Positive results for the hotel industry in America

Published on : Thursday, June 25, 2015

str globalThe Americas region recorded positive results in the three key performance metrics when reported in U.S. dollars during May 2015, according to data compiled by STR, Inc. and STR Global.

 

Compared to May 2014, the Americas region reported a 0.5-percent increase in occupancy to 67.1 percent, a 4.1-percent increase in average daily rate to US$121.26 and a 4.7-percent increase in revenue per available room to US$81.40.

 

Among the key markets in the region, San Juan, Puerto Rico, reported the largest occupancy increase, up 7.1 percent to 81.7 percent.

 

Santiago, Chile (-14.1 percent to 57.4 percent), and São Paulo, Brazil (-10.3 percent to 65.3 percent), were the only two markets to experience double-digit decreases in occupancy.

 

 

Chicago, Illinois, posted the only double-digit ADR increase, rising 11.4 percent to US$163.53.

 

 

Rio de Janeiro, Brazil (-29.4 percent to US$143.64), and São Paulo (-26.3 percent to US$112.43) experienced the largest decreases in ADR.

 

 

Chicago reported the largest RevPAR growth, up 12.7 percent to US$127.54. Two other markets posted double-digit increases in RevPAR: Washington, D.C.-Maryland-Virginia (+10.5 percent to US$134.11), and San Juan (+10.1 percent to US$136.57).

 

 

Rio de Janeiro (-35.3 percent to US$87.24) and São Paulo (-33.8 percent to US$73.40) reported the largest decreases in RevPAR.

 
Source: STR Global.

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