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CANCÚN, Mexico—Since this once-sleepy stretch of Mexico’s Caribbean coast began its transformation into a glitzy resort group 50 years previously, it has thrived by attracting tens of hundreds of thousands of vacationers all through its summer season and winter seasons.
These days, nonetheless, there are prolonged stretches of deserted seaside. Hotel occupancy has fallen beneath 30%. Shopping malls are empty. And the tourism commerce that helped pull Cancún and its people out of poverty and put them on a further prosperous path is struggling.
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