Trends

Hotel Industry in the Americas Region Posts Positive Results For May 2012

The Americas region reported a 3.4-percent increase in occupancy to 63.4 percent, a 3.1-percent gain in average daily rate to US$107.64 and a 6.6-percent jump in revenue per available room to US$68.30.

STR Global

The Americas region recorded positive results in the three key performance metrics when reported in U.S. dollars for May 2012, according to data compiled by STR and STR Global.

The Americas region reported a 3.4-percent increase in occupancy to 63.4 percent, a 3.1-percent gain in average daily rate to US$107.64 and a 6.6-percent jump in revenue per available room to US$68.30.

Among the key markets in the region, Los Angeles, California, rose 5.8 percent in occupancy to 75.0 percent, posting the largest increase in that metric. Two markets experienced double-digit occupancy decreases: Panama City, Panama (-11.6 percent to 48.1 percent), and Sao Paulo, Brazil (-11.5 percent to 63.9 percent).

Boston, Massachusetts, reported the largest ADR increase, rising 8.9 percent to US$171.87, followed by San Francisco, California, with a 5.8-percent increase to US$166.34. Canadian cities Montreal (-9.6 percent to US$131.30) and Vancouver (-9.3 percent to US$148.64) ended the month with the largest ADR decreases.

Boston increased 11.6 percent in RevPAR to US$135.54, reporting the largest increase in that metric, followed by Los Angeles with a 10.8-percent increase to US$94.53. Four markets posted double-digit RevPAR decreases in May: Panama City (-19.4 percent to US$59.33); Sao Paulo (-16.7 percent to US$90.88); Montreal (-15.8 percent to US$90.09); and Vancouver (-11.5 percent to US$114.15).

Performances of key countries in May 2012 (all monetary units in local currency):
Country

Occupancy

% change

ADR

% change

RevPAR

% change

Brazil

65.2%

-7.1%

BRL269.35

+15.2%

BRL175.58

+7.0%

Canada

65.1%

+1.7%

CAD130.60

+0.4%

CAD85.04

+2.1%

Mexico

57.8%

+1.4%

MXN1,306.86

+11.5%

MXN755.74

+13.1%

United States

63.5%

+3.6%

USD105.81

+3.9%

USD67.17

+7.7%

*percentages are increases/decreases for May 2012 vs. May 2011

Download May Global Performance review 

 

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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