On its face, it was another month of occupancy decline. But digging deeper, it may have been a sign of growing momentum for the Caribbean hotel sector.
In July, hotel occupancy in the region was around 65.5 percent — a 0.1 percent reduction compared to July 2024. It was the fifth consecutive month of decline in occupancy, according to data from analytics firm STR provided to Caribbean Journal.
Notably, it was also the smallest decline since March — and a potential sign of resilience for Caribbean hotels.
That the region effectively bucked its downward trend in a month that is typic...
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