str

A Very Strong Month for the Caribbean Hotel Sector

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, Revenues Continue to Climb

Numbers keep rising By the Caribbean Journal staff The Caribbean hotel sector is continuing a very solid 2015, according to the latest report from STR Inc. The region’s hotel occupancy was 75.7 percent in July, a 3.6 percent year-over-year increase …

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-Mexico Hotel Construction Pipeline Nears 30,000 Rooms

By the Caribbean Journal staff There are now 171 hotels and 29,846 rooms in the Caribbean-Mexico hotel pipeline, according to the most recent STR Construction Pipeline Report. At the end of April, there were 29,846 rooms “under contract,” an 11.4 …

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 …

Bahamas Leads Caribbean Construction Pipeline

Above: the Baha Mar By the Caribbean Journal staff The Bahamas leads the Caribbean region with a total of 2,670 rooms in five hotels under construction, while Mexico has the most rooms under construction in the wider region with 39 …

Where the Most New Caribbean Hotel Rooms are Being Built Right Now

Above: the Riviera Maya (CJ Photo) By the Caribbean Journal staff Where’s the epicentre of the Caribbean-Mexico hotel boom? Right now, it’s the Yucatan Peninsula, according to the latest report from hotel analytics firm STR. The company’s Construction Pipeline Report for …

How Caribbean Hotels Began 2015

Above: Anguilla By the Caribbean Journal staff The Caribbean hotel sector showed a 2 percent increase in occupancy in January, according to new data from STR Inc. The company’s latest report showed occupancy in January at 74.1 percent, up from …

How Caribbean Hotels Fared in 2014

By the Caribbean Journal staff After a slow start to 2014, the Caribbean hotel sector finished strong last year, according to year-end data from STR Inc. The region’s hotel sector saw a 5.3 percent increase in occupancy in December, following …

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 …

These Three Caribbean Countries are in a Hotel Construction Boom

Above: Nassau, Bahamas (CJ Photo) By the Caribbean Journal staff There are three countries in the Caribbean with more than 500 rooms in construction, according to the latest According to the latest pipeline report from STR, the Bahamas leads the …

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 …

Caribbean Hotel Occupancy Rises For Fourth Straight Month

By the Caribbean Journal staff After a weak winter and early spring, the Caribbean hotel sector is showing improvement, according to new data from hotel analytics firm STR. The region’s hotel occupancy was 67.1 percent in August, a 1.9 percent …

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 …

How Caribbean Hotels Are Faring in 2014

By the Caribbean Journal staff Caribbean hotel occupancy is up just 0.2 percent for the first half of 2014, compared to the first six months of 2013, according to newly released data from STR. Hotel occupancy in the region stood …

Bahamas, Puerto Rico Top Caribbean Construction

Above: construction at the Baha Mar resort project in the Bahamas (CJ Photo) By the Caribbean Journal staff The Bahamas, the Dominican Republic and Puerto Rico lead the Caribbean in the number of hotel rooms under construction, according to a …

Caribbean Hotel Sector Rebounds With Very Strong May

Above: Grenada (Caribbean Journal photo) By the Caribbean Journal staff After three consecutive months of year-over-year decline, the Caribbean hotel industry rebounded with a strong month of May, according to a new report from STR. Hotel occupancy in the Caribbean …