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caribbean hotel revenues

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 …

bahamas caribbean surge

Bahamas Leading Caribbean Hotel Surge

 By Rico LouwCJ Contributor The Caribbean hotel industry saw a second consecutive month of strong performance growth in February, according to data from STR. In year-over-year comparisons with February 2018, revenue per available room (RevPAR) jumped 8.0%, due to a …

caribbean hotel revenues

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, …

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caribbean occupancy flat

 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 …

caribbean upbeat tourism

 By Dana NilandCJ Contributor Caribbean tourism officials are “upbeat” about prospects for 2019, and expect another year of positive growth bolstered by increased airlift, improved sales, ongoing investments in hotel upgrades and refurbishments, and new properties coming on stream. Speaking …

caribbean 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 …

caribbean hotel revenues

 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 …

caribbean hotel revenues

 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 Caribbean Industry

 By Rico LouwCJ 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 daily …

caribbean hotel revenues

 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 …

caribbean hotel revenues

 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 …

caribbean hotel revenues

 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 revenues

 By Rico LouwCJ 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 revenue …

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 By the Caribbean Journal staff Hotels in Curaçao are having a strong year, according to the latest numbers from STR and the Curacao Hotel and Tourism Association. The Dutch Caribbean island’s hotel occupancy was 75.6 percent in June, up 12.8 …

caribbean hotel revenues

 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 hotel revenues

 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, …

islands to live on

 By Fatima Thompson Caribbean hotel performance comparisons showed some positives for the first time in 2018, according to March data from STR. The region is on the road to recovery, and several destinations that were not affected by last year’s …

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 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 …