The cost of hotel rooms in Jamaica, according to the 2013 World Economic Forum Travel and Tourism Competitiveness Report was US$176.30, or well below the US$329.40 average in Barbados. This is calculated by using the average room rate achieved by first-class hotels in each country over a 12-month period from January through December and is called the hotel price index (HPI).
However this was still above regional counterparts like Panama (US$130.10) and Puerto Rico (US$168.10), while Dominican Republic’s HPI of US$92 placed it at 17th in the world.
Barbados, Panama, and Domonican Republic rank high on the The Travel and Tourism Competitiveness Index (TTCI), which aims to measure the factors and policies that make it attractive to develop the travel and tourism sector in different countries.