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STR Global: Americas hotel results for January 2014

February 27, 2014 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 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).

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