Bonaire’s accommodation sector entered 2026 with resilient pricing performance across both hotels and short-term rentals, even as occupancy levels softened slightly compared to the previous year.
Data from the first quarter of 2026 shows that Average Daily Rate (ADR) and Revenue per Available Room (RevPAR) outperformed both 2025 results and market forecasts from January through April. The figures reflect continued pricing strength across the island’s tourism sector, supported by steady visitor spending and the destination’s positioning within the Caribbean market.
At the same time, occupancy trends indicate a more cautious demand environment, particularly during the early months of the year.
Hotels & Resorts: Strong Rates Offset Softer Occupancy
From January through March 2026, hotels and resorts on Bonaire recorded an average occupancy rate of 75%, slightly below the 78% achieved during the same period in 2025 and marginally under the 2026 forecast of 76%.
January and February were comparatively softer months, influenced by reduced airlift capacity from the United States and broader geopolitical uncertainty affecting North American travel demand. March showed a notable recovery, outperforming both prior-year performance and forecast projections, likely supported by increased regional travel demand across the Caribbean.
Despite softer occupancy levels, hotels achieved strong pricing growth. ADR averaged $319, representing a 13% increase compared to 2025 and significantly surpassing the forecasted $306. This translated into a RevPAR of $240, outperforming both the 2025 actual of $222 and the projected $231.
The first quarter’s performance highlights that gains were driven primarily by pricing strength rather than increased visitor volume.
Preliminary April data, which remains subject to revision as final submissions are received, indicates occupancy at 67%, ADR at $286, and RevPAR at $192. While seasonal softening is becoming visible, current figures continue to track above both 2025 actuals and forecast expectations.
It is also important to note that part of the ADR growth reflects rising operational costs, including labor, utilities, and insurance, rather than purely stronger market demand. Higher room rates do not necessarily translate into higher operating margins.
Short-Term Rentals: Supply Growth Begins to Pressure Performance
The short-term rental (STR) segment, monitored through AirDNA across 856 active listings, recorded an average occupancy rate of 80% during Q1 2026. Although this remains higher than hotel occupancy levels, it represents a decline of three percentage points compared to Q1 2025.
ADR growth in the STR segment remained positive, increasing between 7% and 13% month over month during the quarter. However, by April, RevPAR growth had flattened completely, as occupancy declines offset all gains achieved through higher pricing.
The data suggests that the STR market is increasingly feeling the effects of growing accommodation supply against relatively flat demand growth. April’s performance may represent the clearest indication so far of mounting pressure within the segment.
Outlook for the Remainder of 2026
The overall picture for Bonaire’s accommodation sector in early 2026 is one of resilient pricing performance amid softer occupancy conditions. As the destination enters the shoulder season, beginning in April, market performance over the coming months will provide a clearer indication of the sector’s trajectory for the remainder of the year.
BONHATA will continue to monitor the market closely and share updated accommodation performance data as final April figures become available.