TravelNewsAsia.com
Sun, 30 October 2016

Hotels in Mexico Report Q3 2016 Increase in ADR, OR and RevPAR

According to data compiled by STR, the Mexican hotel industry recorded positive results in the three key performance metrics for the third quarter of 2016.

Compared with Q3 2015, the Mexican hotel industry’s occupancy increased 2.1% to 63.5%, ADR was up 14.0% to MXN2,067.44, while RevPAR grew 16.3% to MXN1,312.17.

With double-digit increases in ADR, all five key markets in the country posted double-digit growth in RevPAR, led by Central Mexico (+16.5% to MXN785.20) and Northwest Mexico (+16.0% to MXN1,141.79).

The Yucatan Peninsula recorded the quarter’s highest absolute values across the three key performance metrics: occupancy (68.9%), ADR (MXN3,170.60) and RevPAR (MXN2,183.72).

See other recent news regarding: STR, RevPAR, Mexico.

Subscribe to our Travel Industry News RSS Feed Travel Industry News RSS Feed from TravelNewsAsia.com. To do that in Outlook, right-click the RSS Feeds folder, select Add a New RSS Feed, enter the URL of our RSS Feed which is: https://www.travelnewsasia.com/travelnews.xml and click Add. The feed can also be used to add the headlines to your website or channel via a customisable applet. Have questions? Please read our Travel News FAQ. Thank you.

     
Advertising
Advertising
Copyright © 1997-2024 TravelNewsAsia.com