May 14, 2021

Hotel rates set a record in the Caribbean last year, STR says

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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 dipped 1.1% last year, to 65.2%, while ADR rose 1.7%, to $207.61. Revenue per available […]

Caribbean hotel numbers flat for 2018’s first six months

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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 Hospitality Market Update from Integra Realty Resources. The continued expansion of Airbnb and similar alternatives […]

Conferences fuel year-over-year gains for South Florida hotels in June, data shows

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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 Tennessee-based data specialist STR showed Broward hotels were 73.9 percent full last month, up from […]

Caribbean hotel performance declines in 2016

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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 was the lowest in the Caribbean since 2013 (66.7%). The Caribbean hotel industry reported negative […]

Caribbean hoteliers, tourism officials seek Zika antidote

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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, the illness’ shadow seems destined to cloud short-term tourism fortunes for several island nations. This […]

Caribbean Hotel & Tourism Association Conference promises good times ahead

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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 the Atlantis resort in Nassau, Bahamas, offered an image of Caribbean travel clearly on the […]

Thousands of new hotel rooms planned for Mexico and Caribbean this year

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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 the end of this year, 7,974 new hotel rooms are expected to open in the […]