Caribbean lodge occupancy declined for the second straight month in November, in keeping with new information from analytics from STR.
The area’s accommodations have been 66.8 % full final month, a 1.4 % discount from the identical month in 2023.
Common day by day charges rose by 1.9 % in the identical interval, whereas revenues have been up barely at 0.4 %.
The October-November interval is usually the “shoulder” season within the Caribbean, between the ultra-low late summer season and fall and the height vacation season.
For the 12 months, Caribbean lodge occupancy is up barely, with a 0.7 % improve in comparison with the primary 11 months of 2023.
Charges proceed to climb, up 5.4 % this 12 months to $327.22, whereas revenues are up 6.1 % to $217.08 per room.
STR’s information surveyed 2,127 accommodations comprising some 283,597 rooms throughout the broader Caribbean area.
