caribbean hotel records

Caribbean Hotels Pick Up Momentum

By: Caribbean Journal Staff - July 20, 2017

The Caribbean hotel industry seems to be picking up momentum, according to the latest data from hotel analytics firm STR.

Caribbean hotel occupancy was 66.7 percent in the month of June, a 3.1 percent increase over July 2016 that was the highest year-over-year improvement in occupancy in the Caribbean since September 2016.

Average daily rates grew by 2.9 percent to $184.86 in the period, while revenue per available room rose 6.1 percent to $123.28.

For the year, Caribbean hotel occupancy is at 70.8 percent, up 0.3 percent compared to the first half of 2016, while average daily rates are at $221.38, a 0.2 percent increase.

RevPar is up 0.6 percent to $156.74 for the year.

STR’s data surveyed 1,936 hotels comprising 244,503 rooms in the wider Caribbean region.

– Caribbean Journal staff

Popular Posts

A.R. Carnegie, 74, Caribbean Legal Legend

A Caribbean Journal Editorial He was never a judge, never a Queen’s Counsel. His robes were never silk. But A. Ralph Carnegie was a Caribbean John Marshall if there ever was one. Ralph Carnegie, A.R. in scholarly texts, passed away […]

Robinson: Manatt Approached Government

Lackston Robinson, Jamaica’s Deputy Solicitor General, testified that it was the law firm Manatt, Phelps and Phillips, and not the Jamaican Government/Jamaica Labour Party, that made the first move to solicit a contract to lobby the White House, he told […]

IMF Back in Antigua on Performance Review

The International Monetary Fund has sent a team to Antigua for a third review of the nation’s performance on a stand-by arrangement with the IMF. According to the Ministry of Finance, the IMF team began the review Monday and will […]

Related Posts adults-only all-inclusive caribbean

The 20 Best Adults-Only All-Inclusive Caribbean Resorts to Visit Now

It’s fall, the kids are back in school. Travel is calmer and it’s time for the perfect relaxing Caribbean getaway. If you’ve been paying attention, adults-only resorts, particularly those of the all-inclusive variety, are hotter than ever in the Caribbean, […]

How to Save on a Grand Bahama Vacation This Winter  

viva wyndham

It’s The Bahamas’ eco paradise: Grand Bahama, home to resplendent natural beauty, laid-back beach vibes and endless adventure.  Now it’s easier than ever to visit the island, thanks to new “hot deals” from a host of Grand Bahama hotels this […]

250-Acre Eleuthera Parcel Lists for $50 Million 

unicorn cay beachfront

A 250-acre parcel of land on the island of Eleuthera has hit the market for $50 million.  Suzette Darville of Corcoran CA Christie has the listing on the property, which is called Unicorn Cay and set in southern Eleuthera.  The […]


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