Developers are moving fast in the Caribbean—because the math makes sense. The region is outperforming global trends in hospitality growth and it will only keep growing.
If you’ve been waiting to invest, now’s your window.
By the numbers, the Caribbean hotel market is on a strong upward trajectory.
From construction volume to revenue gains, 2024 data highlights why more developers are choosing this region for new hotel investments.
The Caribbean isn’t bouncing back — it’s moving forward. Investors aren’t waiting for stability—they’re building into demand.
~ Caribbean Hotel and Tourism Association
Here’s what’s fueling today’s momentum:
🧱 Lower Construction Costs
Competitive pricing for Furniture, Fixtures, Equipment, and materials gives Caribbean projects an edge over U.S.-based builds.3
📊 More Growth on the Way
Nearly 30,000 rooms are actively being planned, signaling strong developer confidence and future demand.3
🌴 Tourism Is Back
With arrivals surpassing pre-pandemic levels, Caribbean destinations continue to draw U.S. travelers in record numbers.4
💵 Revenue Gains
Regional revenue per available room is up 6% over last year, with consistent compounding growth.4
Our Concepts Coming Soon to the Caribbean
Helping You Build in the Caribbean
At BASE4, we help hotel developers build smarter and faster—especially in complex or remote markets like the Caribbean. With an experienced local team based in the Dominican Republic and 24/7 support from our global design team, we offer architecture, interior design, and engineering services that simplify logistics and accelerate delivery. From modular construction expertise to FF&E coordination and deep brand familiarity, our proven approach ensures projects are completed efficiently and aligned with the highest hospitality standards.
✅ Let’s Talk About Your Hotel Development
Thank you,
Blair Hildahl
BASE4 Principal
608.304.5228
BlairH@base-4.com
Source:
1.Caribbean Hotel and Tourism Association (2024). “Construction & Investment Benchmarking Report.”
https://caribbeanhotelandtourism.com/chta-releases-comprehensive-construction-and-investment-benchmarking-report
2.HVS Caribbean Region Overview (CHICOS 2024).
https://www.hvs.com/StaticContent/Image/24CHICOS/HVSCHICOS-CaribbeanRegionOverview2024.pdf
3.CHTA – Construction & Investment Benchmarking Report: caribbeanhotelandtourism.com