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With Winter Ahead, a Sunny Outlook for Caribbean Hotels
Summer’s over, kids are back in school and travel starts to cool down with the weather. But even in the year’s customary nadir, the Caribbean still showed strong improvement last month, according to new data from hotel analytics firm STR. […]
The Tourism Renaissance Continues in Curacao
It largely began in the summer of 2022, when Sandals Resorts International opened its first-ever Dutch Caribbean resort in Curacao, and everything seemed to change. Almost immediately, the “Sandals Effect” led to record-breaking tourism numbers on the island, particularly from […]
The Caribbean Hotel Industry Is Performing Well
Caribbean hotel occupancy continues to improve even with changing travel fundamentals globally, according to new data from analytics firm STR. It’s part of what has been very strong hotel industry performance in the Caribbean in 2023. Hotel occupancy in the […]
Travel Agent Incentives: The Landings Resort and Spa, Saint Lucia
The Landings Resort & Spa, St. Lucia offers a slew of perks for advisors who book the five-star resort. Here are the best. The Landings provides its travel industry partners with its Travel Industry Rate, which is bookable through its […]
Caribbean Hotel Occupancy Levels Are Surging
Hotel occupancy is surging in the Caribbean right now, according to a new report from hotel analytics firm STR. The data show that the region’s tourism renaissance continues in earnest, with sizzling growth compared to the same period last year. […]
The Caribbean Vacation Is Back in a Big Way
It began when the Caribbean was the first global destination to see any of its destinations reopen for tourism at the peak of the pandemic. Quickly, travelers around the world were drawn to the Caribbean, for the region’s outstanding health-protocol […]
Another Positive Month for Curacao Tourism
It was another positive month in what has been a very strong summer for tourism in Curacao. The month of July saw hotel occupancy of 73.7 percent, a 9 percentage-point jump compared to July 2019, before the pandemic, according to […]
Curacao Hotels Are Starting to Top Pre-Pandemic Levels
Hotels in Curacao are starting to outperform their pre-pandemic occupancy levels, according to new data from the Curacao Hotel and Tourism Association. Last month, the island’s large hotels had occupancy of 66.4 percent, a 2.3 percent increase over the same […]
$61 Million Refinancing for Ritz-Carlton Reserve in Puerto Rico
Knighthead Funding has provided a $61 million first mortgage loan secured by Dorado Beach, a Ritz-Carlton Reserve in Puerto Rico. To access this content, subscribe now. Caribbean Journal Invest is the leading authority on hotel, real estate and investment news […]
US Virgin Islands Reporting Strong Tourism Performance
The US Virgin Islands is reporting “strong” tourism numbers amid the pandemic, significantly outperforming much of the rest of the Caribbean. In an environment that has seen deep declines in tourism arrival numbers, the USVI has weathered the pandemic storm […]
What the Latest Caribbean Hotel Occupancy Numbers Say
Low hotel occupancy in the Caribbean is not exactly a surprise right now — but the numbers are slowly climbing upward as the region continues to reopen, according to the latest data from hotel analytics firm STR. To access this […]
STR: Caribbean Occupancy Down 48.9 Percent in March
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 […]
Sluggish Start for Caribbean Hotel Industry in 2020
It was a sluggish start for the Caribbean’s hotel industry in January, according to new data from hotel benchmarking firm STR. The region’s hotel occupancy was 66.5 percent in January, which represented a 3.7 percent decline compared to the same […]
Saint Lucia Just Reached a New Tourism Milestone
One of the Caribbean’s fastest-growing destinations just reached another tourism milestone. The island of Saint Lucia reported a total of 423,736 stayover visitors in 2019, the highest total in the history of the destination — just in time for Saint Lucia’s […]
A Slow Month for Caribbean Hotels
October was a particularly slow month for Caribbean hotels, according to the latest hotel report from analytics firm STR. While October is typically the slowest month of the year for the region, occupancy was lower compared to October 2018. The […]
Caribbean Hotel Occupancy Continues Decline
By the Caribbean Journal staff Caribbean hotel occupancy continued to decline in August, according to the newest data report from hotel analytics firm STR. The region’s hotel occupancy was 62.5 percent in August, a 5.6 percent decline compared to the […]
Caribbean Hotel Occupancy Continues Decline
By the Caribbean Journal staff Caribbean hotel occupancy declined for the fourth straight month in July, according to new data from hotel analytics firm STR. The region’s hotels reported 64.7 percent occupancy, a 6.5 percent decline compared to the same […]
Sluggish Second Quarter for Mexico Hotel Industry
By the Caribbean Journal staff It was a sluggish second quarter for Mexico’s hotel industry, according to a new report from analytics firm STR. The country’s hotel occupancy was down 3.1 percent year over year to 61.8 percent last month, […]
Caribbean Hotel Occupancy Sees Sharp Decline
By the Caribbean Journal staff Caribbean hotel occupancy declined sharply in June, according to the latest numbers from hotel analytics firm STR. The region’s hotels reported occupancy of 61.1 percent last month, a 6.7 percent decline that was the largest […]
Caribbean Hotel Occupancy Slides
By the Caribbean Journal staff Caribbean hotel occupancy declined for the second straight month in May, albeit at slower pace than the previous month, according to new data from hotel analytics firm STR. Caribbean hotel occupancy was 63.3 percent last […]
A Sluggish Month for Caribbean Hotels
By the Caribbean Journal staff The Caribbean’s hotel sector slowed down dramatically last month after a solid first quarter, according to new data from analytics firm STR. The region’s hotel occupancy was 69.8 percent in April, a 4.1 percent decline […]
Another Month of Growth for Caribbean Hotels
By the Caribbean Journal staff It’s shaping up to be a good year for the Caribbean hotel industry, thanks to its strongest run of occupancy and revenue growth in years. Caribbean hotel occupancy was up 1.1 percent in March to […]
Caribbean Hotels Gaining Momentum
By the Caribbean Journal staff After a year of struggle in 2018, the Caribbean’s hotel industry is seeing continued momentum in 2019, according to the latest data fro analytics firm STR. The region’s hotel occupancy was 74.4 percent in February, […]
Caribbean Hotel Occupancy Flat to Start 2019
By the Caribbean Journal staff Caribbean hotel occupancy was largely flat to start off 2019, according to new data from hotel analytics firm STR. The region’s occupancy was 68.4 percent in January, meaning a decline of 0.1 percent compared to […]
The Cayman Islands Has the Caribbean’s Hottest Hotel Sector
By Rico Louw Is the Cayman Islands the hottest hotel market in the Caribbean? The Cayman Islands experienced the largest rises in the Caribbean in each of the three key performance metrics in 2018, according to data from islands where […]
Caribbean Hotel Sector Builds Momentum
By the Caribbean Journal staff Caribbean hotels managed to build some strong momentum to close out 2018, according to the latest data from analytics firm STR. The region’s hotel occupancy stood at 63.7 percent last month, a 1.7 percent increase […]
A Flat Month for Caribbean Hotels
By the Caribbean Journal staff It was a month of flat growth for the Caribbean’s hotel sector, according to the latest data from analytic firm STR provided to Caribbean Journal. The region’s hotel occupancy was up 0.1 percent in November […]
A Sluggish Month for the Caribbean Hotel Industry
By the Caribbean Journal staff It was a sluggish month for the Caribbean’s hotel industry in October, according to the latest data from analytics firm STR. The region posted its largest year-over-year decline in occupancy of 2018, with a 9.2 […]
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