STR Global Posts January 2012 Results for Americas Region

2012-02-22
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  • STR Global Among the region’s key markets, Chicago, Illinois, reported the largest occupancy increase, rising 15.4 percent to 47.4 percent, followed by Rio de Janeiro, Brazil, with an 8.4-percent increase to 82.4 percent.

    The Americas region recorded positive results in the three key performance metrics when reported in U.S. dollars for January 2012, according to data compiled by STR and STR Global.

    In January 2012, the Americas region reported a 3.9-percent increase in occupancy to 49.8 percent, a 3.7-percent gain in average daily rate to US$103.98 and a 7.7-percent jump in revenue per available room to US$51.81.

    Among the region’s key markets, Chicago, Illinois, reported the largest occupancy increase, rising 15.4 percent to 47.4 percent, followed by Rio de Janeiro, Brazil, with an 8.4-percent increase to 82.4 percent.

    Panama City, Panama, experienced the largest decreases in all three key performance metrics. Its occupancy fell 15.0 percent to 55.4 percent, its ADR was down 9.0 percent to US$121.60 and its RevPAR fell 22.7 percent to US$67.32.

    Sao Paulo, Brazil, achieved the largest ADR increase, rising 15.5 percent to US$144.40, followed by Rio de Janeiro (+13.7 percent to US$218.13) and San Francisco, California (+10.4 percent to US$157.48).

    Three markets reported RevPAR increases of more than 15 percent: Chicago (+24.3 percent to US$46.39); Rio de Janeiro (+23.2 percent to US$179.71); and Miami, Florida (+15.8 percent to US$148.71).

    Performances of key countries in January 2012 (all monetary units in local currency):

    Country

    Occupancy

    % change

    ADR

    % change

    RevPAR

    % change

    Brazil

    60.5%

    -5.0%

    BRL252.79

    +17.4%

    BRL153.05

    +11.5%

    Canada

    48.9%

    +4.4%

    CAD121.66

    +1.6%

    CAD59.45

    +6.1%

    Mexico

    52.5%

    -1.3%

    MXN1,409.61

    +2.9%

    MXN739.48

    +1.6%

    United States

    49.4%

    +4.1%

    USD100.74

    +3.9%

    USD49.78

    +8.1%

    *percentages are increases/decreases for January 2012 vs. January 2011

    Download January Global Performance review 

    About STR Global:

    STR Global provides clients-including hotel operators, developers, financiers, analysts and suppliers to the hotel industry-access to hotel research with regular and custom reports covering Europe, Middle East, Africa, Asia/Pacific and South America. STR Global provides a single source of global hotel data covering daily and monthly performance data, segmentation data, forecasts, annual profitability, pipeline and census information.  Hotel operators can join the surveys on a complimentary basis and benefit from free industry data.  STR Global is part of the STR family of companies and is proudly associated with STR, RRC Associates, STR Analytics and HotelNewsNow.com. For more information, please visit www.strglobal.com.



    Logos, product and company names mentioned are the property of their respective owners.

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