After 5 months of decline, Caribbean resort occupancy completed robust on the finish of 2024, in accordance with new information from analytics agency STR.
The area’s accommodations had been 69.3 % full in December, a 1.9 % leap over the identical interval in 2023.
That helped transfer the needle for the calendar 12 months to an 0.8 % enchancment over the earlier 12 months.
That was the sense we acquired from accommodations and locations throughout the area — that December was unusually robust and a really optimistic harbinger for 2025.
That included record-breaking days for a number of locations within the Caribbean final month in air arrivals, together with Barbados and Antigua and Barbuda, whose important airport set a single-day excessive.
General, resort occupancy was 66.6 % in 2024, with common day by day charges up 4.2 % to $437.02 region-wide, and revenues up 6.3 % to $302.76.
STR’s information surveyed 2,140 resort properties comprising some 286,030 rooms within the broader Caribbean.
