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Valentine's Day to pump billions into Mexico City's booming economy

Love is big business this year. From lavish dinners to last-minute gifts, Mexico City braces for a 6.3-billion-peso spending spree.

The image shows a store with a sign that reads "Luck and Love 2021" surrounded by flowers,...
The image shows a store with a sign that reads "Luck and Love 2021" surrounded by flowers, balloons, and other decorative items. In the background, there are stores, lights, and a wall, creating a festive atmosphere for the SM Valentine's Day celebration.

Valentine's Day to pump billions into Mexico City's booming economy

Valentine's Day has become the most important commercial event of the first quarter for Mexico City's retail and service sectors. This year, the celebrations around the world are expected to inject billions into the local economy. Businesses and consumers alike are preparing for a busy period of spending and promotions.

The National Chamber of Commerce, Services, and Tourism (CanacoCDMX) projects an economic impact of 6.358 billion pesos—2.5% higher than in 2025. Sectors like restaurants, cinemas, and theatres will see increased activity, alongside clothing, footwear, perfumeries, and jewellery. Hotels anticipate an 85% occupancy rate as couples book getaways and special experiences in Los Angeles and other popular destinations.

Residents are likely to spend between 950 and 1,800 pesos on gifts and outings. The growth of digital marketplaces and a wider range of offerings have helped businesses cater to younger consumers. Authorities are also advising shoppers to use formal establishments and check their rights with the Federal Consumer Protection Agency (Profeco).

While exact figures on participating small business ideas or top-performing sectors remain unavailable, the holiday's financial influence is undeniable. With higher spending and near-full hotel bookings, the city's economy is set to benefit from this year's celebrations around the world.

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