occupancy

Caribbean Hotel Occupancy Flat to Start 2019

Caribbean “Upbeat” About Tourism in 2019

By Dana Niland CJ 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. …

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 …

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 …

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 …

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 …

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 …

Curaçao Hotels Showing Strong Growth

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 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, …

Cayman Islands, Curaçao Lead Regional Hotel Growth

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 …

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 …

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 …

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 …

Bermuda Seeing Surge in Airbnb Travel

By the Caribbean Journal staff More and more travelers to Bermuda are looking to homesharing options like Airbnb, according to new data released by the Bermuda Tourism Authority. The number of visitors to Bermuda who chose vacation rentals last year …

STR: Cayman Islands, Bermuda See Occupancy Jumps

By Fatima Thompson CJ Contributor HENDERSONVILLE, Tennessee—A mixture of lower occupancy levels and higher rates fell in line with year-to-date hotel performance in the Caribbean, according to the latest data from STR. In November, occupancy fell 2.8% year over year …