The Central/South America hotel industry reported slight improvement over the previous month, but low overall performance, according to August 2020 data from STR.U.S. dollar constant currency, August 2020 vs. August 2019
- Occupancy: -66.4% to 20.2%
- Average daily rate (ADR): -34.7% to US$53.66
- Revenue per available room (RevPAR): -78.1% to US$10.82
The absolute occupancy and RevPAR levels were the highest in the region since March but still the lowest for any August in STR’s Central/South America database. ADR also came in lower than any other August on record in the CSA region.
Local currency, August 2020 vs. August 2019
Peru
- Occupancy: -32.6% to 45.1%
- ADR: -55.6% to PEN187.35
- RevPAR: -70.1% to PEN84.44
Each of the three key performance metrics were the lowest for any August in STR’s Peru database. The occupancy and RevPAR levels were slightly lower than July.
Colombia
- Occupancy: -86.0% to 8.8%
- ADR: -30.2% to COP187,717.22
- RevPAR: -90.2% to COP16,531.91
The country’s occupancy and RevPAR were down from the previous month, while ADR was up slightly.
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