Generation Y or the Millennials are persons born in the 1980s and 1999. They are estimated to be 70 million strong. Age is typically 20 years old to 38 years. **Millennials are individualistic, innovative, creative, revel in diversity, multi-taskers, and go by their own rules. M´s rely on their intuitive sense to understand technology from the environment in which they have grown up. They can bring a more creative and innovative approach to solving problems than previous generations.
A weaker peso will attract more visitors this winter. They are enjoying our temperate weather and lower prices for food and lodging. The increased ¨snow bird¨ population is putting pressure on restaurants and hotels to hire more staff. With more than 500 new condos being sold and completed, the question of continued demand is still on the table. So far, the pre-construction sales reported are encouraging. If the peso continues to be 20 to the US dollar, we can experience more rental demand.