occupancy

Caribbean Hotel Occupancy Declined Last Month

Caribbean Hotels Report Big Rebound

By the Caribbean Journal staff After unsurprisingly seeing major declines in hotel occupancy in October following Hurricanes Irma and Maria, the Caribbean hotel industry rebounded in a big way in October, according to the latest report from hotel analytics firm …

 What’s Next for Caribbean Hotels? 

By Fatima ThompsonCJ Contributor While the Caribbean recovers from one of the busiest and most destructive hurricane seasons of the past several decades, many questions exist regarding the impact these tragic storms have had on recent hotel performance. While one …

Caribbean Hotel Occupancy Continues to Rebound

By the Caribbean Journal staff Caribbean hotels continued their strong third quarter with another increase in occupancy last month, according to the latest data report from analytics specialist STR. The region’s hotel occupancy was 66.7 percent in August, a 1.8 …

Caribbean Hotel Occupancy Beginning to Climb

By the Caribbean Journal staff After a mostly sluggish first half, the Caribbean’s hotel sector is starting to show signs of strengthening, according to the latest data from hotel analytics firm STR. Caribbean hotels reported a 71.8 percent occupancy rate …

Caribbean Hotels Pick Up Momentum

The Caribbean hotel industry seems to be picking up momentum, according to the latest data from hotel analytics firm STR. Caribbean hotel occupancy was 66.7 percent in the month of June, a 3.1 percent increase over July 2016 that was …

Caribbean Hotel Occupancy Sees Positive Growth

It’s a small sample, but the Caribbean hotel sector is starting to show signs of a rebound, according to new data from hotel analytics firm STR. After a down year in 2016 and a slow start to 2017, Caribbean hotel …

Caribbean Hotel Occupancy Falls Again, But Decline Slows

By the Caribbean Journal staff Caribbean hotel occupancy fell in April for the sixth consecutive month, according to the latest report from hotel analytics firm STR. The region’s hotel occupancy dropped by 2.2 percent to 72.4 percent, although the decline …

Slow Start for Caribbean Hotels in 2016

The Caribbean’s hotel sector is off to a slow start so far in 2016, according to new data from STR. The analytics firm’s latest report showed regional hotel occupancy falling year-over-year in both January and February. In January, Caribbean hotel …

Puerto Rico’s Hospitality Growth

Puerto Rico has seen an improvement in its hotel stock in recent years, according to Governor Alejandro Garcia Padilla. Last year, Puerto Rico added about 500 hotel rooms to its offerings, according to the Governor, with a 73 percent overall …

A Sluggish Month for Caribbean Hotel Occupancy

Caribbean hotels reported a weak November 2015, according to the latest report from STR. The region’s hotel occupancy fell in November to 67.1 percent, a 1.6 percent drop compared to occupancy in November 2014. For the year, regional hotel occupancy …

The US Virgin Islands Is Raising Its Hotel Tax

By the Caribbean Journal staff The US Virgin Islands’ hotel tax is going up. The United States Caribbean territory has announced that its hotel room tax will increase to 12.5 percent from 10 percent, a 25 percent increase. US Virgin …

Caribbean Hotel Occupancy Shows Slight Drop

Slight drop after 15 months By the Caribbean Journal staff Caribbean hotel occupancy dropped last month for the first time since April 2014. The region’s hotel industry ended a streak of 15 months of consecutive positive year-over-year increases in hotel …