The Americas region recorded positive results in the three key performance metrics when reported in U.S. dollars during December 2013, according to data compiled by STR and STR Global.
Compared to December 2012, the Americas region reported a 2.8-percent increase in occupancy to 50.5 percent, a 3.6-percent increase in average daily rate to US$112.38 and a 6.5-percent increase in revenue per available room to US$56.80.
Among the key markets in the region, Toronto, Canada (+15.2 percent to 58.3 percent), and Chicago, Illinois (+10.7 percent to 53.7 percent), reported the only double-digit occupancy increases for the month. Sao Paulo, Brazil, posted the largest occupancy decrease, falling 4.0 percent to 48.8 percent. Rio de Janeiro, Brazil, followed with a 3.4-percent decrease to 68.5 percent.
Chicago (+11.5 percent to US$116.37) led ADR growth with the only double-digit increase in that metric. Panama City, Panama, fell 8.9 percent in ADR to US$102.03, reporting the largest decrease in that metric.
Chicago (+23.5 percent to US$62.48) and San Francisco, California (+13.7 percent to US$115.86), led RevPAR growth in the region. Panama City (-11.7 percent to US$49.94) posted the largest RevPAR decrease.
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