STR: Central/South America hotel data for February 2018
STR: Central/South America hotel data for February 2018
23 MARCH 2018 8:36 AM

The Central/South America region reported hotel occupancy rose 4.2% to 57.8% during February, ADR increased 8.6% to $109.75 and RevPAR rose 13.2% to $63.40.

LONDON—Hotels in the Central/South America region reported strong growth across the three key performance metrics, according to February 2018 data from STR.

U.S. dollar constant currency, February 2018 vs. February 2017

Central/South America

  • Occupancy: +4.2% to 57.8%
  • Average daily rate (ADR): +8.6% to US$109.75
  • Revenue per available room (RevPAR): +13.2% to US$63.40

Local currency, February 2018 vs. February 2017


  • Occupancy: +2.2% to 52.0%
  • ADR: +2.8% to BRL309.33
  • RevPAR: +5.1% to BRL160.73

The absolute ADR level was the highest for any month in Brazil since August 2016, which is another sign of performance recovery in the country. Aside from demand growth (+4.4%), the overall positive performance can be attributed to much lower supply growth (+2.1%) compared with the past several Februarys. Rio de Janeiro helped the country’s overall performance, reaching double-digit growth in occupancy (+13.8%) and RevPAR (+14.7%).


  • Occupancy: +0.3% to 61.4%
  • ADR: +2.5% to US$97.52
  • RevPAR: +2.8% to US$59.91

ADR reached its highest level for any month in Ecuador since October 2016 and the highest for a February since 2016. The WIDA International School Consortium (22-25 February) helped boost performance in Quito, as did the football match between Quito and Guayaquil City, which raised occupancy 104.4% on 27 February. For the month overall, Quito occupancy grew 8.3% to 62.4%, which was the highest absolute occupancy level for a February in the market since 2015.


  • Occupancy: +0.8% to 56.9%
  • ADR: +1.3% to PAB97.58
  • RevPAR: +2.2% to PAB55.52

The occupancy level was the highest for a February in Panama since 2014. The market also saw its first year-over-year increase in ADR since April 2015.

Download STR's global monthly hotel review for February 2018.

Media Contacts:

Alex Anstett
Marketing & Communications
+44 (0)207 922 1979

Naureen Ahmed
Director of Marketing, Research & Analysis
+44 (0)207 922 1965

The above is a news release written by a third party. While HNN’s editorial mission is to produce unique content, it occasionally publishes timely, newsworthy news releases to complement in-house reporting efforts. All news releases are clearly marked as such. For questions and clarification, please contact Editor-in-Chief Stephanie Ricca at

1 Comment

  • Lavonn April 21, 2018 10:18 PM Reply

    Peefcrt shot! Thanks for your post!

Comments that include blatant advertisements or links to products or company websites will be removed to avoid instances of spam. Also, comments that include profanity, lewdness, personal attacks, solicitations or advertising, or other similarly inappropriate or offensive comments or material will be removed from the site. You are fully responsible for the content you post. The opinions expressed in comments do not necessarily reflect the opinions of Hotel News Now or its parent company, STR and its affiliated companies. Please report any violations to our editorial staff.