1
1 STRSumm
1
1
1 Year Occupied Room Nights Change Available Room Nights Change Occupancy Change Average Rate Change RevPAR Change  
1
1 1994 2,932,760 4,400,805 66.6 $163.84 $109.19
1 1995 3,091,925 5.4 % 4,489,187 2.0 % 68.9 % 3.4 % 163.42 (0.3) % 112.56 3.1 %
1 1996 3,067,926 (0.8) 4,679,950 4.2 65.6 (4.8) 160.20 (2.0) 105.02 (6.7)
1 1997 3,297,581 7.5 4,983,371 6.5 66.2 0.9 163.16 1.8 107.97 2.8
1 1998 3,464,569 5.1 5,068,145 1.7 68.4 3.3 179.52 10.0 122.72 13.7
1 1999 3,492,559 0.8 5,067,400 (0.0) 68.9 0.8 191.50 6.7 131.98 7.6
1 2000 3,592,280 2.9 5,341,788 5.4 67.2 (2.4) 193.06 0.8 129.83 (1.6)
1 2001 3,531,152 (1.7) 5,688,137 6.5 62.1 (7.7) 187.67 (2.8) 116.50 (10.3)
1 2002 3,648,565 3.3 5,726,513 0.7 63.7 2.6 179.22 (4.5) 114.19 (2.0)
1 2003 3,783,785 3.7 5,918,865 3.4 63.9 0.3 182.47 1.8 116.65 2.2
1 2004 4,179,353 10.5 5,900,388 (0.3) 70.8 10.8 193.64 6.1 137.16 17.6
1 2005 4,175,685 (0.1) 5,839,591 (1.0) 71.5 1.0 209.57 8.2 149.86 9.3
1 Year-to-Date Through February
1 2005 701,902 945,121 74.3 % $254.59 $189.08
1 2006 715,745 2.0 % 948,001 0.3 % 75.5 1.7 % 270.71 6.3 % 204.39 8.1 %
1
1 Average Annual Compounded Change: 1994-2005
1 3.3 % 2.6 % 0.6 % 2.3 % 2.9 %
Hotels included in Sample     Country       Number of Rooms Hotels included in Sample         Country     Number of Rooms
Rosewood Jumby Bay Resort   Antigua & Barbuda 50 Hilton International Kingston   Jamaica 303
Marriott Aruba Resort & Stellaris Casino Aruba 413 Ritz-Carlton Ritz Carlton Golf & Spa Rose Hotel   Jamaica 427
Wyndham Hotels Resort Aruba Spa & Casino Aruba 478 Marriott Curacao Bch Resort & Emerald Casino   Netherlands Antilles 247
Radisson Aruba Resort & Casino   Aruba 357 Hilton International Curacao Resort Netherlands Antilles 197
Hyatt Regency Aruba   Aruba 360 Hyatt Dorado Beach Resort & Country Puerto Rico 262
Renaissance Aruba Beach Resort & Casino   Aruba 423 Embassy Suites Dorado Del Mar Beach Puerto Rico 174
Four Seasons Resort Great Exuma   Bahamas 183 Hilton International Ponce Hotel & Casino Puerto Rico 156
Westin @ Our Lucaya   Bahamas 740 Westin Rio Mar Beach Golf Resort & Spa Puerto Rico 600
Sheraton Hotel @ Our Lucaya Beach & Golf Resort   Bahamas 477 Westin Ocean Villas @ Rio Mar Beach Puerto Rico 94
Hilton International British Colonial   Bahamas 291 Sheraton Hotel Old San Juan Puerto Rico 240
Fairmont Glitter Bay   Barbados 68 Hilton International Caribe Hotel & Casino Puerto Rico 645
Fairmont Royal Pavillion Suites Barbados 76 Marriott San Juan Resort & Stellaris Casino Puerto Rico 525
Mandarin Oriental Hotel Group Elbow Beach Bermuda   244 Radisson Ambassador Plaza Hotel & Casino Puerto Rico 233
Fairmont Hamilton Princess Bermuda 410 Inter-Continental San Juan Resort & Casino Puerto Rico 402
Wyndham Hotels Bermuda Resort & Spa Bermuda 252 Ritz-Carlton San Juan Hotel & Casino Puerto Rico 416
Fairmont Southampton Princess Resort Bermuda   593 Embassy Suites San Juan Hotel & Casino Puerto Rico 299
Rosewood Little Dix Bay Hotel British Virgin Islands 100 Courtyard Isla Verde Beach Resort Puerto Rico 260
Hyatt Grand Cayman Resort & Villas   Cayman Islands 53 Four Seasons Resort Nevis   St. Kitts & Nevis 196
Courtyard Grand Cayman   Cayman Islands 230 Marriott St Kitts Rsrt & Royal Beach Casino   St. Kitts & Nevis 471
Marriott Grand Cayman Beach Resort   Cayman Islands 305 Hilton International Jalousie Resort & Spa   St. Lucia 112
Westin Casuarina Resort   Cayman Islands 343 Hilton International Trinidad Trinidad & Tobago 394
Hotel Sofitel Sevilla   Cuba 181 Crowne Plaza Port Of Spain Trinidad   Trinidad & Tobago 233
Renaissance Jaragua Hotel & Casino Dominican Republic 300 Hilton International Tobago Trinidad & Tobago 200
Inter-Continental V Centenario Santo Domingo   Dominican Republic 196 Marriott Frenchman's Reef & Morning Sta U.S. Virgin Islands 481
Embassy Suites Santo Domingo Juan Dolio   Dominican Republic 126 Ritz-Carlton St Thomas Resort U.S. Virgin Islands 152
Le Meridien L`Habitation Guadeloupe 233 Wyndham Hotels Resort Sugar Bay U.S. Virgin Islands 294
Hotel Sofitel Auberge De La Vielle Tour Cora Guadeloupe 103 Westin St John Resort U.S. Virgin Islands 282
Crowne Plaza Kingston Jamaica 129 Rosewood Caneel Bay Resort U.S. Virgin Islands 166
   
     
Source: Smith Travel Research