Sturdy Summer season Continues for Caribbean Resorts

Resorts throughout the Caribbean are persevering with to outpace final yr’s very robust efficiency, in response to new knowledge from resort analytics agency STR. 

The area’s resort occupancy in June was 68.1 p.c, a 3.4 p.c leap in comparison with the identical interval in 2023 – a record-breaking yr for many of the Caribbean. 

Common each day charges additionally climbed by 3.3 p.c, whereas income per obtainable room surged by 6.8 p.c as nicely. 

For the yr, Caribbean resort occupancy stands at 71.3 p.c, up 3.9 p.c in comparison with the primary half of 2023. Charges are up 8.3 p.c to $382.05, whereas revenues are up much more — 12.5 p.c, at $272.51 p.c room. 

STR’s knowledge surveyed 2.121 accommodations comprising some 284,000 rooms throughout the broader Caribbean area.