Hotel Industry Performance Americas

Hotel Occupancy in the Americas Region Up 2.1% to 58.0% November 2013

Compared to November 2012, the Americas region reported a 2.1-percent increase in occupancy to 58.0 percent, a 2.3-percent increase in average daily rate to US$109.60 and a 4.4-percent increase in revenue per available room to US$63.60.

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

Compared to November 2012, the Americas region reported a 2.1-percent increase in occupancy to 58.0 percent, a 2.3-percent increase in average daily rate to US$109.60 and a 4.4-percent increase in revenue per available room to US$63.60.

Among the key markets in the region, Buenos Aires, Argentina (+9.2 percent to 79.1 percent), and San Francisco, California (+6.6 percent to 79.2 percent), reported the largest occupancy increases for the month. Panama City, Panama, posted the largest occupancy decrease, falling 5.0 percent to 54.7 percent. New York, New York, followed with a 4.7-percent decrease to 83.0 percent.

San Francisco (+20.3 percent to US$194.23) led ADR growth with the only double-digit increase. Panama City fell 10.3 percent in ADR to US$99.97, reporting the largest decrease in that metric.

San Francisco (+28.3 percent to US$153.80) and Miami, Florida (+11.0 percent to US$129.40), led RevPAR growth in the region. Panama City (-14.8 percent to US$54.70) posted the largest RevPAR decrease.

Performances of key countries in November 2013* (all monetary units in local currency):Table - November 2013 Performance for Hotel Industry in Americas Region

*percentages are increases for November 2013 versus November 2012

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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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