Concerns about violence have sent vacation property values tumbling. Ana Laura Acevedo of RCI and David Fuentes of a major consulting firm told an audience at the Luxury Markets Symposium that prices have fallen by an average of 20 percent and are not expected to recover lost ground for at least another five years. The symposium took place at the St. Regis, newest luxury hotel in Mexico City.
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Jimm Budd
Reporting from Mexico City
Member of the Society of American Travel Writers
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