caribbean hotel records
News

Caribbean Hotel Occupancy Declines Again

By: Caribbean Journal Staff - December 21, 2016

Caribbean hotel occupancy continues to fall in 2016, according to the latest report from data and analytics specialist STR.

Regional hotel occupancy fell 2.8 percent in November compared to the same month in 2015, with occupancy for the year now down 2.2 percent to 66.9 percent.

Hotel occupancy has seen year-over-year monthly declines in 10 of 11 months this year.

Average daily rates dropped by 2.7 percent in November to $168.66, while Revenue per available room, RevPar, fell 5.5 percent to $109.52.

It’s been a challenging year for the region’s hotels, from the Zika issue to increased competition from home booking sites like Airbnb and HomeAway and rising travel to Cuba.

STR’s data surveyed 1,927 hotels comprising 241,014 rooms in the wider Caribbean region (not including Cuba).

— Caribbean Journal Staff

Popular Posts cape santa maria

From Anguilla to Aruba, the Best Caribbean Beaches to Visit This Summer

Forget the Hamptons, forget Santorini. And Florida? There’s a reason snowbirds go home in the summer. If you’re looking for a summertime beach getaway, the Caribbean is it. The water is deliciously warm, the trade winds keep you cool and […]


The Winners of the 2024 Caribbean Green Awards 

caribbean green

With almost 20,000 votes, the winners of the Caribbean Green Awards 2024 Presented by E-Finity have been crowned.  From state-of-the-art marine conservation projects to hotels that are redefining sustainability, the Green movement has never been stronger in the Caribbean.  “This […]


Curacao’s Newest All-Inclusive Resort Reinvents the Beach Bungalow

beach bungalow on the sand with reflection of water

Hyatt’s Dreams brand first debuted on the Dutch Caribbean island of Curacao back in 2019, a transformation of what had been the Hilton Curacao. In many ways, Dreams’ debut helped change the game for the island, helping to kick off […]


Related Posts stage with performers

Mary J. Blige Just Joined the Lineup for the St Kitts Music Festival 

Grammy-winning superstar Mary J. Blige has joined the lineup for the upcoming St Kitts Music Festival.  The “Family Affair” singer will add serious star power to a slate of stars that already includes Rick Ross, Small Axe Band, Freddie Jackson, […]


Caribbean Airlines Is Adding a New Island: Puerto Rico   

the beach at the caribe hilton

The intra-regional airline market in the Caribbean is starting to heat up, and the focus is clearly on San Juan, Puerto Rico as more and more carriers set their sights on the city. Fresh off Frontier Airlines’ major expansion out […]


Hilton Has a New Hotel in Puerto Rico 

hotel condado

Hilton has quietly opened a new hotel in Puerto Rico, Caribbean Journal has learned.  The company has debuted a new Hilton Garden Inn in San Juan’s vibrant Condado district.  The hotel, which has a total of 240 rooms, is set […]


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