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caribbean hotels decline

Caribbean Hotels Open 2020 With Declines

 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, …

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Caribbean Hotel Occupancy Slides

 By the Caribbean Journal staff Caribbean hotel occupancy declined for the second straight month in May, albeit at slower pace than the previous month, according to new data from hotel analytics firm STR. Caribbean hotel occupancy was 63.3 percent last …

Caribbean Sees Slight Rise in Hotel Occupancy

 By the Caribbean Journal staff Following a very strong September, the Caribbean hotel sector saw slower growth in October, according to the latest report from STR. The region’s occupancy was 57.9 percent last month, a 1.2 percent rise over the same …

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 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 …

 Above: the One & Only Ocean Club in Paradise Island By the Caribbean Journal staff After a sluggish April, Caribbean hotel occupancy rose 6.6 percent in May, the highest year-over-year jump of any month so far in 2013, according to …

 Above: Jade Mountain in St Lucia By the Caribbean Journal staff Caribbean hotel occupancy rose 4.7 percent to 78.7 percent in February compared to the same period in 2012, according to data from STR released this week. The region’s hotels …

 Above: the Boucan by Hotel Chocolat in St Lucia By Alexander Britell The Caribbean hotel sector is continuing to improve, according to a new report from hotel data firm STR. Caribbean hotel occupancy rose 7 percent in November, compared to the …

 Above: Sandy Lane in Barbados By the Caribbean Journal staff Caribbean hotel occupancy rose 11 percent in October compared to the same period in 2011, according to a report from STR. Occupancy stood at 54.8 percent in the region in …