The Barcelo Bavaro Palace: all-you-can-drink and a spectacular beach for only $151 a night!

Now is the perfect time to plan a Caribbean vacation. The weather’s not yet sweltering, the spring break price hikes have come to an end, and hurricanes won’t hit the shores until July (or, more likely, August). As resorts ready themselves for the summer lull, rates drop across the board. But competition is fierce, and that’s why we’ve been able to secure some extraordinary deals on a few of our favorite all-inclusive resorts.

Check out the bargains (up to 40% off the standard rate) after the jump…

Like the beach? Check out the Catalonia’s guestrooms.

30% off at theCatalonia Royal Bavaro

Rates: from $264 a night for two adults, all-inclusiveWhere: Punta Cana, Dominican RepublicAward: One of the Most Romantic Hotels in the D.R.Why: Quiet, adults-only luxury; Jacuzzis in every roomWhen: Now until June 30, 2010

The beach at the Barcelo Bavaro Palace in Punta Cana, Dominican Republic

Best for the Buck: 30% off at the Barcelo Bavaro Palace

Rates: from $217 for two adults, all-inclusiveWhere: Punta Cana, Dominican RepublicWhy: Gorgeous beach, lively atmosphereAward: Best Party HotelWhen: Now until June 30, 2010

The waterpark at the Sunset Beach Resort & Spa in Montego Bay, Jamaica

Dream: 40% off at Sunset Beach Resort & Spa

Rates: from $304 for two adults, all-inclusiveWhere: Montego Bay, JamaicaAward: Best Kid-Friendly Hotel in JamaicaWhy: Kid-friendly. Adult-friendly (great food). Just plain friendly.When: Now until June 25, 2010

*Note: The rates above exclude taxes and service fees (about another $200 for a week-long trip).