News
Supply Growth Pressuring Caribbean Hotel Performance
By Rico Louw CJ Contributor July marked the Caribbean’s fourth-straight month with a decline in hotel occupancy, and for the second month in a row, we saw a rather steep decline because of lower demand and a rise in new […]
Caribbean-Mexico Hotel Construction Keeps Booming
By the Caribbean Journal staff Hotel construction in the Caribbean-Mexico region continues to boom, according to the latest numbers from analytics firm STR. The latest pipeline data for the Caribbean-Mexico region showed 31,968 rooms in construction across 155 projects in […]
Caribbean-Mexico Hotel Construction Booming
By the Caribbean Journal staff Hotel construction is booming in the Caribbean and Mexico right now, according to new data from analytics firm STR. The number of hotels in construction in the wider region is up 30.7 percent year over […]
News
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. […]
Dominican Republic Continues Hotel Construction Boom
By the Caribbean Journal staff It isn’t just the most popular destination in the Caribbean for tourists – it’s the most popular destination for hotel investors, too. The Dominican Republic continued its hotel boom in 2017, with 12 new resorts […]
Caribbean Hotel Construction Continues to Rise
There were 15,781 hotel rooms in the Caribbean and Mexico region in construction last month, according to the latest data from analytics firm STR. That total came across 86 projects, representing a 23.2 percent increase compared to April 2016. Overall, […]
Luxury Hotels Top Caribbean Construction Pipeline
Luxury hotels are leading the Caribbean hotel construction pipeline, according to a new report from hotel analytics firm STR. The luxury segment accounted for 23.3 percent of all rooms in the region in the “in construction” phase, according to the […]
More Caribbean Hotel Rooms In Construction
The Caribbean hotel construction pipeline is rising, according to the latest numbers from hotel analytics firm STR. The Caribbean-Mexico region has seen a 9.3 percent year-over-year increase in the number of rooms in construction, according to the report. Overall, there […]