Caribbean hotel occupancy declined for the second straight month in November, according to new data from analytics from STR. 

The region’s hotels were 66.8 percent full last month, a 1.4 percent reduction from the same month in 2023. 

Average daily rates rose by 1.9 percent in the same period, while revenues were up slightly at 0.4 percent.

The October-November period is typically the “shoulder” season in the Caribbean, between the ultra-low late summer and fall and the peak holiday season.

For the year, Caribbean hotel occupancy is up slightly, with a 0.7 percent increase compared to the first 11 months of 2023. 

Rates continue to climb, up 5.4 percent this year to $327.22, while revenues are up 6.1 percent to $217.08 per room. 

STR’s data surveyed 2,127 hotels comprising some 283,597 rooms across the wider Caribbean region. 

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