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Ibis Tijuana Zona Río Hotel – Image Credit Accor
CBRE Hotels is soliciting offers to acquire the fee-simple interest in the Ibis Tijuana Zona Rio, Baja California. The property is located on Blvd. General Rodolfo Sánchez Taboada, offering easy access to key attractions such as Plaza Río Tijuana, Mercado Hidalgo, and the Centro Cultural Tijuana. Its prime location near Avenida Revolución, the Tijuana International Airport, and Hospital Ángeles Tijuana ensures the hotel attracts a diverse mix of business and leisure travelers.
Investment Highlights
- Institutionally-Owned
- Market Leading Asset
- Robust Operating Performance
- Diverse Demmand Drivers
- Prime Location
- Thriving Economic Landscape
Market Fundamentals
- Tijuana recorded 65.5% occupancy as of October 2024, a figure that exceeds occupancy for the same period in 2019 (54.7%).
- From January to October 2024, Tijuana recorded 1,226,285 tourist arrivals to hotel rooms, 21% higher than the same period in 2019, with an 19% increase in domestic tourists and 25% increase in international tourists.
- The average stay closed October 2024 at 1.5 days vs. 1.2 days in October 2019.
For inquiries visit CBRE.