It’s the most famous view in Martinique: a sweeping volcanic-sand beach fringed by coconut palms, and rising from the sea just offshore, the sheer volcanic silhouette of Diamond Rock. And right now, you can wake up on that beach for $177 per night. That’s the current starting rate at Diamant Les Bains, the beachfront residence hotel […]
By Joe Pike, Special Contributor Lucien Echavarria, Northeast director of the Dominican Republic Ministry of Tourism, is both optimistic and cautious when predicting just how and when her country’s hotels will reopen to the world following the coronavirus. Echavarria, who spent most of her career involved in the hotel business, said she doesn’t expect there […]
Hotel analytics firm STR has released the latest numbers for the Caribbean hotel industry in March, and they’re about what you would expect. Hotel occupancy in the Caribbean declined by 48.9 percent in March to 39.4 percent, while average daily rates declined by 5.1 percent to $261.53. Revenue per available room saw a 51.5 percent […]
By Joe Pike, Special Contributor More than 130 hotel projects have been delayed in the Caribbean due to the ongoing coronavirus (COVID-19) pandemic, said Frank Comito, CEO and director general of the Caribbean Hotel and Tourism Association (CHTA). Comito, who attributed all statistics to STR, told Caribbean Journal Invest that of the total 133 stalled […]
