Data provided by companies STR and STR Global, revealed a positive overall picture for the hotel industry in the Americas region during the first month of 2012. Brazil continued to lead the good results in Latin America, while Panama showed a significant decline in its results.
First , an increase in occupancy was reported throughout the region, which stood at 49.8% for an increase of 3.9%; similarly, the average rate per day improved, which reached US $ 103.98 for a gain of 3.7% and an income per available room of US $ 51.81, 7.7% higher than the figures released by the last report.
Among the cities with the best performance, Chicago stands out, which showed the largest increase with an increase of 15.4%, which allowed it to place its occupancy at 47.4%, followed by Rio de Janeiro, which with an increase of 8.4% reached 82.4% occupancy.
For its part, Sao Paulo presented the largest increase in ADR, reaching US$144.40, an increase of 15.5%, while Rio de Janeiro improved its ADR by 13.7% to reach US$218.13.
Panama City, in contrast, experienced a decline in both occupation and ADR and RevPar. In the first category, it fell by 15% to reach an occupancy rate of 55.4%, the ADR decreased by 9% to reach US$121.60 and finally, the RevPar decreased 22.7% to US$67.32.
