LONDON and HENDERSONVILLE, Tennessee—The Americas region recorded positive results in the three key performance metrics when reported in U.S. dollars for May 2012, according to data compiled by STR and STR Global.
The Americas region reported a 3.4-percent increase in occupancy to 63.4 percent, a 3.1-percent gain in average daily rate to US$107.64 and a 6.6-percent jump in revenue per available room to US$68.30.
Among the key markets in the region, Los Angeles, California, rose 5.8 percent in occupancy to 75.0 percent, posting the largest increase in that metric. Two markets experienced double-digit occupancy decreases: Panama City, Panama (-11.6 percent to 48.1 percent), and Sao Paulo, Brazil (-11.5 percent to 63.9 percent).
Boston, Massachusetts, reported the largest ADR increase, rising 8.9 percent to US$171.87, followed by San Francisco, California, with a 5.8-percent increase to US$166.34. Canadian cities Montreal (-9.6 percent to US$131.30) and Vancouver (-9.3 percent to US$148.64) ended the month with the largest ADR decreases.
Boston increased 11.6 percent in RevPAR to US$135.54, reporting the largest increase in that metric, followed by Los Angeles with a 10.8-percent increase to US$94.53. Four markets posted double-digit RevPAR decreases in May: Panama City (-19.4 percent to US$59.33); Sao Paulo (-16.7 percent to US$90.88); Montreal (-15.8 percent to US$90.09); and Vancouver (-11.5 percent to US$114.15).
Performances of key countries in May 2012 (all monetary units in local currency):
| Country |
Occupancy
|
% change
|
ADR
|
% change
|
RevPAR
|
% change
|
|
Brazil
|
65.2%
|
-7.1%
|
BRL269.35
|
+15.2%
|
BRL175.58
|
+7.0%
|
|
Canada
|
65.1%
|
+1.7%
|
CAD130.60
|
+0.4%
|
CAD85.04
|
+2.1%
|
|
Mexico
|
57.8%
|
+1.4%
|
MXN1,306.86
|
+11.5%
|
MXN755.74
|
+13.1%
|
|
United States
|
63.5%
|
+3.6%
|
USD105.81
|
+3.9%
|
USD67.17
|
+7.7%
|
*percentages are increases/decreases for May 2012 vs. May 2011
View Global Hotel Review for May.
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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
