dominican republic cuba caribbean
News

Dominican Republic, Cuba Leading Caribbean Hotel Boom

By: Alexander Britell - February 19, 2020

Sometimes it seems as if there’s a new hotel project launching in the Caribbean every week. 

And that’s because the Caribbean continues to see rapid growth in hotel development, led by the region’s traditional trio of high-volume travel destinations.  

The Caribbean’s hotel boom keeps going strong, with the Dominican Republic and Cuba leading the way, according to a new report. 

Hotel analytics leader STR says there are more than 31,787 rooms in construction in the Caribbean-Mexico, with the Dominican Republic, Cuba and Jamaica leading the way within the Caribbean. (It should be noted that these totals include rooms actually under construction, not those in the planning stages).

The Dominican Republic has a total of 6,356 rooms under construction across the country — about 8.4 percent of the destination’s existing supply. 

That’s no surprise for keen followers of the region’s hotel industry, with the Dominican Republic’s longtime focus on attracting new hotel investors continuing to pay off — with its primarily all-inclusive model still a highly attractive draw for developers.

Cuba is next with 1,616 rooms under construction, or about 2.5 percent of its current supply, while Jamaica has 1,425 rooms in construction, representing 5.6 percent of the country’s existing hotel stock. 

Of course, each of those destinations’ totals is dwarfed by Mexico, which has 16,699 hotel rooms in construction, STR said. 

Upper-tier hotels are leading the way, according to STR, with the “upscale” hotel segment accounting for 7,048 rooms in the regional construction pipeline. 

That’s followed by the luxury segment, which has 6,958 rooms in construction in the wider region, along with 6,606 rooms in construction in the “upper upscale” segment. 

The hotel construction growth in the Caribbean continues to be a positive sign for the region and its continued ability to attract investment. 

It will also mean a renewed focus on strong marketing efforts and ensuring that the region continues to secure new airlift to bring seats for all those new rooms.

— CJ

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 grenada resort with pool inside room

This Grenada Resort Has a New Executive Chef 

If you know Grenada, you know Calabash, the luxury boutique hotel that’s always set a standard for culinary excellence on the island.  The beachfront resort is now upping its game again, with the recent appointment of a new executive chef, […]


For the First Time, JetBlue Is Adding Mint Service to Puerto Rico 

jetblue puerto rico lie-flat seats

For some of JetBlue’s longer flights to the Caribbean — think New York to Aruba, for example — the carrier has been offering its premium Mint cabin service for years.  One destination, however, has never had it: Puerto Rico, despite being […]


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 […]


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