finance
Gringo Gazette
2026-08-11
Los Cabos Restaurants Face Tough Times with 35% Sales Drop and 28 Closures
Local eateries in Los Cabos are struggling through a harsh low season, reporting sales declines of up to 35 percent and at least 28 permanent closures. Rising operating costs, dollar-denominated rents, and weak demand are heavily squeezing micro and small restaurant owners.