Caribbean Hotels Continue Growth, with Key Indicators Rising
It’s been a solid start to the year so for the Caribbean hotel industry, with all of the region’s key indicators showing growth in 2025.
That includes a 2.7 percent increase in hotel occupancy last month, with regional hotels filled to the tune of 77.9 percent in February.
Hotel revenues also rose by 4.4 percent last month to $313.73 per room, while average daily rates went up 1.7 percent to $407.71, according to data provided to Caribbean Journal by hotel analytics firm STR.
The strong numbers continue a trend that seemed to begin in the middle of December, when demand region-wide saw a broad uptick for the holiday season, one that hasn’t yet abated.
Overall, occupancy is 75.3 percent so far in 2025, a 2.5 percent jump over the first two months of 2024.
STR’s data covered 2,141 hotel properties comprising more than 285,000 rooms across the wider Caribbean region.
The numbers also align with what we’ve been hearing on the ground from most destinations and hoteliers in the Caribbean, who report strong demand and high occupancy.
Here’s hoping that continues.
