Search Result for: caribbean data
963 results found.
Expedia: Four Star Hotel Demand Surging in Caribbean
By the Caribbean Journal staff Demand for four and five-star hotels is surging right now in the Caribbean, according to new data from Expedia Group. Demand for four and five-star-classified properties jumped in the first three quarters of 2018 compared […]
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 […]
The Bahamas Is Leading the Caribbean Hotel Sector Right Now
By Rico Louw CJ Contributor The Bahamas’ hotel market is surging — and vastly outperforming the rest of the region right now, according to data from analytics firm STR. In a sluggish month for hotels Caribbean-wide, The Bahamas was the […]
A New Push to Regrow Caribbean Reefs
By the Caribbean Journal staff Recent years have seen the growth of a number of initiatives aimed at regrowing coral reef in the Caribbean — most notably the Coral Restoration Foundation in Bonaire. Now, another drive has launched to help rebuild […]
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 […]
Turks and Caicos Pacing Caribbean Hotel Industry
By Rico Louw CJ Contributor Caribbean hotels reported double-digit performance growth as demand rose well above the levels seen during a hurricane-ravaged September in 2017, according to new data from STR. In year-over-year comparisons, occupancy was up 6.9%, and average […]
Tulum Is Airbnb’s Trending Caribbean New Year’s Destination
By the Caribbean Journal staff The Mexican hotspot of Tulum is Airbnb’s top trending destination for New Year’s Eve this year in the Caribbean, according to new data from the home-sharing giant. Tulum has seen 78 percent growth in bookings […]
CHTA President: Caribbean Missing Huge Tourism Opportunity
By the Caribbean Journal staff The Caribbean is missing a huge opportunity to reap the economic benefits of tourism, Caribbean Hotel and Tourism Association President Frank Comito said this week. Empty hotel rooms are costing the region billions of dollars […]
St Thomas Is Airbnb’s Top Caribbean Destination Right Now
By the Caribbean Journal staff Airbnb has been making major inroads in the Caribbean — and one destination is seeing bigger growth than the others, according to newly released data from the sharing economy giant. The leader? The island of […]
Caribbean Hotels See a Rebound
By the Caribbean Journal staff The Caribbean’s hotel industry saw a strong rebound in September, according to the latest data from hotel analytics firm STR. Caribbean hotel occupancy was 48.8 percent in September, a 6.9 percent increase over the same […]
Curaçao Continues to Lead Caribbean Hotel Growth
By Rico Louw CJ Contributor Caribbean hotels reported positive overall performance in August driven by strong pricing power, according to data from STR. On the islands where STR maintains a sufficient reporting sample, the Bahamas experienced the highest rise in […]
Caribbean Hotel Occupancy Decline Slows
By the Caribbean Journal staff After a sizable 3.6 percent decline in hotel occupancy in the Caribbean last month, the region’s hotels saw improvement last month, according to the latest data from hotel analytics firm STR. Occupancy fell by just […]
Venezuela Earthquake Shakes Trinidad, Southern Caribbean
By the Caribbean Journal staff A 7.3-magnitude earthquake hit Venezuela on Tuesday, rocking northern Venezuela and causing strong tremors across much of the southern Caribbean. The quake, which struck at 5:31 PM local time, was felt most strongly in neighboring […]
Caribbean Hotel Occupancy Shows Decline
By the Caribbean Journal staff It was a sluggish month for Caribbean hotels in July, according to the latest report from hotel analytics firm STR. The region’s hotel occupancy declined by 3.8 percent year over year to 69 percent, the […]
Caribbean Hotel Performance Improves
By Rico Louw CJ Contributor June was just the second month in 2018 with growth across the Caribbean hotel industry’s three key performance indicators (KPIs). Occupancy rose slightly (+0.2%) for the third month in a row. Average daily rate and […]
Signs of Improvement for Caribbean Hotel Industry
By Fatima Thompson CJ Contributor May produced positive overall performance results for hotels in the Caribbean thanks to just the second room-rate increase of 2018. Occupancy was down (-0.9%) for the seventh month in a row even with lower room […]
Caribbean Occupancy Continues 2018 Decline
By the Caribbean Journal staff Caribbean hotel occupancy continued its decline in May, according to the latest report from analytics firm STR. The region’s occupancy was 64.4 percent in May, a 0.9 percent drop compared to the same period in […]
Caribbean Occupancy Decline Slows
By the Caribbean Journal staff Caribbean hotel occupancy declined in April, the region’s seventh-straight month of year-over-year decline. Regional occupancy was 72.8 percent in April, however, a 1 percent reduction that was the lowest year over year decline since January, […]
Caribbean-Mexico Hotel Construction Pipeline Surging
By the Caribbean Journal staff The Caribbean-Mexico hotel construction pipeline is booming. There were 107 hotel properties comprising 22,325 rooms in construction last month in the wider Caribbean-Mexico region, a 41.5 percent jump compared to the same period last year. […]
The Caribbean’s Best Yachting Destination: The BVI
By Alexander Britell It’s long been the Mecca of yachting in the Caribbean, a bucket list destination that has sent a siren song to travelers and adventurers around the world. And here’s the good news: The British Virgin Islands is […]
Caribbean Occupancy Sees Decline
By the Caribbean Journal staff Caribbean hotel occupancy continued its 2018 decline in March, according to the latest data from hotel analytics firm STR. The region’s hotels reported occupancy of 73.9 percent, a 2.2 percent decline compared to March of […]
Making Caribbean Internet Climate Resilient
By Gerard Best CJ Contributor A new initiative to make Caribbean Internet infrastructure less vulnerable to the impact of climate change and natural disasters is gaining momentum across the region. Several Internet organisations recently held talks in Puerto Rico to […]
STR: Caribbean Occupancy Declines Again
By the Caribbean Journal staff It’s been a sluggish start for the region’s hotel sector in 2018, with occupancy declining again in February, according to new data released this week by hotel analytics firm STR. The Caribbean’s hotel occupancy saw […]
Saint Lucia Is the Caribbean’s Fastest-Growing Destination
By the Caribbean Journal staff Saint Lucia is the fastest-growing tourism destination in the Caribbean right now, according to the latest data released by the Caribbean Tourism Organization. The “Helen of the West Indies” reported a total of 386,127 stayover […]
Blockchain, Caribbean Style?
By Simons Chase CJ Contributor The Eastern Caribbean is home to one of the few examples of a regional monetary authority experimenting with blockchain technology. This week, the Eastern Caribbean Central Bank (ECCB) announced a pilot project with Bitt Inc., […]
From Martinique to Puerto Rico, Caribbean Cruise Industry Seeing Big Gains
By Alexander Britell FORT LAUDERDALE — The world’s largest cruise industry conference had a strong Caribbean flavor this week as ports from across the region gathered for the annual Seatrade summit in Fort Lauderdale. The mood was a positive one, with […]
Caribbean Hotel Occupancy Stabilizing
By the Caribbean Journal staff The post-hurricane decline in Caribbean hotel occupancy slowed significantly last month, a sign that the region’s industry is stabilizing, according to the latest data from hotel analytics specialist STR. Regional hotel occupancy was down just […]
Caribbean Hotel Occupancy Declined Last Month
By the Caribbean Journal staff After a strong rebound in October, Caribbean hotel occupancy saw a 2.8 percent decline in November, according to the latest data from hotel analytics firm STR. The region’s occupancy was 64.4 percent in November, down […]
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