Hotel Industry Performance Americas

Hotel Occupancy in the Americas Region Up 2.4% to 52.5% January 2014

Compared to January 2013, the Americas region reported a 2.4-percent increase in occupancy to 52.5 percent, a 2.0-percent increase in average daily rate to US$112.00 and a 4.4-percent increase in revenue per available room to US$58.83.

STR Global The Americas region recorded positive results in the three key performance metrics when reported in U.S. dollars during January 2014, according to data compiled by STR and STR Global.

Compared to January 2013, the Americas region reported a 2.4-percent increase in occupancy to 52.5 percent, a 2.0-percent increase in average daily rate to US$112.00 and a 4.4-percent increase in revenue per available room to US$58.83.

Among the key markets in the region, Mexico City, Mexico, reported the largest occupancy increase, rising 9.7 percent to 55.6 percent. Vancouver, Canada, followed with a 9.2-percent increase to 53.4 percent. Panama City, Panama, fell 9.0 percent to 52.0 percent in occupancy, posting the largest decrease in that metric.

San Francisco, California, experienced the largest ADR increase, rising 11.9 percent to US$187.21. The market also reported the largest RevPAR growth, up 19.3 percent to US$133.55.

Washington, D.C., reported the largest decrease in both ADR (-17.6 percent to US$125.08) and RevPAR (-23.0 percent to US$61.59). 

Table - Hotel Industry Performance Americas January 2014

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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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