Published On: Thu, Mar 19th, 2015

Changing the game…83% Hotel Occupancy in February 2015

WILLEMSTAD - After a great start with 80% Hotel Occupancy for the month of January 2015, CHATA recorded another big win for the industry. An average hotel occupancy of 83% for the month of February 2015.

It has been a long time since the industry recorded such a high occupancy for the month of February, similar to January. Previous years data for the month of February 2015 show that this is considered a milestone for the sector with figures such as 78% in 2012, 79% in 2013, 79% in 2014 and now 83% in 2015.  (See table below)

Year

2012

2013

2014

2015

CHATA Hotel OCC% February

78%

79%

79%

83%

 

 

According to STR, CHATA Hotels registered a higher Average Daily rate compared to last year. CHATA has seen a steady increase in the rates being offered in the market, which will in return increase the revenue available per room.

Average Daily Rate and Revenue per available room. 

Year

2012

2013

2014

2015

ADR February

$170

$174

$170

$178

REVPAR
February

$133

$138

$130

$147

 

 

 

We are getting there, says CHATA CEO, Ms. Lizanne Dindial. It’s great to see the growth. Again, it’s a great feeling. We need to embrace this momentum, and we need to invest in our tourism industry. It is the time to build more rooms, improve our product, and create our tourism infrastructure. The demand is there, Curaçao needs to deliver. It’s All about Partnership.

CHATA’s outlook for the first quarter of 2015 is very positive, growth within our sector is important, and is part of our game plan...

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