HOTEL

CARIBBEAN

OCC | ADR | REVPAR


In January of 2021 the Caribbean had a hotel occupancy of 23.5%. Compared to 2020 (66.1%) this is a decrease of 64.4%.

The significant decrease in Caribbean hotel performance is unfortunately a result of the measures taken to prevent the spreading of COVID-19.

JANUARY

AVERAGE HOTEL OCCUPANCY

CARIBBEAN

PERCENTAGE

100
90
80
70
60
%
50
40
30
20
10
0

66

24
2020
2021

The average daily rate decreased with 2% compared to 2020, to $251.35.

JANUARY

AVERAGE DAILY RATE

CARIBBEAN

PERCENTAGE

$300
$90
$80
$70
$60
US DOLLARS
$150
$40
$30
$20
$10
$0

256

251
2020
2021

As for the revenue per available room, numbers also indicate a significant decrease of 65.1%. The revenue per available room in 2020 was $169.43 and in 2021 it was $59.13.

JANUARY

REVENUE PER ROOM AVAILABLE

CARIBBEAN

PERCENTAGE

$300
$90
$80
$70
$60
US DOLLARS
$150
$40
$30
$20
$10
$0

169

59
2020
2021