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STR Global: Americas hotel results for June

July 27, 2013 Statistics & Trends No Comments Email Email

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

The Americas region reported in June a 0.2-percent decrease in occupancy to 69.6 percent, a 3.0-percent increase in average daily rate to US$113.03 and a 2.8-percent growth in revenue per available room to US$78.69.

During the first six months of 2013, the region’s occupancy rose 1.5 percent to 61.9 percent, its ADR grew 3.7 percent to US$112.05 and its RevPAR increased 5.3 percent to US$69.32.

Among the key markets in the region, Vancouver, Canada, reported the only double-digit occupancy increase, rising 12.5 percent to 82.6 percent. Panama City, Panama, fell 10.1 percent in occupancy to 45.4 percent, posting the largest decrease in that metric.

Chicago, Illinois, led the ADR increases, rising 8.8 percent to US$153.70. San Francisco, California, followed with a 6.4-percent increase to US$189.27. Rio de Janeiro, Brazil, reported the only double-digit ADR decrease, falling 10.2 percent to US$242.04.

Vancouver achieved the only double-digit RevPAR increase, rising 18.4 percent to US$122.11. Two markets experienced double-digit RevPAR decreases: Panama City (-15.7 percent to US$49.62) and Santiago, Chile (-11.4 percent to US$101.51).

For complete media releases with table, open the attached Word document.

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