Hotel Industry Performance Americas

Occupancy in the Americas Region for May 2013 Up 1.2%

In May, the Americas region reported a 1.2-percent increase in occupancy to 64.0 percent, a 3.5-percent rise in average daily rate to US$111.69 and a 4.7-percent growth in revenue per available room to US$71.48.

STR Global The Americas region recorded positive results in the three key performance metrics when reported in U.S. dollars during May 2013, according to data compiled by STR and STR Global.

In May, the Americas region reported a 1.2-percent increase in occupancy to 64.0 percent, a 3.5-percent rise in average daily rate to US$111.69 and a 4.7-percent growth in revenue per available room to US$71.48.

Among the key markets in the region, Sao Paulo, Brazil, rose 6.1 percent in occupancy to 68.6 percent, posting the largest increase in that metric. Panama City, Panama, followed with a 5.4-percent increase in occupancy to 53.0 percent. Santiago, Chile, fell 8.4 percent in occupancy to 65.1 percent, reporting the largest decrease in that metric.

Mexico City, Mexico, achieved the largest ADR increase, rising 9.7 percent to US$133.63. Panama City reported the only double-digit ADR decrease, falling 10.1 percent to US$110.08.

San Francisco, California, reported the largest RevPAR increase, rising 11.4 percent to US$152.39, followed by Montreal, Canada (+9.3 percent to US$98.46), and Mexico City (+9.0 percent to 83.95). Buenos Aires, Argentina, fell 11.2 percent in RevPAR to US$70.98, reporting the only double-digit decrease in that metric.

Table - performance of hotel industry in the Americas region

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About STR Global:

STR Global provides clients-including hotel operators, developers, financiers, analysts and suppliers to the hotel industry-access to hotel research with regular and custom reports covering Europe, Middle East, Africa, Asia/Pacific and South America. STR Global provides a single source of global hotel data covering daily and monthly performance data, segmentation data, forecasts, annual profitability, pipeline and census information. Hotel operators can join the surveys on a complimentary basis and benefit from free industry data. STR Global is part of the STR family of companies and is proudly associated with STR, RRC Associates, STR Analytics and HotelNewsNow.com. For more information, please visit www.strglobal.com.



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