CHATA issues the Curaçao Hotel Performance for the month of August

WILLEMSTAD - CHATA issues the Hotel Performance for the month of August with very good occupancies. July showed slightly higher occupancy versus July 2019 (+6.1%), and now August is also showing good recovery figures compared to 2019. Other parameters being the Average Daily Rate and Revenue Per Available Room show very positive figures compared to August 2019. The sector is very content that the larger hotels are finally showing strong recovery after the negative first half of this year. For September a decline is already noted as the historic low season kicked in, but CHATA is still consciously positive for the last half year of 2021. It is important to keep the spread of the virus under control as Curaçao needs to stay on ‘code yellow’ for the Netherlands and the CDC needs to put Curaçao back on a lower risk level again. Having the Digital Covid Certificate available soon for Curacao, CHATA is advocating for the same policies seen in Europe and the USA. It’s noted that more and more countries are accepting fully vaccinated travels with little to no testing, as traveling for pleasure after Covid is not as easy as it was. With Curaçao having extra testing in place to limit the spread of the Delta variant, the sector believes it is possible to promote fully vaccinated travelers to come to our island. It’s important to make a sound decision on this topic once an evaluation has been carried out regarding the number of fully vaccinated tourists testing positive after the 3rd day antigen test.

Slight decrease compared to August 2019

In August of 2021 Curaçao had a hotel occupancy of 70.6%. Compared to 2020 (32.6%) this is a significant increase of 116.4%. However, if we look at the occupancy data pre-COVID (August 2019), this is a slight decrease of 5.7%. The average daily rate also increased with 37.3% compared to 2020, to $180.39. In comparison to August of 2019, this is also an increase of 16%. As for the revenue per available room, numbers indicate a huge increase of 197.2% compared to 2020. From $42.88 in 2020 to $127.42 in 2021. Even compared to the pre-COVID data, the revenue per available room increased with 9.3%.

August

2021

2020

2021 vs. 2020

2019

2021 vs. 2019

Occ.

70.6%

32.6%

+116.4%

74.9%

-5.7%

ADR

$180.39

$131.35

+37.3%

$155.55

+16%

RevPAR

$127.42

$42.88

+197.2%

$116.56

+9.3%

 

*Smith Travel Research (STR) is the leading global provider of competitive benchmarking, information services and research to the hotel industry. 




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