STR: Cayman Islands, Bermuda See Occupancy Jumps
By Fatima ThompsonCJ Contributor HENDERSONVILLE, Tennessee—A mixture of lower occupancy levels and higher rates fell in line with year-to-date hotel performance in the Caribbean, according to the latest data from STR. In November, occupancy fell 2.8% year over year to an absolute level of 64.4%. However, 3.3% growth in average daily rate (ADR) pushed…
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