Revenue and Salaries on the Up and Up
Thanks to Spring Break, Holy and Easter weeks, hotel occupancy in Los Cabos ended up at an average of 43 percent during the month of March. And we broke our own record, by having the highest average room rate in the country, now set at $400 USD a night, up from $350 last year. In addition, the Social Security system reported the creation of 2,345 new employments and an increase in salaries, which in March was 10,331 pesos per month, or about $513 USD per person. This average salary places our state employees among the top 5 best paid in the country. Sigh. Well, add up the tips, and it comes to a decent income by Mexico standards.