Hotel rates set a record in the Caribbean last year, STR says
By Gay Nagle Myers From Travel Weekly Hotel occupancy levels last year were the lowest in the Caribbean since 2012, but the average daily rate (ADR) was the highest for any year on record, according to data from STR. Occupancy…
Caribbean hotel numbers flat for 2018’s first six months
By Gay Nagle Myers From Travel Weekly Hotel performance in the Caribbean through June was relatively flat, due in part to the effects of the 2017 hurricanes and the loss of inventory from properties still closed, according to the Q2…
Conferences fuel year-over-year gains for South Florida hotels in June, data shows
By Arlene Satchell From Sun Sentinel A strong month of conferences and conventions in June helped lift South Florida’s hotel industry, which enjoyed year-over-year gains in occupancy, average daily room rates and revenues. A new report released this week by…
Caribbean hotel performance declines in 2016
From Hotel News Resource Compared with 2015, the Caribbean’s occupancy decreased 2.3% to 66.7%, and average daily rate (ADR) was down 0.3% to US$201.50. As a result, revenue per available room (RevPAR) fell 2.6% to US$134.48. The absolute occupancy level…
Caribbean hoteliers, tourism officials seek Zika antidote
By BRIAN MAJOR From Travel Pulse With the 2016 summer travel season waning, Caribbean tourism officials hope for some moderation in the Zika virus’ increasingly apparent toll on visitor arrivals. But with infection numbers continuing to grow in regional destinations,…
Caribbean Hotel & Tourism Association Conference promises good times ahead
From Travel Pulse The Caribbean Hotel & Tourism Association’s Caribbean Marketplace conference, held annually in January at the height of the winter travel season, frequently provides valuable insight into the coming year in Caribbean tourism. This year’s event, held at…
Thousands of new hotel rooms planned for Mexico and Caribbean this year
By Lisa Schwarz From St Cloud Times With a winter like we’re having, visions of white-sand beaches giving way to gently lapping turquoise waters are like money in the bank. And the Caribbean tourism industry is banking on it. By…