Markets

Dominican Republic Led Caribbean Hotel Growth in 2012: Report

By: Caribbean Journal Staff - January 22, 2013 - 10:20 am

Above: the Ritz-Carlton Reserve Dorado Beach

By Alexander Britell

PARADISE ISLAND – The Dominican Republic added 224 new rooms in 2012, the largest total of any country in the Caribbean last year, according to data from STR.

Puerto Rico was second with 130 new rooms, adding stock to an industry that is showing improvement across the board.

As of December, there were 50 new hotel projects in the Caribbean, representing 9,500 rooms in the region’s total active pipeline, according to STR.

A large majority of those rooms are part of the nearly 2,200-unit Baha Mar project, which is slated for completion in December 2014.

As Caribbean Journal reported last month, Caribbean hotel occupancy rose 7 percent in November; according to STR, occupancy rose to 66.4 percent.

Right now, there are 1,884 properties, 222,000 rooms.

STR’s data samples 25 percent of those rooms.

Popular Posts st kitts fortress

The Caribbean’s Hottest New Restaurant Is at a Centuries-Old Fortress in St Kitts

It’s one of the most stunning locations in the Caribbean: Brimstone Hill, the towering fortress in the mountains of St Kitts, a centuries-old UNESCO World Heritage Site.  And now it’s the home of the hottest new restaurant in the Caribbean.  […]


Jamaica Just Got an Upgraded US Travel Advisory: “A Great Step Forward” 

seven mile beach white sand

Last year’s US Travel Advisory led to a slowdown in tourist arrivals to Jamaica. But in what’s hoped to be a major shift, the US State Department just upgraded Jamaica’s rating.  Jamaica’s travel advisory has improved from Level 3 to […]


One of the Best Beaches in The Bahamas Comes With a World-Famous Blue Hole

the beach at dean's blue hole in the bahamas

It doesn’t look real at first. You step out from the pines and palms onto a curve of soft, white sand, and there it is—this perfect, impossible circle in the sea. A portal. The blue gets darker the longer you […]


Related Posts blue water in bimini

The Bahamas Is Making a Big Sustainability Push

From coral farms to carbon credits, The Bahamas is reshaping its tourism future by placing environmental sustainability at the center of its national agenda. With 700 islands and cays spanning more than 100,000 square miles of ocean, the archipelago has […]


Ennismore Is Planning Its First Branded Hotels in Jamaica

a beach in negril

Global hospitality company Ennismore is making its debut in Jamaica. In partnership with LCH Development Limited, Ennismore will introduce two of its brands across three new buildings in a large-scale project that includes both residential and hotel components. Two of […]


The Caribbean’s Newest Adults-Only Hotel Is a Curacao Boutique With an Ocean-View Pool, Bali Beds and Custom Art in Every Room 

adults-only caribbean hotel curacao

An oceanfront infinity pool. Bali beds. A world-renowned design studio. Art all over the place. It’s the newest adults-only hotel in the Caribbean, and it just opened its doors in one of the buzziest destinations in the hemisphere right now: […]