str

Curaçao Hotels Showing Strong Growth

Signs of Improvement for Caribbean Hotel Industry

By Fatima Thompson CJ Contributor May produced positive overall performance results for hotels in the Caribbean thanks to just the second room-rate increase of 2018. Occupancy was down (-0.9%) for the seventh month in a row even with lower room …

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 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 …

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 …

Caribbean Hotel Occupancy Declined Last 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 …

Apple Leisure Group’s Caribbean Resort Pipeline Is Booming

By the Caribbean Journal staff Apple Leisure Group has the largest pipeline of all-inclusives in the Caribbean, the company reported this week, as the Caribbean’s fastest-growing all-inclusive company continued its surge this year. In a statement, Apple Leisure Group said it …

STR: Dutch Caribbean Leads Regional Hotel Growth

By Rico Louw CJ Contributor The Caribbean hotel industry showed performance growth just one month after a pair of massive hurricanes swept through the region. Caribbean occupancy for the month was up 3.7% in year-over-year comparisons, and with a 6.9% …

 What’s Next for Caribbean Hotels? 

By Fatima Thompson CJ 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 …

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 …

Almost 17,000 Hotel Rooms in Caribbean-Mexico Construction Pipeline

By the Caribbean Journal staff There were 16,297 rooms across 92 hotel projects in construction in the Caribbean and Mexico last month, according to hotel analytics firm STR. That represented a 24.4 percent year-over-year increase based on the number of …

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 …

STR: 82 Hotels In Construction in Caribbean, Mexico

There were 82 projects in construction across the Caribbean and Mexico region last month, according to the latest pipeline report from hotel analytics firm STR. Those projects comprised a total of 13,098 rooms. Overall, there are 27,951 rooms in 172 …

How Caribbean Hotels Fared in 2015

How did the Caribbean hotel sector fare last year? Hotel analytics firm STR has released its final numbers for 2015, and the results were, well, mixed. Hotel occupancy growth slowed in 2015, with 1.4 percent growth to 68.8 for the …

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 …