Even though nations in the Caribbean have put into area their personal vacation constraints, the market (as a whole) saw a slight pickup in occupancy as the significant year strategies.
Excerpt from STR
Definitely, the Caribbean is a well-liked location in the intercontinental vacationer path. Nonetheless, the area has long way to go in restoration from the international pandemic.
Now the concentration is on how a lot the many global lockdowns will affect resort general performance into the Caribbean’s superior season (mid-December through mid-April).
A deep dive into the Caribbean
Though countries in the Caribbean have put into place their own vacation restrictions, the current market (as a entire) observed a slight pickup in occupancy as the substantial time strategies.
A 24.9% occupancy degree for October was the region’s optimum given that March. This trend is expected to go on through November’s information. For context, the location noticed its most affordable occupancy amount in April (7.2%).
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