|Caribbean lodging sector at-a-glance.|
Friday, 9th May 2014
Source : Jones Lang LaSalle
Last week during the CHRIS conference in Miami we shared our insight into the Caribbean market and we're finding that select Caribbean markets are surpassing prior peak RevPAR levels 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.
Infographic in larger size