Importance for Curaçao is to accelerate demand.
WILLEMSTAD - The month of June 2021 compared to the month of March 2021 shows an increase in hotel occupancy, announces CHATA based on the monthly hotel occupancy figures done by STR.
Hotel performance figures show that the hotel occupancy in June 2021 in Curaçao was 54.6%. Which is higher as the Caribbean average hotel occupancy of about 48%, and it also shows a better recovery rate compared to the first month after the first lockdown last year. When compared to the same month in 2019 (66.3%), this is a decrease of only 17.6%. However, the hotel occupancy of the month of March 2021 compared to the month of June 2021 shows a growth of 38%, indicating that the tourism industry is slowly recovering from the second lockdown.
The average daily rate (ADR) for the month of June 2021 was $142.22. For the same month in 2019, this was $141.19; this is an increase of 0.7%. Regarding the revenue per available room (RevPAR), this was $77.60 in June 2021, which is a decrease of 17% compared to the same month in 2019 ($93.55).
Furthermore, when comparing the ADR for the month of March 2021 ($160.74) to the month of June 2021 ($142.22), it shows a decrease of 13%. While the ADR decreased, the RevPAR of March 2021($54.41) compared to the month of June 2021 ($77.60) shows an increase of 30%.
CHATA is cautiously optimistic about the increase in hotel occupancy. The increase in RevPAR from March 2021 when compared to June 2021 suggests that things are improving, however Curaçao is still on the road to recovery. Together with our members, partners, and stakeholders, CHATA is working on making the trip to and from Curaçao more pleasant.
It is to be expected to see the aftermath the global pandemic had on the sector when comparing the figures of June 2019 to those of June 2021. Even though things begin to look up for the sector post-lock-down, CHATA believes it is important to continue to stimulate the demand. This is with the hope that Curaçao can once again align the hotel performance figures from 2021 to those of pre-COVID, and more importantly continue growing. At the same time, it continues to be important for all companies and employees working in the tourism and hospitality sector, to continue to comply with the basic Covid measures as social distancing and hygiene measures. As we all have to help to avoid another surge of covid cases, as this would be devastating for our economy.
