occupancy

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 …
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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 …
Caribbean Hotel Occupancy Rises For 14th Straight Month
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 …
Caribbean Hotel Occupancy Continues to Climb: Report
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 …
Caribbean Hotel Occupancy Rises For 11th Straight Month
By the Caribbean Journal staff Caribbean hotel occupancy continues to climb, according to the latest monthly report from STR Inc. The region’s hotel occupancy stood at 79.4 percent in March, up 1.3 percent from the same month in 2014. The …
Caribbean Hotel Sector Gaining Steam
By the Caribbean Journal staff October was the strongest month for the Caribbean hotel sector in all of 2014, according to a new report from hotel analytics firm STR. The region’s hotel occupancy grew by 4.1 percent, the single-biggest improvement …
Caribbean Hotel Occupancy Rises For Fifth Straight Month
Above: the British Virgin Islands (CJ Photo) By the Caribbean Journal staff After a sluggish start to the year, the Caribbean hotel sector has rebounded of late, with hotel occupancy rising for the fifth consecutive month in October. The region’s …
Modest July For Caribbean Hotel Sector
By the Caribbean Journal staff Caribbean hotel occupancy rose by 0.6 percent in July, according to a new report from STR. Occupancy stood at 70.7 percent at the end of the month, a modest increase compared to the same month …
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