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Caribbean Hotels See Biggest Occupancy Drop Since 2010

 By the Caribbean Journal staff Caribbean hotel occupancy declined by 2.6 percent in April, the region’s largest monthly decline in almost four years. According to STR’s monthly trend report, Caribbean hotel occupancy finished April at 72.4 percent, down 2.6 percent …

Caribbean Hotel Occupancy Falls

 By the Caribbean Journal staff Caribbean hotel occupancy dropped by 0.1 percent in February, according to the latest Caribbean Trend report from hotel analytics firm STR. Caribbean hotel occupancy finished February at 77.3, a 0.1 percent drop from the same …

Who’s Leading the Caribbean in Hotel Construction

 Above: construction at the Baha Mar in New Providence (Baha Mar photo) By the Caribbean Journal staff The Bahamas currently leads the Caribbean in the number of hotel rooms under construction, according to a new report from hotel analytics firm …

LATEST NEWS

 Above: the Carambola resort in St Croix (CJ Photo) By the Caribbean Journal staff The Caribbean hotel industry has gotten off to a solid if not spectacular start in 2014, according to data from hotel analytics firm STR. The region’s …

 By Alexander Britell MIAMI — After a strong year in 2012, the Caribbean hotel industry saw growth slow slightly in 2013, according to new data from STR. After significant improvement in Caribbean hotel occupancy in 2012, the region’s hotel sector …

 By the Caribbean Journal staff Caribbean hotel occupancy rebounded in August, following two straight months of decline, according to a new report from STR. The region’s hotels saw a 2.3 percent increase in occupancy compared to August 2012, with total …

 By the Caribbean Journal staff Caribbean hotel occupancy fell by 0.2 percent in July, the region’s second straight month of annual decline, according to a report from STR. The drop followed a 0.9 percent decrease in June, the first time …

 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: construction at the Baha Mar earlier this year (CJ Photo) By the Caribbean Journal staff The Caribbean/Mexico hotel development pipline includes 21,858 rooms and 128 hotels, according to a new report from STR. The total active pipeline includes projects …

 Above: Jamaica By the Caribbean Journal staff After three months of year-over-year growth to start the year, the Caribbean hotel sector saw a mixed bag of numbers in April, according to data from STR. While hotel occupancy stood at 75 …

 Above: the recently-opened Best Western Premier Haiti By the Caribbean Journal staff Haiti led the Caribbean in expected hotel room supply growth through March, according to a new report from STR. Haiti’s expected hotel room supply growth was 58.2 percent, …

 Above: construction at the Baha Mar earlier this year (CJ Photo) By the Caribbean Journal staff The Caribbean/Mexico hotel development pipeline is currently comprised of 124 hotels and 20,444 rooms, according to February data from hotel analytics firm STR. The …

 Above: the Ritz-Carlton Reserve Dorado Beach By Alexander Britell PARADISE ISLAND – The Dominican Republic added 224 new rooms in 2012, the largest total of any country in the Caribbean last year, according to data from STR. Puerto Rico was …

 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: construction at the Baha Mar resort project in Nassau By the Caribbean Journal staff The Caribbean/Mexico hotel development pipeline totaled 124 hotels and 19,318 rooms in October, according to the STR Construction Pipeline Report released this week. The active …

 Above: Le Village de Port-Jacmel, a four-star hotel by Michael Capponi in Jacmel, Haiti By the Caribbean Journal staff The Caribbean/Mexico hotel development pipeline comprises 131 hotels totaling 17,923 rooms, according to the November Construction Pipeline Report from STR. Haiti …

 

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