Hotels in Americas Report April 2015 Increase in OR, ADR and RevPAR

According to data compiled by STR, hotels in the Americas region recorded positive results in the three key performance metrics during April 2015 when reported in U.S. dollars.

Compared to April 2014, the Americas region reported a 1.7% increase in occupancy to 66.5%, a 4.0% increase in ADR to US$120.98 and a 5.8% increase in RevPAR to US$80.40.

Among the key markets in the region, Bogotá, Colombia, reported the largest occupancy increase, up 8.3% to 56.2%. Montréal, Québec, followed with a 6.5% occupancy increase to 66.7%.

São Paulo, Brazil, experienced the largest occupancy decrease, down 7.1% to 60.6%.

San Francisco/San Mateo, California, posted the largest ADR increase, rising 12.1% to US$213.30. Chicago, Illinois, followed with an 11.7% increase to US$138.76.

Rio de Janeiro, Brazil (-20.1% to US$169.16) and São Paulo (-19.2% to US$120.01) experienced the largest decreases in ADR.

Chicago reported the largest RevPAR growth, up 16.1% to US$99.81. Three other markets posted double-digit increases in RevPAR: Washington, D.C.-Maryland-Virginia (+13.9% to US$137.28); San Francisco/San Mateo (+11.8% to US$182.45); and Panama City, Panama (+10.4% to US$60.81).

São Paulo (-24.9% to US$72.78) and Rio de Janeiro (-24.7% to US$107.03) reported the largest decreases in RevPAR.