LONDON and HENDERSONVILLE, Tennessee—The Americas region recorded positive results in the three key performance metrics when reported in U.S. dollars during April 2013, according to data compiled by STR and STR Global.
In April, the Americas region reported a 3.5-percent increase in occupancy to 63.8 percent, a 3.4-percent rise in average daily rate to US$112.31 and a 7.0-percent growth in revenue per available room to US$71.67.
Among the key markets in the region, San Francisco, California (+9.9 percent to 85.9 percent), and São Paulo, Brazil (+9.9 percent to 72.7 percent) reported the largest occupancy increases in April. Panama City, Panama, reported the largest occupancy decrease, falling 19.3 percent to 46.9 percent.
San Francisco (+18.5 percent to US$180.41) and Mexico City, Mexico (+11.8 percent to US$139.23), were the only markets to report double-digit ADR increase. Santiago, Chile, fell 9.0 percent in ADR to US$181.61, reporting the largest decrease in that metric.
San Francisco (+30.2 percent to US$154.92) and Mexico City (+22.7 percent to US$90.03) achieved the largest RevPAR increases when reported in U.S. dollars. Panama City dropped 24.6 percent in RevPAR to US$53.59, posting the largest decrease in that metric.
View the global hotel review for the month of April.
Manager, Marketing & Analysis
+44 (0)207 922 1965
VP, Digital Media & Communications
+1 (615) 824-8664 ext. 3318
Rachael Spann Urie
Director, Public Relations
+1 (615) 824-8664 ext. 3305