The Baird/STR Hotel Stock Index increased 11.8% in November to close the month at 3,474. Year to date, the index has grown 12.3%.
RevPAR: 0.7% decrease for the hotel portfolio over the same period in 2015.
Pro forma RevPAR was flat, Pro forma ADR increased 0.2%, and Pro forma Occupancy decreased 0.2%
The 19.3% increase in Revenue per Available Room (RevPar excluding the addition of rooms) was the net effect of the 5.8% rate increase and the 7.5 percentage point occupancy level increase that was driven by the strength of the industrial sector in northern Mexico as well as in other central cities such as Guadalajara, Toluca and the hotels in the Bajio region.