Pink sand runs uninterrupted for miles along Barbuda’s southwest coast. The shoreline is flat and wide. Low vegetation stretches inland. There are no high-rise resorts and no dense hotel clusters. Now Nobu is moving deeper into that landscape, several years after opening the beachfront Nobu eatery and club on the island. Nobu Hospitality has announced […]
It was a strong start to 2025 for the Caribbean hotel industry, with growth in hotel occupancy, daily rates and revenues, according to new data from analytics firm STR. Caribbean hotel occupancy was 72.9 percent in January, up 2.2 percent compared to the same period in 2024, while average daily rates were up 3.8 percent […]
Caribbean hotel occupancy declined for the second straight month in November, according to new data from analytics from STR. The region’s hotels were 66.8 percent full last month, a 1.4 percent reduction from the same month in 2023. Average daily rates rose by 1.9 percent in the same period, while revenues were up slightly at […]
It’s been a strong year for Caribbean hotels, with hotel occupancy climbing every month from January to June. Unsurprisingly, in July, that changed, the direct result of the passage of Hurricane Beryl. Indeed, July saw a 1.9 percent reduction in hotel occupancy compared to July 2023, but average daily rates and revenues per room actually […]
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 Caribbean was 70.2 percent in July, a 6.4 percent increase over the same period in […]
By Alexander Britell Once again open for tourism, Puerto Rico has shown steady improvement in recent months as air arrivals continue to climb, particularly out of the island’s main gateway in San Juan. But the island has also cultivated a burgeoning hotel pipeline, one that continues to grow even amid the pandemic. To learn more […]
Caribbean hotel occupancy and daily rates continue to climb, according to the latest data report from hotel analytics firm STR. Caribbean hotel occupancy stood at 59.9 percent in May, a more than 43 percent jump from the same period in 2021. Average daily rates in May were at $262.23, an 18.4 percent jump over May […]
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 […]
Amid the coronavirus (COVID-19) pandemic, Caribbean hotels showed double-digit performance declines during the weeks ending with March 14 and March 21 2020, according to preliminary weekly data from STR. Before we get into the details of that impact, it is important to note that STR is temporarily publishing weekly data for the Caribbean based […]
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 month in 2019. That was accompanied by a 1.5 percent decline in average daily rates […]
Caribbean hotels opened 2020 with the region’s lowest January occupancy level since 2011, according to data from STR. For the month, occupancy was down 3.7% year over year to 66.5%. Average daily rate (ADR) also fell 1.5% to US$253.09, and revenue per available room (RevPAR) dropped 5.1% to US$168.34. Continued supply growth coupled with […]
Caribbean hotel occupancy and average daily rates continued their 2019 slide in November, according to the latest data report from analytics firm STR. Caribbean regional hotel occupancy stood at 63.4 percent in November, a 2.1 percent compared to the same month in 2018. That was accompanied by average daily rates of $177.84, a 1.9 percent […]
SUBSCRIBE!
Sign up for Caribbean Journal's free newsletter for a daily dose of beaches, hotels, rum and the best Caribbean travel information on the net.
