STR Inc., a hotel and travel analytics powerhouse, has reported record-breaking results in two of the three key performance metrics for the Caribbean hotel industry in 2015.

The STR report noted that for the year, the average daily rate (ADR) in the market was US$229.44, and revenue per available room (RevPAR) was US$157.74. Each of those absolute values was the highest STR has ever benchmarked for a total year in the Caribbean. In addition, the market's 68.8 percent absolute occupancy in 2015 tied 2006 for the third-highest year-end occupancy on record behind 2005 and 2004.

All 12 months in 2015 produced year-over-year increases for ADR and RevPAR in the Caribbean. Occupancy increased year over year in nine of the 12 months. February was the year's top-performing month for occupancy (79.2 percent) in the Caribbean. December produced a record ADR (US$304.34) in the market, as did March for RevPAR (US$224.00).

STR's census database shows more than 230,000 rooms in more than 1,900 hotels in the Caribbean.

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