LONDON and HENDERSONVILLE, Tennessee—The Americas region recorded positive results in the three key performance metrics when reported in U.S. dollars for May 2011, according to data compiled by STR and STR Global.
The Americas region ended May with a 4.5-percent increase in occupancy to 61.6 percent, average daily rate was up 4.7 percent to US$104.00, and revenue per available room rose 9.4 percent for the month to US$64.09.
Among the key markets in the region, Santiago, Chile, achieved the largest monthly occupancy increase, rising 20.6 percent to 68.5 percent, followed by Mexico City, Mexico, with a 13.2-percent increase to 66.5 percent. Three markets reported occupancy decreases: New York, New York (-1.9 percent to 85.9 percent); Buenos Aires, Argentina (-1.8 percent to 60.5 percent); and San Juan, Puerto Rico (-1.6 percent to 73.2 percent).
Four markets experienced ADR increases of more than 15 percent: Sao Paulo, Brazil (+35.3 percent to US$149.04); Vancouver, Canada (+19.0 percent to US$165.61); San Francisco, California (+16.5 percent to US$157.06); and Montreal, Canada (+16.0 percent to US$145.94). None of the key markets in the Americas reported ADR decreases for the month.
Sao Paulo RevPAR jumped 38.8 percent to US$107.30, reporting the largest increase in that metric, followed by Santiago (+37.0 percent to US$104.13) and Vancouver (+30.3 percent to US$129.66). San Juan ended the month virtually flat in RevPAR with a 0.3-percent decrease to US$113.52.
Performances of key countries in May (all monetary units in local currency):
|
Country
|
Occupancy
|
% change
|
ADR
|
% change
|
RevPAR
|
% change
|
|
Brazil
|
69.7%
|
+2.7%
|
BRL230.06
|
+14.1%
|
BRL160.33
|
+17.2%
|
|
Canada
|
64.2%
|
+3.7%
|
CAD130.46
|
+3.1%
|
CAD83.79
|
+6.9%
|
|
Mexico
|
57.5%
|
+5.9%
|
MXN1150.79
|
-6.5%
|
MXN661.58
|
-1.0%
|
|
United States
|
61.5%
|
+4.6%
|
USD101.54
|
+4.0%
|
USD62.47
|
+8.8%
|
*percentages are increases/decreases for May 2011 vs. May 2010
View Global hotel review for May 2011.
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
Communications Coordinator
rurie@str.com
+1 (615) 824-8664 ext. 3305
