STR Reports February 2014 Performance of Hotels in Americas

According to data compiled by STR and STR Global, the Americas region recorded positive results in the three key performance metrics when reported in U.S. dollars during February 2014.

Compared to February 2013, the Americas region reported a 3.2% increase in occupancy to 60.6%, a 3.1% increase in ADR to US$114.90 and a 6.5% increase in RevPAR to US$69.58.

Among the key markets in the region, Sao Paulo, Brazil, rose 14.9% in occupancy to 64.1%, reporting the largest increase in that metric. Panama City, Panama, reported the only double-digit occupancy decrease, falling 10.7% to 57.6%.

San Francisco, California, achieved the only double-digit growth in both ADR (+14.2% to US$186.92) and RevPAR (+19.7% to US$149.30).

Rio de Janeiro, Brazil, experienced the largest decreases in both ADR (-25.9% to US$208.35) and RevPAR (-26.5% to US$158.15).