Brazil's lodging fundamentals continue upward trajectory, hotel gross operating profits hit a historic high of 36.5 percent of total revenue
Brazil's lodging fundamentals remain positive as the country experienced a double-digit rise in average daily rates (ADR) and record revenue per available room (RevPAR) growth in 2011. Steady performance levels coupled with efficiencies in hotel operations led to record profits with a historic high of 36.5 percent gross operating performance for hotels, according to Jones Lang LaSalle Hotels' annual, bi-lingual research study, Lodging Industry in Numbers – Brazil 2012.