changes on market growth. Lastly, it provides strategic recommendations for new entrants and established companies to navigate the complexities of the market.

Future Outlook

The Mexico Hotel Gift Cards market is expected to witness steady growth due to rising domestic and international tourism.
Digital transformation and contactless payment adoption will enhance the accessibility and convenience of hotel gift cards.
Leading hotel chains will expand loyalty programs and promotional offers to attract a broader consumer base.
Personalized and customizable gift card options will gain popularity among individual and corporate buyers.
The increasing adoption of mobile applications and e-gifting platforms will drive higher consumer engagement.
Partnerships between hotels and travel agencies will boost the visibility and usage of hotel gift cards.
Open-loop hotel gift cards will continue to grow in demand due to their flexibility and wide acceptance.
Corporate gifting and employee incentive programs will remain key contributors to market expansion.
Market players will focus on blockchain and AI-driven security features to enhance transaction safety.
Expansion into smaller cities and emerging travel destinations will create new growth opportunities.

CHAPTER NO. 1 : INTRODUCTION 19

1.1.1. Report Description 19

Purpose of the Report 19

USP & Key Offerings 19

1.1.2. Key Benefits for Stakeholders 19

1.1.3. Target Audience 20

1.1.4. Report Scope 20

CHAPTER NO. 2 : EXECUTIVE SUMMARY 21

2.1. Hotel Gift Cards Market Snapshot 21

2.1.1. Mexico Hotel Gift Cards Market, 2018 – 2032 (USD Million) 22

2.1. Insights from Primary Respondents 22

CHAPTER NO. 3 : GEOPOLITICAL CRISIS IMPACT ANALYSIS 23

3.1. Russia-Ukraine and Israel-Palestine War Impacts 23

CHAPTER NO. 4 : HOTEL GIFT CARDS MARKET – INDUSTRY ANALYSIS 24

4.1. Introduction 24

4.2. Market Drivers 25

4.2.1. Driving Factor 1 Analysis 25

4.2.2. Driving Factor 2 Analysis 26

4.3. Market Restraints 27

4.3.1. Restraining Factor Analysis 27

4.4. Market Opportunities 28

4.4.1. Market Opportunity Analysis 28

4.5. Porter’s Five Force analysis 29

4.6. Buying Criteria 30

CHAPTER NO. 5 : ANALYSIS COMPETITIVE LANDSCAPE 31

5.1. Company Market Share Analysis – 2023 31

5.1.1. Mexico Hotel Gift Cards Market: Company Market Share, by Revenue, 2023 31

5.1.2. Mexico Hotel Gift Cards Market: Top 6 Company Market Share, by Revenue, 2023 31

5.1.3. Mexico Hotel Gift Cards Market: Top 3 Company Market Share, by Revenue, 2023 32

5.2. Mexico Hotel Gift Cards Market Company Revenue Market Share, 2023 33

5.3. Company Assessment Metrics, 2023 34

5.3.1. Stars 34

5.3.2. Emerging Leaders 34

5.3.3. Pervasive Players 34

5.3.4. Participants 34

5.4. Start-ups /Individuals Assessment Metrics, 2023 34

5.4.1. Progressive Companies 34

5.4.2. Responsive Companies 34

5.4.3. Dynamic Companies 34

5.4.4. Starting Blocks 34

5.5. Strategic Developments 35

5.5.1. Acquisitions & Mergers 35

New Price Range Launch 35

Regional Expansion 35

5.6. Key Players Price Range Matrix 36

CHAPTER NO. 6 : PESTEL & ADJACENT MARKET ANALYSIS 37

6.1. PESTEL 37

6.1.1. Political Factors 37

6.1.2. Economic Factors 37

6.1.3. Social Factors 37

6.1.4. Technological Factors 37

6.1.5. Environmental Factors 37

6.1.6. Legal Factors 37

6.2. Adjacent Market Analysis 37

CHAPTER NO. 7 : HOTEL GIFT CARDS MARKET – BY PRODUCT TYPE SEGMENT ANALYSIS 38

7.1. Hotel Gift Cards Market Overview, by Product Type Segment 38

