Hotel Occupancy
News

Caribbean Hotel Occupancy Rebounds

By: Caribbean Journal Staff - April 20, 2017

After months of hotel occupancy decline in the Caribbean, there are signs of life, according to the latest data from hotel analytics firm STR.

The Caribbean showed a 1.6 percent year-over-year increase in hotel occupancy in March, the first month of positive growth since September of last year and just the second positive month since September 2015.

But that came with a 4.7 percent decline in average daily rate to $250.29, and a 3.2 percent year-over-year decline in revenue per available room, suggesting the gains may have come through discounting.

For the year, hotel occupancy in the Caribbean is down 0.7 percent to 73.8 percent, while average daily rates are down 2.7 percent to $244.88 and RevPar is down 3.4 percent to $180.65.

STR’s data surveyed 1,935 hotels comprising 242,351 rooms in the Caribbean.

— 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 […]


From Belize to Grenada, 10 Little Caribbean Beach Resorts to Visit Right Now 

karibuni

There are different resorts for different vacations, different tastes, different moods. For some, there’s something delicious about a pint-sized, tiny Caribbean resort, where the emphasis is on the intimate, the serene. Where the soundtrack isn’t a piped-in DJ set, but […]


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 […]


Related Posts saint lucia cruise port

The Saint Lucia Cruise Port Has a New Operator 

The world’s largest cruise port operator has officially taken over management at Saint Lucia’s Port Castries, Caribbean Journal has confirmed.  Global Ports Holding, which has a growing portfolio of ports across the Caribbean from Nassau to Antigua, is now running […]


In Jamaica, the Travel Boom Continues 

ian fleming villa with beach and green trees

A tourism renaissance that began largely in the summer of 2021 in Jamaica is showing no signs of abating. That’s what the latest numbers show about the high-profile Caribbean destination.  So faro this year, Jamaica has welcomed 1.7 million visitors, […]


The Dominican Republic's Top Tennis Tournament Is Back 

casa de campo tennis

It’s the most legendary tennis tournament in the Caribbean: the long-running International Tennis Tournament at the Dominican Republic’s Casa de Campo resort.  This year will be the 44th annual edition of the event, which runs from June 27 to June […]


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