New hotel construction is a sign that investors and entrepreneurs are optimistic about travel, tourism, and financial stability. In January, the Caribbean/Mexico region reported 31,787 hotel rooms in construction, which is a 26.9% increase year-over-year.
Caribbean Hotel and Tourism Association (CHTA) and the Caribbean Public Health Agency (CARPHA) urge the hospitality sector to be wary of sharing misinformation and fake news propagating about the Coronavirus, especially on social media sites.
Valentine’s Day is the ultimate day of love and the perfect opportunity to show your appreciation for those who mean the most to you.
American couple Leigh Ann and Matt McCulty are to appear on an episode of HGTV’s Beachfront Bargain Hunt next week (18th February at 11pm and then repeated on 19th February at 2am) searching for their perfect vacation home on Grand Cayman.
In another major destination promotion, the Cayman Islands is getting top billing in a new American outdoors TV series.
Stay-over visitation increased by nearly 10 percent in the Cayman Islands last year, according to numbers provided by the Islands’ Department of Tourism (DOT).
For the past few weeks news of the coronavirus has been the talk of destinations all over the world. From a tourism perspective, Tourism Economics, STR’s forecast partner, projects a potential 28 percent drop in visits to the U.S. from China in 2020.
Canada-based Sunwing Airlines operated its first seasonal direct flight between Toronto and Grand Cayman, on 2 February 2020.
For full-year 2019, The Caribbean hotel industry reported lower occupancy but record-breaking average daily rate (ADR) and revenue per available room (RevPAR) during 2019, according to data from STR.
This week we conclude our three-part series: Growing Restaurant Revenues: Revenue Management - as we explore five ways to optimize your restaurant’s menus for profit, the final revenue management strategy to increase profitability.