7.1.1. Hotel Gift Cards Market Revenue Share, By Product Type, 2023 & 2032 39

7.1.2. Hotel Gift Cards Market Attractiveness Analysis, By Product Type 40

7.1.3. Incremental Revenue Growth Opportunity, by Product Type, 2024 – 2032 40

7.1.4. Hotel Gift Cards Market Revenue, By Product Type, 2018, 2023, 2027 & 2032 41

7.2. Universal Accepted Open Loop 42

7.3. Hotel Closed Loop 43

CHAPTER NO. 8 : HOTEL GIFT CARDS MARKET – BY PRICE RANGE SEGMENT ANALYSIS 44

8.1. Hotel Gift Cards Market Overview, by Price Range Segment 44

8.1.1. Hotel Gift Cards Market Revenue Share, By Price Range, 2023 & 2032 45

8.1.2. Hotel Gift Cards Market Attractiveness Analysis, By Price Range 46

8.1.3. Incremental Revenue Growth Opportunity, by Price Range, 2024 – 2032 46

8.1.4. Hotel Gift Cards Market Revenue, By Price Range, 2018, 2023, 2027 & 2032 47

8.2. Low (0-1000 US$) 48

8.3. Medium (1000-3000 US$) 49

CHAPTER NO. 9 : HOTEL GIFT CARDS MARKET – BY SALES CHANNEL SEGMENT ANALYSIS 50

9.1. Hotel Gift Cards Market Overview, by Sales Channel Segment 50

9.1.1. Hotel Gift Cards Market Revenue Share, By Sales Channel, 2023 & 2032 51

9.1.2. Hotel Gift Cards Market Attractiveness Analysis, By Sales Channel 52

9.1.3. Incremental Revenue Growth Opportunity, by Sales Channel, 2024 – 2032 52

9.1.4. Hotel Gift Cards Market Revenue, By Sales Channel, 2018, 2023, 2027 & 2032 53

9.2. Online 54

9.3. Offline 55

CHAPTER NO. 10 : HOTEL GIFT CARDS MARKET – BY END USER SEGMENT ANALYSIS 56

10.1. Hotel Gift Cards Market Overview, by End User Segment 56

10.1.1. Hotel Gift Cards Market Revenue Share, By End User, 2023 & 2032 57

10.1.2. Hotel Gift Cards Market Attractiveness Analysis, By End User 58

10.1.3. Incremental Revenue Growth Opportunity, by End User, 2024 – 2032 58

10.1.4. Hotel Gift Cards Market Revenue, By End User, 2018, 2023, 2027 & 2032 59

10.2. Business 60

10.3. Individuals 61

CHAPTER NO. 11 : HOTEL GIFT CARDS MARKET – BY APPLICATION SEGMENT ANALYSIS 62

11.1. Hotel Gift Cards Market Overview, by Application Segment 62

11.1.1. Hotel Gift Cards Market Revenue Share, By Application, 2023 & 2032 63

11.1.2. Hotel Gift Cards Market Attractiveness Analysis, By Application 64

11.1.3. Incremental Revenue Growth Opportunity, by Application, 2024 – 2032 64

11.1.4. Hotel Gift Cards Market Revenue, By Application, 2018, 2023, 2027 & 2032 65

11.2. Holiday Packages 66

11.3. Bar & Spa Services 67

11.4. Sports Activities 68

11.5. Travel & Transportation 69

11.6. Others 70

CHAPTER NO. 12 : HOTEL GIFT CARDS MARKET – MEXICO 71

12.1. Mexico 71

12.1.1. Key Highlights 71

12.2. Product Type 72

12.3. Mexico Hotel Gift Cards Market Revenue, By Product Type, 2018 – 2023 (USD Million) 72

12.4. Mexico Hotel Gift Cards Market Revenue, By Product Type, 2024 – 2032 (USD Million) 72

12.5. Price Range 73

12.6. Mexico Hotel Gift Cards Market Revenue, By Price Range, 2018 – 2023 (USD Million) 73

12.6.1. Mexico Hotel Gift Cards Market Revenue, By Price Range, 2024 – 2032 (USD Million) 73

12.7. Sales Channel 74

12.8. Mexico Hotel Gift Cards Market Revenue, By Sales Channel, 2018 – 2023 (USD Million) 74

12.8.1. Mexico Hotel Gift Cards Market Revenue, By Sales Channel, 2024 – 2032 (USD Million) 74

12.9. End User 75

12.9.1. Mexico Hotel Gift Cards Market Revenue, By End User, 2018 – 2023 (USD Million) 75

12.9.2. Mexico Hotel Gift Cards Market Revenue, By End User, 2024 – 2032 (USD Million) 75

12.10. Application 76

