According to the STR and STR Global report, the American region reported a decline in occupancy measurements, ADR (Average Daily Rate) and RevPAR (Revenue Per Available Room) in January 2009.Occupancy for the region fell 10.5% to 46.5 percent, the ADR was 6.1% to US$102.33; and RevPAR was at 15.9% for US$47.54.
Washington D.C. It was the only market that reported an increase with 2.5% in occupancy for 52.3% in the month, 25.7% in ADR and 28.9% in RevPAR. And with this destination increased San Juan, Puerto Rico and Ottawa, Ontario, reporting a growth in occupancy of 2.0% for 69.5 percent and 1.2% for 54.6 percent, respectively.
Among the markets that reported a decrease of more than 15 percent are Buenos Aires, Argentina with an occupancy of -18.6% for 54.4 percent, as well as Mexico City, Mexico with -19.5 percent for 44.8%; Nassau, Bahamas (-17.5% to 54.5 percent); and New York, New York with -16.1% to 59.5%.
In ADR, four markets showed increases: Buenos Aires with +5.2% for US$151.67, Nassau with +4.8% for US$309.86; Santiago, Chile +13.2% for US$146.59 and Washington D.C. With +25.8% for US$181.75.
The largest decrease in RevPAR was for Vancouver, British Columbia (-28.0% to US$49.88; Mexico City (-27.4% for US$51.92); Toronto, Ontario (-27.3% for US$57.10) and New York with -27.1% for US$118.44.
