Caribbean Hotels Enjoy Fourth Consecutive Year of Double-Digit NOI Growth

PKF Hospitality Research, a CBRE Company | September 8, 2015

September 8, 2015, Atlanta, Ga. – Caribbean hotels are enjoying their continued run of double-digit net operating income (NOI) growth according to the newly released 2015 edition of Trends® in the Caribbean Hotel Industry by PKF Consulting (PKFC), a CBRE Company. According to the report, the average Caribbean hotel experienced a 17.3 percent increase in NOI during 2014, marking the fourth consecutive year that Caribbean hotels have seen a double-digit increase in NOI. Revenues and Expense The Caribbean hotel industry is made up of a large number of unique resort properties in various destinations which provides the opportunity to gen...