Search

×

RevPAR up 8% across Americas in April

THE AMERICAS The Americas region has recorded positive results in all three key performance metrics for April, according to STR Global data.

Hotels in the Americas ended April with a 4.7% increase in occupancy to 61.2%, while ADR was up 3.3% to US$103.53 and RevPAR rose 8.1% to US$63.35.

Among the key markets in the region, Rio de Janeiro, achieved the largest occupancy increase, rising 13.1% to 77.4%, followed by Miami with a 9.5% increase to 79.8%. Two markets posted occupancy decreases of more than 5%: Toronto (down 8% to 63.4%) and Washington, D.C. (down 6% to 73.7%).

São Paulo jumped 28.4% in ADR to US$147.95, reporting the region’s largest increase in that metric. Rio de Janeiro (up 15.4% to US$207.33) and Miami (up 13.1% to US$170.73), also posted double-digit ADR increases. Washington, D.C. (down 2.9% to US$151.28) and Toronto (down 0.4% to US$138.37) reported the only ADR decreases for the month.

Three markets experienced RevPAR increases of more than 20%: São Paulo (34.4% to US$103.46), Rio de Janeiro (30.6% to US$160.48) and Miami (23.8% to US$136.25). Two markets posted RevPAR decreases: Washington, D.C (8.8% to US$111.55) and Toronto (8.4% to US$87.78).

Comment