AMERICAS The Americas region has recorded positive results in the three key performance metrics for July when reported in U.S. dollars.
Occupancy in the Americas rose 6.9% to 67.9%, while ADR went up 1.7% to US$100.93 and RevPAR increased 8.8% to US$68.53, according to data compiled by STR and STR Global.
In the United States, occupancy was up 7% to 67.9% on ADR of US$99.14, a 1.3% gain. RevPAR in the country hit US$67.35, a jump of 8.5%.
Among key markets in the region, Buenos Aries, reported the largest occupancy increase, jumping 87.3% to 62.5%, followed by Santiago, with a 28.5% increase to 65.6%. Manitoba and Saskatchewan posted the region’s only market decrease, a 0.2% slip to 71.2%.
Three markets experienced ADR increases of more than 15%: Rio de Janeiro (up 20% to US$155.18); Sao Paulo (up 17.6% to US$104.74); and Buenos Aires (up 15.8% to US$134.48). San Juan, Puerto Rico, posted the only ADR decrease, falling 3.7% to US$144.00.
Buenos Aires led the RevPAR increases, rising an astonishing 116.9% to US$83.99, followed by Santiago (up 38.3% to US$86.37) and Toronto (up 28.2% to US$89.53). San Juan fell 1.5% in RevPAR to US$113.65, reporting the only decrease in that metric.