The Caribbean region's hotels reported that occupancy dipped to 62.5% in August, a drop over August 2018's figure of 64.7%, according to hotel analytics firm STR.

Average daily rate (ADR) rose slightly, from $179.55 in August 2018 to $180.06 for the same month this year.
RevPar dipped to $112.54, from $132.95 a year ago.

Room supply rose to 7.9 million, a 3.2% jump over August 2018.

Revenue, too, was down to $892.1 million, a decrease of 2.2%.

Aruba reported the highest occupancy rate of 78.7%, up 2.7% over a year ago. Jamaica came in second at 78.3%, up at 0.2%, followed by the Cayman Islands at 74.8%, which was a 0.3% decrease.

The biggest decreases were recorded in Cuba, where occupancy was 54.9%, down 7.3%; the Dominican Republic at 72.1%, down 7%; and Puerto Rico at 68.5%, down 8.9%.

The information was compiled from 1,995 properties comprising 255,708 hotel rooms, according to STR.

Correction: A previous version of this report had an incorrect figure for average daily rate for August.


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