This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies.  Find out more here  Close
STR Global: Americas results for November
December 21 2012

The Americas region ended the month with a 1.8% increase in occupancy to 57%; a 3.6% gain in ADR to $106.97; and a 5.4% increase in RevPAR to $60.99.

LONDON and HENDERSONVILLE, Tennessee—The Americas region recorded positive results in the three key performance metrics for November 2012 when reported in U.S. dollars, according to data compiled by STR and STR Global.

The Americas region ended the month with a 1.8-percent increase in occupancy to 57.0 percent, a 3.6-percent gain in average daily rate to US$106.97 and a 5.4-percent increase in revenue per available room to US$60.99.

Los Angeles, California, rose 6.7 percent in occupancy to 70.7 percent, reporting the largest increase in that metric. New York, New York, followed with a 5.2-percent increase in occupancy to 87.0 percent.

Toronto, Canada (+11.5 percent to US$147.70), and Santiago, Chile (+11.2 percent to US$193.03) posted the largest ADR increases for the month.

Three markets experienced RevPAR increases of more than 10 percent: Los Angeles (+16.3 percent to US$92.69); Toronto (+14.5 percent to US$104.41); and Mexico City, Mexico (+11.6 percent to US$90.79).

Panama City, Panama, posted the largest decrease in all three key performance metrics. The market’s occupancy fell 13.8 percent to 48.2 percent, its ADR decreased 12.7 percent to US$110.48 and its RevPAR dropped 24.7 percent to US$53.28.

View the global hotel review for the month of November.

Media contacts:

Konstanze Auernheimer
Director of Marketing
STR Global
KAuernheimer@strglobal.com
+44 (0)207 922 1961

Jeff Higley
VP, Digital Media & Communications
jeff@str.com
+1 (615) 824-8664 ext. 3318

Rachael Spann Urie
Director, Public Relations
rurie@str.com
+1 (615) 824-8664 ext. 3305

COMMENTS   Show All
Login or enter a name   Post Your Comment  Check to follow this thread via email alerts (must be logged in)
(4000 characters max)

Comments that include links or URLs will be removed to avoid instances of spam. Also, comments that include profanity, lewdness, personal attacks, solicitations or advertising, or other similarly inappropriate or offensive comments or material will be removed from the site. You are fully responsible for the content you post. The opinions expressed in comments do not necessarily reflect the opinions of Hotel News Now or its parent company, STR and its affiliated companies. Please report any violations to our editorial staff

TRENDING
Airbnb accounts for 5.4% of NYC demand
AC brand enters US, 50 more on tap
Freitag’s forecast: 10 predictions for 2015
IHG’s Kimpton buy a ‘perfect fit,’ CEO says
NYC Plaza saga continues to unwind
6 hotel trends to keep an eye on
VIDEO
Wyndham focused on management
Greg Mount talks RLHC's turnaround
The Lodging Conference in review: Day Two
The Lodging Conference in review: Day One
US supply growth not a problem
LATEST NEWS
STR: US hotel performance for November 2014
Destination Hotels puts on new face for guests
AH&LA, AAHOA throw down gauntlet on City of LA
How to prevent, handle employee theft
GM finds closure in New Orleans
Freitag’s forecast: 10 predictions for 2015
Contact Us
Hotel News Now
18500 Lake Rd.
Suite 310
Rocky River, Ohio 44116
        
Copyright © 2004 - 2014 Hotel News Now, a division of STR, Inc. All Rights Reserved.   Privacy