The Americas region recorded positive results in the three key performance metrics when reported in U.S. dollars during September 2013, according to data compiled by STR and STR Global.
Compared to September 2012, the Americas region reported a 0.3-percent monthly increase in occupancy to 63.5 percent, a 3.0-percent monthly increase in average daily rate to US$112.82 and a 3.4-percent monthly growth in revenue per available room to US$71.64.
Among the key markets in the region, Buenos Aires, Argentina, reported the only double-digit occupancy increase, rising 12.5 percent to 66.3 percent. Panama City, Panama, fell 7.4 percent to 48.7 percent in occupancy, reporting the largest decrease in that metric.
San Francisco, California (+11.8 percent to US$217.62) and Buenos Aires (+10.1 percent to US$148.62), achieved the largest ADR increases.
Three markets achieved RevPAR increase of more than 10 percent: Buenos Aires (+23.9 percent to US$98.57); San Francisco (+13.6 percent to US$194.46); and Vancouver, Canada (+10.6 percent to US$126.02).
Panama City reported the largest ADR (-6.5 percent to US$103.91) and RevPAR (-13.4 percent to US$50.60) decreases for the month.
Year-to-date September 2013, the Americas region’s occupancy rose 1.4 percent to 63.9 percent; its ADR was up 3.7 percent to US$112.66; and its RevPAR increased 5.2 percent to US$71.99.
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