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Americas hotel results for August 2013

September 26, 2013 Statistics & Trends No Comments Email Email

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

Compared to August 2012, the Americas region reported a 2.3-percent monthly increase in occupancy to 69.3 percent, a 4.0-percent monthly increase in average daily rate to US$113.89 and a 6.4-percent monthly growth in revenue per available room to US$78.96.

Among the key markets in the region, Vancouver, Canada, reported the largest occupancy increase, rising 7.6 percent to 88.8 percent. Panama City, Panama, experienced the only double-digit occupancy decrease, falling 13.6 percent to 46.6 percent.

San Francisco, California (+13.9 percent to US$205.01), and Miami, Florida (+10.6 percent to US$139.29), reported the largest ADR increases for the month.

Four markets achieved double-digit RevPAR increases: San Francisco (+16.7 percent to US$190.13); Miami (+14.8 percent to US$105.13); San Juan, Puerto Rico (+13.4 percent to US$131.75); and Los Angeles, California (+10.4 percent to US$124.46).

Panama City reported the largest ADR (-6.4 percent to US$103.52) and RevPAR (-19.1 percent to US$48.26) decreases for the month.

Performances of key countries in August 2013* (all monetary units in local currency):

 

Occupancy

% change

ADR

% change

RevPAR

% change

Brazil

68.2%

-2.5%

BRL281.70

+8.8%

BRL192.18

+6.1%

Canada

78.3%

+4.1%

CAD140.31

+3.7%

CAD109.84

+8.0%

Mexico

60.4%

+2.6%

MXN1,523.88

+18.0%

MXN920.62

+21.0%

United States

69.2%

+2.3%

USD112.14

+4.5%

USD77.59

+6.9%

*percentages are increases/decreases for August 2013 versus August 201

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