You are here
Airbnb Declares U.S. Virgin Islands #1 Caribbean Destination!


Airbnb, the country’s top rental marketplace, has announced that the U.S. Virgin Islands is the most sought after Caribbean destination for tourists. St. Thomas in particular has seen an absolutely astounding 600% increase in bookings year over year. No one can deny how disruptive hurricanes Irma and Maria were but clean up and restoration efforts have been incredibly successful. It’s great to see that the beauty of The Islands is once again attracting a huge number of tourists now that life here has mostly returned to normal.
In fact, one of the sectors still struggling with the aftereffects are the region’s many hotels. Nearly half of The Islands’ hotel rooms remain out of operation. Even the Marriott Frenchman’s Reef Hotel, the largest hotel in The Islands at 479 rooms, won’t reopen until at least 2020. And while we sincerely wish all these enterprises a speedy recovery it’s undeniable that their unavailability has supercharged an already strong demand for new rental property in the region.
Peter Briggs, Broker/Owner at John Foster Real Estate has seen the results, “There has been exciting growth and news for property owners looking to monetize their ownership with rental income. Clients of mine who have purchased condos & homes within the last year and opted to monetize them can vouch for this growth, with fabulous rental calendars!”
If you are looking to buy investment property in U.S. Virgin Islands, you couldn’t pick a better time. John Foster Real Estate associates are ready to show you some of the best places to invest in real estate in the Caribbean, including many that can be easily transformed into incredible rental properties. Check out some of the best property investments The Islands have to offer!
Archives
- June 2015 (1)
- July 2015 (1)
- September 2015 (1)
- March 2016 (1)
- April 2016 (1)
- June 2016 (1)
- October 2016 (1)
- November 2016 (1)
- January 2017 (1)
- February 2017 (1)
- March 2017 (2)
- April 2017 (1)
- May 2017 (1)
- June 2017 (1)
- August 2017 (1)
- May 2018 (1)
- October 2018 (1)
- April 2019 (1)
- June 2019 (1)
- July 2019 (1)
- August 2019 (1)
- September 2019 (1)
- October 2019 (1)
- November 2019 (1)
- January 2020 (1)
- March 2020 (1)
- April 2020 (2)
- June 2020 (2)
- July 2020 (2)