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Research

Report

The Caribbean lodging sector at-a-glance


Many Caribbean markets are surpassing prior peak RevPAR levels as strengthening lodging performance is driven by the rise in tourism spend across the region.  The Caribbean's general investment climate remains cautiously optimistic, with a 1.2 ratio of buyers to sellers*, high return requirements (relative to other regions) and limited transaction volume to-date. Hoteliers in the Caribbean, however, remain sharply-focused on improving operational margins and product quality in the near-term. Here we outline the major trends and general outlook for the region.

*Based on JLL's Global Hotel Investor Sentiment Survey (December 2013)

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