Particle.news
Download on the App Store

Concanaco Estimates New Year’s Dinner Spending at 136 Billion Pesos at Home, 50 Billion in Hotels and Restaurants

Rising food costs sharpen household budgeting as demand for holiday dining remains strong.

Overview

  • Concanaco projects up to 136 billion pesos in economic spillover from in‑home celebrations, based on average outlays of about 4,000 pesos per household or 1,000 per person.
  • For celebrations in hotels or restaurants, the chamber estimates roughly 50 billion pesos in spending, with per‑person checks typically ranging from 2,000 to 5,000 pesos.
  • The estimates rest on about 34.1 million households in Mexico with roughly 85% celebrating at home, and Concanaco stresses the two scenarios describe separate behaviors and should not be combined.
  • ANPEC reports holiday dinner costs rose about 17% versus 2024, with shoppers and vendors citing higher prices for meats and traditional items such as grapes.
  • On-the-ground reports show sold‑out New Year’s packages in Mexico City’s Centro Histórico at premium hotel rates, mid‑range restaurant menus priced around 580–690 pesos per person, and Tijuana families spending up to 5,000 pesos while using planning and cost‑sharing to manage budgets.