12.10.1. Mexico Hotel Gift Cards Market Revenue, By Application, 2018 – 2023 (USD Million) 76

12.10.2. Mexico Hotel Gift Cards Market Revenue, By Application, 2024 – 2032 (USD Million) 76

CHAPTER NO. 13 : COMPANY PROFILES 77

13.1. PortoBay Hotels & Resorts 77

13.1.1. Company Overview 77

13.1.2. Price Range Portfolio 77

13.1.3. Swot Analysis 77

13.1.4. Business Strategy 78

13.1.5. Financial Overview 78

13.2. Barceló Hotel Group 79

13.3. I Prefer Gift Cards 79

13.4. Renaissance Hotel 79

13.5. Hyatt 79

13.6. Airbnb 79

13.7. Expedia Group 79

13.8. Four Seasons & Hotels Resorts 79

13.9. Marriot International 79

13.10. Choice Hotels International 79

13.11. Wyndham Hotels & Resorts 79

13.12. Hilton 79

13.13. Company 14 79

13.14. Company 15 79

13.15. Others 79

List of Figures

FIG NO. 1. Mexico Hotel Gift Cards Market Revenue, 2018 – 2032 (USD Million) 22

FIG NO. 2. Porter’s Five Forces Analysis for Mexico Hotel Gift Cards Market 29

FIG NO. 3. Company Share Analysis, 2023 31

FIG NO. 4. Company Share Analysis, 2023 31

FIG NO. 5. Company Share Analysis, 2023 32

FIG NO. 6. Hotel Gift Cards Market – Company Revenue Market Share, 2023 33

FIG NO. 7. Hotel Gift Cards Market Revenue Share, By Product Type, 2023 & 2032 39

FIG NO. 8. Market Attractiveness Analysis, By Product Type 40

FIG NO. 9. Incremental Revenue Growth Opportunity by Product Type, 2024 – 2032 40

FIG NO. 10. Hotel Gift Cards Market Revenue, By Product Type, 2018, 2023, 2027 & 2032 41

FIG NO. 11. Mexico Hotel Gift Cards Market for Universal Accepted Open Loop, Revenue (USD Million) 2018 – 2032 42

FIG NO. 12. Mexico Hotel Gift Cards Market for Hotel Closed Loop, Revenue (USD Million) 2018 – 2032 43

FIG NO. 13. Hotel Gift Cards Market Revenue Share, By Price Range, 2023 & 2032 45

FIG NO. 14. Market Attractiveness Analysis, By Price Range 46

FIG NO. 15. Incremental Revenue Growth Opportunity by Price Range, 2024 – 2032 46

FIG NO. 16. Hotel Gift Cards Market Revenue, By Price Range, 2018, 2023, 2027 & 2032 47

FIG NO. 17. Mexico Hotel Gift Cards Market for Low (0-1000 US$), Revenue (USD Million) 2018 – 2032 48

FIG NO. 18. Mexico Hotel Gift Cards Market for Medium (1000-3000 US$), Revenue (USD Million) 2018 – 2032 49

FIG NO. 19. Hotel Gift Cards Market Revenue Share, By Sales Channel, 2023 & 2032 51

FIG NO. 20. Market Attractiveness Analysis, By Sales Channel 52

FIG NO. 21. Incremental Revenue Growth Opportunity by Sales Channel, 2024 – 2032 52

FIG NO. 22. Hotel Gift Cards Market Revenue, By Sales Channel, 2018, 2023, 2027 & 2032 53

FIG NO. 23. Mexico Hotel Gift Cards Market for Online, Revenue (USD Million) 2018 – 2032 54

FIG NO. 24. Mexico Hotel Gift Cards Market for Offline, Revenue (USD Million) 2018 – 2032 55

FIG NO. 25. Hotel Gift Cards Market Revenue Share, By End User, 2023 & 2032 57

FIG NO. 26. Market Attractiveness Analysis, By End User 58

FIG NO. 27. Incremental Revenue Growth Opportunity by End User, 2024 – 2032 58

FIG NO. 28. Hotel Gift Cards Market Revenue, By End User, 2018, 2023, 2027 & 2032 59

FIG NO. 29. Mexico Hotel Gift Cards Market for Business, Revenue (USD Million) 2018 – 2032 60

FIG NO. 30. Mexico Hotel Gift Cards Market for Individuals, Revenue (USD Million) 2018 – 2032 61

FIG NO. 31. Hotel Gift Cards Market Revenue Share, By Application, 2023 & 2032 63

FIG NO. 32. Market Attractiveness Analysis, By Application 64

FIG NO. 33. Incremental Revenue Growth Opportunity by Application, 2024 – 2032 64

