caribbean hotel records
News

Are Caribbean Hotels Set for a Turnaround?

By: Caribbean Journal Staff - March 23, 2017

It’s no secret that Caribbean hotels struggled last year, due to a number of factors from the growth of Cuba to the threat of Zika.

Indeed, hotel occupancy in the region fell by 2.2 percent last year, with negative growth in hotel occupancy in every month but September.

That trend has continued into 2017, with a 2.4 percent year-over-year decline in hotel occupancy last month and a 0.9 percent decline last month, according to data from STR, a data and analytics specialist.

But the latter number could herald improvement — that was actually the smallest monthly decline since last August.

And average daily rates and revenue per available rooms also saw their smallest declines since August, meaning either the decline is slowing or the trend is actually reversing.

Here’s hoping it’s the latter.

— Alexander Britell

Popular Posts the sexiest beaches including this resort at atlantis

The Sexiest Beaches in the Caribbean to Visit Right Now 

One is a beach with a nightclub-style pool right next door. Another is filled with beach bars — and even has its own au natural corner. Then there’s a beach that’s practically a nonstop party.  There are so many things that […]


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 […]


A Low-Key, Lovely Adults-Only Beach Resort in Aruba

aruba beach resort adults-only

When Aruba’s Bucuti & Tara Beach Resort opened in 1987, it made sense for the hotel’s restaurant to be built in the shape of a boat shipwrecked on the sand: while Eagle Beach didn’t exactly resemble a desert island back […]


Related Posts carambola resort with green hills and blue water

US Virgin Islands Tourism IS Off to a Strong Start in 2024

US Virgin Islands tourism is off to a very strong start this year, according to data provided by the Caribbean Hotel and Tourism Association.  Overseas arrivals in the USVI were up 21 percent in the first quarter of 2024, as […]


How Divi Resorts Works With Travel Agents 

divi resorts

Divi Resorts has a growing portfolio of resorts in the Caribbean, from its popular adults-only resort in St Croix to the new Oceans brand in both St Croix and St Maarten.  The company also has a robust relationship with travel […]


The Best Travel Agent Incentives in the Caribbean Right Now 

sandals all-inclusive resort

In an effort to motivate its advisor partners, many top-notch Caribbean hotels are offering special perks for travel specialists who show initiative through bookings. “Incentives are not only great to earn, but once you use them, it helps in business growth,” said Dilworth […]


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