occupancy

caribbean sluggish month

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 …

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STR: Cayman Islands, Bermuda See Occupancy Jumps

 By Fatima ThompsonCJ 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 to …

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caribbean sluggish month

 By the Caribbean Journal staff After a strong rebound in October, Caribbean hotel occupancy saw a 2.8 percent decline in November, according to the latest data from hotel analytics firm STR. The region’s occupancy was 64.4 percent in November, down …

caribbean sluggish month

 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 …

caribbean sluggish month

 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 sluggish month

 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 sluggish month

 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 sluggish month

 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 sluggish month

 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 …

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 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 …

 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 …

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 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 …

 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 …

 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 …

 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 …

 Hotel sector continues to strengthen By Alexander Britell The Caribbean hotel sector continues to show strength, according to the newest report from STR Inc. The region’s hotel occupancy rose to 69.8 percent in June, up 2.6 percent from the same …

 Above: the Peter Island Resort (CJ Photo) By the Caribbean Journal staff Caribbean hotel occupancy surged in April, according to a new report from STR. The region’s hotel occupancy rose to 75.6 percent last month, a 4.6 percent improvement compared …