LONDON and HENDERSONVILLE, Tennessee—The Americas region recorded positive results in the three key performance metrics when reported in U.S. dollars for January 2013, according to data compiled by STR and STR Global.
In January, the Americas region reported a 3.3-percent increase in occupancy to 51.3 percent, a 4.8-percent gain in average daily rate to US$109.21 and an 8.3-percent jump in revenue per available room to US$56.04.
Among the key markets in the region, New York, New York, reported the largest occupancy increase, rising 11.4 percent to 73.8 percent. Buenos Aires, Argentina (-12.2 percent to 52.7 percent), and Panama City, Panama (-12.2 percent to 50.3 percent) posted the largest occupancy decreases for the month.
Three markets experienced double-digit ADR increases: Washington, D.C. (+17.0 percent to US$151.75); Miami, Florida (+12.2 percent to US$211.11); and San Juan, Puerto Rico (+11.2 percent to US$209.30).
Four markets achieved RevPAR increases of more than 15 percent: Washington, D.C. (+25.8 percent to US$79.24); San Juan (+18.4 percent to US$158.09); Miami (+17.5 percent to US$174.26); and New York (+16.3 percent to US$145.17).
Panama City reported the largest ADR (-9.4 percent to US$113.93) and RevPAR (-20.5 percent to US$57.27) decreases for the month.
View the global hotel review for the month of January.
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