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Rental stays at Lantana are highly variable and the average yearly occupancy rate is just under 60 percent. “With some of the units the owners may come and stay two weeks out of the year, so they are on the rental market for the majority of the year,” Cossey says. “Barba- dos is a highly seasonal destination with high season being November to April. At the Lantana price point, however, we find that there is con- sistent interest year round so in the summer months, when things are typically quiet and many hotels are experiencing a dramatic drop in bookings, we are still receiving rentals. Due to the number and type of enquiries, we usually maintain a three night minimum stay although we may allow nightly rentals where it is pos- sible. Our guests tend to stay a minimum of a week but we have had requests for longer stays like four months and if we can accom- modate them, we do.” Island Villas promotes the resort via email marketing, social media, and via rental portals including booking.com and Expe- dia. “With the current global environment, we have seen a shift in the profile of the traveler coming to Barbados,” says Cossey. “We have had more interest in affordable luxury and budget-friendly options and we have worked with our reservations and property management team to ensure that our portfolio offers a wide range of accom- modation options to suit every budget.” LANTANA RESORT – BARBADOS/ ISLAND VILLAS INSTALLATIONS | SALES | SERVICE | REPAIRS In the Caribbean, we’re at the fore-front of Air-Conditioning. Our expertise & brands make us leaders in the industry. D&A Mechanical Services Inc. was established in January 2014 with the aim of offering the highest standard of HVAC solutions to residential, commercial and marine end users whilst remaining competitive. Our current team has over a decade of experience in the industry ranging from supply and installation to repairs and maintenance of residential and commercial equipment. Goodings Alley Speightstown, St. Peter Barbados, WI 246-419-0750 www.dams.cool Best price, cover and claims representation Relax and let us take caRe of youR home insuRance sentrybrokers.com PREFERRED VENDORS n D&A Mechanical www.dams.cool/air-conditioning D&A Mechanical Services Inc. was established in January 2014 with the aim of offering the highest standard of HVAC solutions to residential, commercial, and marine end users. Services provided include A/C & Ventilation equipment supply, A/C installation, Duct fabrication & installation, Marine A/C, Kitchen Ven- tilation systems, Freezers & Cool rooms, BEMS system installation, maintenance and repairs, and parts supply. n Sentry Insurance Brokers www.sentrybrokers.com n Arrow Construction info@arrowbds.com
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