AMERICAS The Americas region recorded positive results in the three key performance metrics in November, including a year-over-year RevPAR spike of 11.7% to US$53.30.
The region’s occupancy rose 8.8% to 53.9% percent and while ADR went up 2.7% to US$98.80, according to data from STR Global.
Montreal reported the largest occupancy increase in the Americas in November, rising 15.1% to 63.6%, followed by São Paulo (14.3% to 75.9%) and Chicago (13.9% to 62.5%).
Three markets achieved double-digit ADR increases during the month: São Paulo (24.7% to US$133.10), Santiago (15.8% to US$168.62) and New York City (10.8% to US$272.42). San Juan, Puerto Rico, fell 8.5% in ADR to US$143.50, reporting the largest decrease in that metric.
Four markets experienced RevPAR increases of more than 20%: São Paulo (42.5% to US$101.04), Chicago (24.6% to US$78.86), Santiago (23.6% to US$146.40) and Montreal (23.2% to US$81.53). San Juan posted the only RevPAR decrease, falling 8.7% to US$96.57.