The Slow Season has Arrived

cavok

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PUNTA CANA total 3,944,536

Punta Cana does not rely on North Americans to fill up hotels.

Didn't you see dv8's post #41? Here's the numbers for Punta Cana:

punta cana:
Canadá 634,382
Estados Unidos 1,554,183

You have 3,944,536 total tourists going to PC of which 2,191,764 are from North America. How can you possibly come to the conclusion that PC doesn't rely on North Americans to fill up their hotels when 55% of their tourists are from there? 40% from the US alone.
 

cavok

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How many places are sitting empty ? I've always thought it better to have someone in the place paying enough to cover costs than leave it empty for the roaches and rats (rats ride motos and like smart TVs and furniture).

I wonder why there are even high and low season rates - if the demand is not there due to over saturation, then make a fair price to hopefully have a long term renter stay. No towels & sheets to wash, no cleaning person to pay and no check in & out every other week.
As a landlord you are free to travel about yourself.

Say your 'low season' rate is $500/mo and the high season is $1,200. But it is only 75% rented for those 4 months of high season and your cleaning costs you $200/month so you pocket $2,800 and then there is the luz - another $80/mo so you are down to just under $2,500.
And who knows how you can reel in a tenant for the low season and for how many weeks, let's say the landlord is lucky gets it rented 50% for 8 months at $500 pocketing another $2000, then deducting for cleaning an electrical the landlord pockets nada for the low season at 50% occupancy

But if you rent for $500 and tenant pays for lights and no cleaning and he's there the whole high season you have $2,000 and that tenant decides he'll stay the whole year. Landlord Pockets $6,000. Ca Ching - and with little management. Does the turtle win the race ?

I'm not a landlord here so I am really surmising, but I was once in the US and having to deal with tenants coming and going was my worst nightmare. I liked just cashing checks more.

In my condo, and a couple others that I know of, we're almost always full Jan-Mar. Owners only rent for a minimum of 1 month during the high season. Rent for a 1bdr/1ba is $1000-$1200/mo. Electric is not included in the rental. Maid service costs 600 pesos, so maybe $50/mo out of the rental fee for maid service.

In the off-season, the same units rent for around $600/mo. Most owners do not like to do 1 week rentals. There are a few year-round rentals for $600/mo to $800/mo.
 

dv8

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The Sept/Oct low season coincides with the hurricane season
Visitors may be smarter than some think....

i doubt it. hurricane season lasts from june to november yet summer months in PC are still quite busy. seeing that AI model attracts lots of family tourism i would put low september/october down to school schedule. september-ish almost universally marks the start of a school year and not most families will not travel in that period. and i think in those two months there is only one day off work in the US, labour day in september.
 

SKY

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Didn't you see dv8's post #41? Here's the numbers for Punta Cana:

punta cana:
Canadá 634,382
Estados Unidos 1,554,183

You have 3,944,536 total tourists going to PC of which 2,191,764 are from North America. How can you possibly come to the conclusion that PC doesn't rely on North Americans to fill up their hotels when 55% of their tourists are from there? 40% from the US alone.

Because in the summer months those numbers go way down and Europe and S. America goes up. That is why they are busy close to 10 months a year.
 

cavok

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Because in the summer months those numbers go way down and Europe and S. America goes up. That is why they are busy close to 10 months a year.

Those numbers don't go up and down(?). That's the total number of tourists that went to Punta Cana in 2018. Over 55% of all tourists that went to Punta Cna in 2018 were from North America. It doesn't in which months they went there.

55% of all revenue recieved by AI's in PC in 2018 came from North Americans. PC relies heavily on them.
 

SKY

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Those numbers don't go up and down(?). That's the total number of tourists that went to Punta Cana in 2018. Over 55% of all tourists that went to Punta Cna in 2018 were from North America. It doesn't in which months they went there.

55% of all revenue recieved by AI's in PC in 2018 came from North Americans. PC relies heavily on them.

So 55% is all you need to run a successful hotel? What about almost half of the people coming from elsewhere? Without those people PC would look like the North Coast. A small amount of broken down hotels with no business. I know it is hard for you to comprehend that in the summer PC still thrives, as other winter vacation spots die................
 
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SKY

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DOMINICAN HOTEL OCCUPANCY RATE THE BEST IN 15 YEARS

The hotel occupancy rate in Dominican Republic is currently at its best in 15 years, with a sustained growth since 2010, according to the local branch of the international consultancy firm Deloitte. According to the consultants hotel occupancy rate is almost 80%, highlighting the leading enclave Punta Cana (eastern most) with an average of over 85%, followed by La Romana and Bayahibe (east), with almost 84%.

So Punta Cana has a year round occupancy rate of 85%. Times that by over 150 hotels at 85% occupancy and see how much cash is rolling in here.

http://www.dmklawyers.com/en/ocupacion-hotelera-dominicana-la-mayor-ultimos-15-anos/
 

william webster

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Didn't you see dv8's post #41? Here's the numbers for Punta Cana:

punta cana:
Canadá 634,382
Estados Unidos 1,554,183

You have 3,944,536 total tourists going to PC of which 2,191,764 are from North America. How can you possibly come to the conclusion that PC doesn't rely on North Americans to fill up their hotels when 55% of their tourists are from there? 40% from the US alone.

I would say a 55/45 split of NoAmericans vs the rest of the world is close enough to 50/50 not to tip the scales too far.

not an overwhelming imbalance....

