The three main measurement indices for hotels reported stability during the month of May in the Americas, according to a new report from the agency STR and STR Global.
The region ended that month with a 4.5% increase in occupancy, for an annual average of 61.6%; the average daily rate (ADR) had a similar increase with 4.7%, for US$104 per year, and the average income per available room (RevPAR) registered a significant increase with 9.4% in that month, to US$64.09.
Among the key markets in the region in May, Santiago de Chile recorded the most significant increase in the area of occupancy, reporting 20.6%, for an annual average of 68.5%; Mexico City occupied the second box with a 13.2% increase, for 66.5%. The cities with low statistics in this area were New York (-1.9%), Buenos Aires, Argentina (-1.8%), and San Juan, Puerto Rico (-1.6%).
In the ADR item, four markets experienced increases greater than 15%: Sao Paulo, Brazil (35.3% for an annual average of US$149.04); Vancouver, Canada (19% for US$165.61); San Francisco, California (16.5% for US$157.06), and Montreal, Canada (16% for US$145.94). None of the key countries recorded declines during that month.
Finally, in RevPAR, Sao Paulo (38.8% for US$107.30) and Santiago de Chile (37% for US$104.13) reported the highest figures during the month in question.
