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STR Global: Americas Hotel Results For April 2015

June 6, 2015 Statistics & Trends No Comments Print Print Email Email

The Americas region recorded positive results in the three key performance metrics when reported in U.S. dollars during April 2015, according to data compiled by STR, Inc. and STR Global.http://www.uhotelsresorts.com/Compared to April 2014, the Americas region reported a 1.7-percent increase in occupancy to 66.5 percent, a 4.0-percent increase in average daily rate to US$120.98 and a 5.8-percent increase in revenue per available room to US$80.40.

Among the key markets in the region, Bogotá, Colombia, reported the largest occupancy increase, up 8.3 percent to 56.2 percent. Montréal, Québec, followed with a 6.5-percent occupancy increase to 66.7 percent.

São Paulo, Brazil, experienced the largest occupancy decrease, down 7.1 percent to 60.6 percent.

San Francisco/San Mateo, California, posted the largest ADR increase, rising 12.1 percent to US$213.30. Chicago, Illinois, followed with an 11.7-percent increase to US$138.76.

Rio de Janeiro, Brazil (-20.1 percent to US$169.16) and São Paulo (-19.2 percent to US$120.01) experienced the largest decreases in ADR.

Chicago reported the largest RevPAR growth, up 16.1 percent to US$99.81. Three other markets posted double-digit increases in RevPAR: Washington, D.C.-Maryland-Virginia (+13.9 percent to US$137.28); San Francisco/San Mateo (+11.8 percent to US$182.45); and Panama City, Panama (+10.4 percent to US$60.81).

São Paulo (-24.9 percent to US$72.78) and Rio de Janeiro (-24.7 percent to US$107.03) reported the largest decreases in RevPAR.

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