STR Global Reports Industry in Americas Region Posts Positive Results For November 2012
December 27, 20102 - The Americas region ended the month with a 1.8-percent increase in occupancy to 57.0 percent, a 3.6-percent gain in average daily rate to US$106.97 and a 5.4-percent increase in revenue per available room to US$60.99.
The Americas region recorded positive results in the three key performance metrics for November 2012 when reported in U.S. dollars, according to data compiled by STR and STR Global.
The Americas region ended the month with a 1.8-percent increase in occupancy to 57.0 percent, a 3.6-percent gain in average daily rate to US$106.97 and a 5.4-percent increase in revenue per available room to US$60.99.
Los Angeles, California, rose 6.7 percent in occupancy to 70.7 percent, reporting the largest increase in that metric. New York, New York, followed with a 5.2-percent increase in occupancy to 87.0 percent.
Toronto, Canada (+11.5 percent to US$147.70), and Santiago, Chile (+11.2 percent to US$193.03) posted the largest ADR increases for the month.
Three markets experienced RevPAR increases of more than 10 percent: Los Angeles (+16.3 percent to US$92.69); Toronto (+14.5 percent to US$104.41); and Mexico City, Mexico (+11.6 percent to US$90.79).
Panama City, Panama, posted the largest decrease in all three key performance metrics. The market's occupancy fell 13.8 percent to 48.2 percent, its ADR decreased 12.7 percent to US$110.48 and its RevPAR dropped 24.7 percent to US$53.28.
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.
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
