After record-breaking visitation in 2019, the Caribbean was well positioned for another stellar year. However, despite a very low infection rate in the region, the COVID-19 pandemic has presented a wide range of new challenges for stakeholders in the region.
Along the lines of the Bob Marley song, the Caribbean is “alright” despite lingering issues such as post-Hurricane rebuilding, new supply, and Sargassum. Resiliency continues as hoteliers have focused on crisis management and innovative product types to drive tourism and investment in the region.
Nearly 300 stakeholders in hospitality markets across the Caribbean came together in San Juan for HVS’s 6th annual regional hotel conference. What are the latest revelations for the region’s hospitality industry?
Hoteliers at the CHRIS conference in Miami explored investment opportunities in the Caribbean, where several factors have led to a surge in hotel performance.
This article focuses on the Caribbean lodging market and provides valuable insight into the major island destinations Aruba, the Bahamas, Cuba, Jamaica, the Dominican Republic, and Puerto Rico - considered the “The Big Six” in Caribbean tourism.