Rounding the numbers to 2M and 4M give you a feel for it
 

dv8

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That's the total number of tourists that went to Punta Cana in 2018. Over 55% of all tourists that went to Punta Cna in 2018 were from North America. It doesn't in which months they went there.

please check the link provided. sorting out by nationality gives a breakdown of numbers per airport and per month as well.

for PUJ, 2018:

Estados Unidos total 1,554,183
jan 110,400
feb 129,177
mar 177,067
apr 136,494
may 138,235
jun 173,880
jul 196,784
aug 134,832
sep 66,996
oct 72,974
nov 96,085
dec 121,259

EUROPA total 1,001,540
jan 94,557
feb 85,417
mar 88,975
apr 85,633
may 73,781
jun 77,031
jul 88,988
aug 82,398
sep 64,685
oct 80,034
nov 85,108
dec 94,933

once again i stress that september marks the opening of a school year in europe: regular families will not travel in this month.
 

cavok

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So 55% is all you need to run a successful hotel? What about almost half of the people coming from elsewhere? Without those people PC would look like the North Coast. A small amount of broken down hotels with no business. I know it is hard for you to comprehend that in the summer PC still thrives, as other winter vacation spots die................

You're making absolutely no sense at all. If, as you say, without the 45%, PC would look like the North Coast, then without the 55% - PC wouldn't even exist. The number of tourists in PC in the summer has nothing to do with what we're talking about.

Out of 3,944,536 total tourists going to PC, you have 2,191,764 from North America. That means you have 1,752,772 coming from everywhere else. That's 438,992 LESS tourists coming the the entire rest of the world than from North America. That's huge!

Or, look at it this way. If 55% of the tourists are from North America vs 45% for the rest, that means that out of every $100 tourist dollars spent, $55 dollars come from North America vs $45 for the rest. Simple math tells you that, as a hotel owner, you're getting 22% more revenue from North America vs the rest. That's huge!

Or, look at the numbers dv8 just posted(#70). In round numbers for 2018 in PC there were 1,500,000 Americans vs 1,000,000 Europeans. 50% more tourists from the US vs Europe! 50% more tourists means 50% more revenue from the US than from Europe.

Re-read what I've said and let it sink in a while. It's absolutely crystal clear that PC relies more heavily on tourists from North America than the entire rest of the world. That's not to say the rest of the world doesn't matter, but hotels are receiving 22% more revenue from North America than the entire rest of the world. The numbers don't lie.
 
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cavok

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once again i stress that september marks the opening of a school year in europe: regular families will not travel in this month.

I agree. Summer vacation is over. Families have just celebrated Memorial Day, Fourth of July, and Labor Day. Kids are going back to school. Most families aren't going anywhere in September. I think that includes quite a few singles, too.
 

cavok

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I would say a 55/45 split of NoAmericans vs the rest of the world is close enough to 50/50 not to tip the scales too far.

not an overwhelming imbalance....

Rounding the numbers to 2M and 4M give you a feel for it

I think rounding really clouds the picture. Using the actual numbers, there are almost 440,000 more tourists coming to PC every year from North America than from the rest of the world.
 

SKY

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I was in the Hard Rock yesterday. They have a lot of parking there, but not one spot open. No cars from North America, ALL Dominican license plates. What about locals? No one mentions this. They fill these places up on weekends and holidays.........And there are special rates for Dominicans.............

No mention of these people on your airport figures, but they come in droves. Plenty of Dominicans with cash here, not just Gringos................
 

windeguy

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It's interesting that you guys haven't mentioned weather in this discussion and the affect that the hurricanes have on tourism on both coasts. I live in the northeast US and I restrict my travel to the DR and the Caribbean generally to avoid the hurricane season, and I don't think I'm alone in that.

There has never been a hurricane to hit the north coast. There have been some hurricanes that hit the east and south coasts of the DR. This thread is about the north coast. I do understand that most people not familiar with the DR are not aware of the lack of hurricanes with regards to the north coast.
 

windeguy

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I was in the Hard Rock yesterday. They have a lot of parking there, but not one spot open. No cars from North America, ALL Dominican license plates. What about locals? No one mentions this. They fill these places up on weekends and holidays.........And there are special rates for Dominicans.............

No mention of these people on your airport figures, but they come in droves. Plenty of Dominicans with cash here, not just Gringos................

All Dominican license plates? Really? That is funny. Do you expect tourists to fly their cars down for a vacation?
 

JD Jones

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I was in the Hard Rock yesterday. They have a lot of parking there, but not one spot open. No cars from North America, ALL Dominican license plates. What about locals? No one mentions this. They fill these places up on weekends and holidays.........And there are special rates for Dominicans.............

No mention of these people on your airport figures, but they come in droves. Plenty of Dominicans with cash here, not just Gringos................

Probably because it's Semana Santa. But the point is valid; Hard Rock has lots of concerts and they really pack in the locals.
 

cavok

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I was in the Hard Rock yesterday. They have a lot of parking there, but not one spot open. No cars from North America, ALL Dominican license plates. What about locals? No one mentions this. They fill these places up on weekends and holidays.........And there are special rates for Dominicans.............

No mention of these people on your airport figures, but they come in droves. Plenty of Dominicans with cash here, not just Gringos................

I'm not surprised at all that there are a lot of Dominicans in the Hard Rock Cafe - especially this week, and I'll bet they outnumber the Europeans in there who seem fond of loathing all things American. At times, they might even be equal to, or more than the number of Americans, but that's because most AI guests never venture off the resorts.

I'd be willing to bet that Dominicans represent less than 5% of the tourists in AI's in PC. That's not so say that 5% is insignificant or unimportant. A 5% loss would represent a significant hit to the bottom line.
 

windeguy

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When you get a chance lookup the definition of sarcasm..................

I understand sarcasm very well. I use it all the time.

Yes, Dominicans do use resorts on weekend. We have 6 Dominicans in our apartment just this weekend.