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STR Global: Americas Hotel Results For March 2015

May 2, 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 March 2015, according to data compiled by STR, Inc. and STR Global.http://www.itcma.com/Compared to March 2014, the Americas region reported a 2.2-percent increase in occupancy to 66.6 percent, a 4.1-percent increase in average daily rate to US$122.35 and a 6.3-percent increase in revenue per available room to US$81.44.

Among the key markets in the region, São Paulo, Brazil, reported the largest occupancy increase, up 11.1 percent to 69.2 percent. Boston, Massachusetts, followed with a 9.3-percent occupancy increase to 75.2 percent.

Buenos Aires, Argentina, experienced the largest occupancy decrease, down 7.1 percent to 59.4 percent.

San Francisco/San Mateo, California, posted the largest ADR increase, rising 13.5 percent to US$210.50. Boston followed with a 10.5-percent increase to US$170.05.

Boston also reported the largest RevPAR growth, up 20.7 percent to US$127.93.

Rio de Janeiro, Brazil, experienced the steepest decreases in both ADR (-33.5 percent to US$160.89) and RevPAR (-37.1 percent to US$110.14).

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