Americas performance results for June 2009
Rio de Janeiro, Brazil, was the only key market to experience an occupancy increase, rising 13.7 percent to 61.3 percent. Washington, D.C., was virtually flat for the month, reporting a 0.8-percent occupancy decrease to 76.6 percent. Mexico City, Mexico, reported the largest occupancy decrease, dropping 23.2 percent in occupancy to 49.9 percent. Santiago, Chile (-21.0 percent to 53.9 percent) and Buenos Aires, Argentina (-20.5 percent to 49.8 percent) also reported occupancy decreases of more than 20 percent.
Washington, D.C., reported the smallest ADR decrease, down 4.2 percent to US$148.42. Five markets experienced ADR decreases of more than 20 percent: New York, New York (-30.4 percent to US$199.08); Montreal, Canada (-28.8 percent to US$115.58); Toronto, Canada (-24.8 percent to US$115.94); San Francisco, California (-22.3 percent to US$126.87); and Vancouver, Canada (-20.6 percent to US$128.87).
Rio de Janeiro was virtually flat in RevPAR for the month, down 0.5 percent to US$86.24. Washington, D.C., was the only other market to experience a single-digit RevPAR decrease, falling 5.0 percent to US$113.65. Seven key markets reported RevPAR decreases of more than 30 percent: Mexico City (-38.2 percent to US$53.04); Montreal (-37.6 percent to US$72.55); New York (-34.9 percent to US$163.11); Toronto (-34.2 percent to US$78.31); Vancouver (-32.9 percent to US$90.17); Alberta, Canada (-32.5 percent to US$77.06); and Buenos Aires (-31.8 percent to US$62.56).
|Country||Occupancy||% change||ADR||% change||RevPAR||% change|
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