FIG NO. 34. Hotel Gift Cards Market Revenue, By Application, 2018, 2023, 2027 & 2032 65

FIG NO. 35. Mexico Hotel Gift Cards Market for Holiday Packages, Revenue (USD Million) 2018 – 2032 66

FIG NO. 36. Mexico Hotel Gift Cards Market for Bar & Spa Services, Revenue (USD Million) 2018 – 2032 67

FIG NO. 37. Mexico Hotel Gift Cards Market for Sports Activities, Revenue (USD Million) 2018 – 2032 68

FIG NO. 38. Mexico Hotel Gift Cards Market for Travel & Transportation, Revenue (USD Million) 2018 – 2032 69

FIG NO. 39. Mexico Hotel Gift Cards Market for Others, Revenue (USD Million) 2018 – 2032 70

FIG NO. 40. Mexico Hotel Gift Cards Market Revenue, 2018 – 2032 (USD Million) 71

List of Tables

TABLE NO. 1. : Mexico Hotel Gift Cards Market: Snapshot 21

TABLE NO. 2. : Drivers for the Hotel Gift Cards Market: Impact Analysis 25

TABLE NO. 3. : Restraints for the Hotel Gift Cards Market: Impact Analysis 27

TABLE NO. 4. : Mexico Hotel Gift Cards Market Revenue, By Product Type, 2018 – 2023 (USD Million) 72

TABLE NO. 5. : Mexico Hotel Gift Cards Market Revenue, By Product Type, 2024 – 2032 (USD Million) 72

TABLE NO. 6. : Mexico Hotel Gift Cards Market Revenue, By Price Range, 2018 – 2023 (USD Million) 73

TABLE NO. 7. : Mexico Hotel Gift Cards Market Revenue, By Price Range, 2024 – 2032 (USD Million) 73

TABLE NO. 8. : Mexico Hotel Gift Cards Market Revenue, By Sales Channel, 2018 – 2023 (USD Million) 74

TABLE NO. 9. : Mexico Hotel Gift Cards Market Revenue, By Sales Channel, 2024 – 2032 (USD Million) 74

TABLE NO. 10. : Mexico Hotel Gift Cards Market Revenue, By End User, 2018 – 2023 (USD Million) 75

TABLE NO. 11. : Mexico Hotel Gift Cards Market Revenue, By End User, 2024 – 2032 (USD Million) 75

TABLE NO. 12. : Mexico Hotel Gift Cards Market Revenue, By Application, 2018 – 2023 (USD Million) 76

TABLE NO. 13. : Mexico Hotel Gift Cards Market Revenue, By Application, 2024 – 2032 (USD Million) 76

Frequently Asked Questions

What is the current size of the Mexico Hotel Gift Cards market?

The Mexico Hotel Gift Cards market was valued at USD 1,535.69 million in 2023 and is projected to reach USD 4,058.01 million by 2032, growing at a CAGR of 11.4% during the forecast period (2023-2032).

What factors are driving the growth of the Mexico Hotel Gift Cards market?

The market growth is driven by rising tourism, increasing digital payment adoption, growing corporate gifting trends, and the shift towards experience-based gifting. Additionally, strategic partnerships between hotels, financial service providers, and travel agencies are expanding market reach.

What are the key segments within the Mexico Hotel Gift Cards market?

The market is segmented by product type (Universal Accepted Open Loop and Hotel Closed Loop), price range (Low (0-1000 USD) and Medium (1000-3000 USD)), sales channel (Online and Offline), end user (Business and Individuals), and application (Holiday Packages, Bar & Spa Services, Sports Activities, Travel & Transportation, and Others).

Who are the major players in the Mexico Hotel Gift Cards market?

Key players include Marriott International, Hilton, Airbnb, Expedia Group, PortoBay Hotels & Resorts, Barceló Hotel Group, Four Seasons Hotels & Resorts, Hyatt, Choice Hotels International, Wyndham Hotels & Resorts, and I Prefer Gift Cards.

Purchase Options

Single User

$2699

Multi User

$3699

Custom Report

$5699

Let us help you

MIKE, North America

+1 304 308 1216

KEITH PHILLIPS, Europe

+44 7809 866 263

EMAIL US

Request Sample

Report delivery within 24 to 48 hours

– Other Info –

–What people say?-

I am very impressed with the information in this report. The author clearly did their research when they came up with this product and it has already given me a lot of ideas.

Jana Schmidt
CEDAR CX Technologies

– Connect with us –