News

Caribbean Hotel Occupancy Rises For Fifth Straight Month

By: Caribbean Journal Staff - October 22, 2014

Above: the British Virgin Islands (CJ Photo)

By the Caribbean Journal staff

After a sluggish start to the year, the Caribbean hotel sector has rebounded of late, with hotel occupancy rising for the fifth consecutive month in October.

The region’s hotel occupancy was 51.2 percent in the typically slow month of September, but that represented a 2.1 percent increase over the same period in 2013, according to the monthly report from hotel analytics firm STR.

It could be a telling statistic for a usually sluggish month; indeed, in September 2013, hotel occupancy actually fell by 0.8 percent over the same period in the previous year.

For the year, hotel occupancy in the region stood at 69 percent for the end of September, up 0.7 percent over the first nine months of 2013.

In September, the average daily rate rose 4 percent to $131.93 and revenue per available room, or RevPAR, rose by 4 percent to $67.53.

STR’s data surveyed 1,861 properties comprising 222,582 rooms.

Popular Posts

The 10 Best Overwater Bungalows in the Caribbean, From Aruba to Belize

Overwater villas at Caribbean resorts aren’t just a novelty — they’re also among the most luxurious and beautiful accommodations you can stay in. And while all of the bungalows perched above the waves have their charms, some stand out among […]


The 10 Best Luxury All-Inclusive Resorts in the Caribbean, From Antigua to Jamaica

all-inclusive hammock cove

All-inclusive resorts are more popular than ever, particularly in the Caribbean. The all-inclusive concept just keeps winning over travelers, who have been drawn to the ease, comfort and convenience of the concept. But the biggest thing within the space isn’t […]


The Bahamas’ Atlantis Paradise Island Just Completed a $150M Renovation

walking on the beach in nassau

A new eatery by Michelin-star Chef Michael White. A new-look casino. State-of-the-art guest rooms and the Caribbean’s first Shake Shack.  The Bahamas’ Atlantis Paradise Island resort has officially completed a $150 million resort-wide renovation, a significant project that included a […]


Related Posts baha mar

The Baha Mar Is Partnering With Goop on a Wellness Weekend 

We’ve called it the resort that has “everything for everyone,” and now Nassau’s’ Baha Mar Resort is adding, well, something more.  Thanks to a partnership with Gwyneth Paltrow’s Goop brand, the megaresort is launching its first-ever “wellness weekend,” running from […]


American Airlines' New Daily Nonstop Flights to Nassau, The Bahamas

sandals royal bahamian pools

World-class chefs, magnificent resorts, pristine beaches and dynamic art galleries. Whether you’re looking for a classic sand-filled vacation, a foodie getaway, a golf week or a culture trip, Nassau Paradise Island has it all.  In the last few years, it’s […]


Marriott’s New St Regis Cap Cana Is Planning a 2025 Debut 

st regis cap cana

The highly-anticipated new St Regis Cap Cana residential resort is opening its doors in 2025, Caribbean Journal has learned.  Marriott’s newest ultra-luxe Caribbean property is targeting a first or second quarter 2025 opening, a spokesperson for the property confirmed to […]


SUBSCRIBE!

Sign up for Caribbean Journal's free newsletter for a daily dose of beaches, hotels, rum and the best Caribbean travel information on the net.


No. Thank You