Hotel occupancy, revenue decliners drop 50 in 2010

Sun, Feb 20th 2011, 10:00 PM

By NEIL HARTNELL

Tribune Business Editor

The number of Bahamian hotels reporting revenue and occupancy declines dropped by around 50 per cent in 2010 compared to 2009, the Bahamas Hotel Association's (BHA) president said, with "marginal" occupancy improvements expected to continue in 2011.

Stuart Bowe, responding via e-mail to a series of Tribune Business questions, said of the BHA's 2010 review and 2011 outlook survey findings: "One year ago when we asked hoteliers to assess their business performance in 2009, 85 per cent of the hotels indicated that revenue and occupancy was down.

"In 2010, 40 per cent reported that room occupancy was up and 46 per cent reported ...

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