The Mexican hotel industry reported positive year-over-year results in the three key performance metrics
during 2016, according to data from STR.Compared with 2015, occupancy was nearly flat (+0.1% to
63.6%). However, average daily rate (ADR) jumped 17.0% to MXN2,327.16, resulting in a 17.1% spike in
revenue per available room (RevPAR) to MXN1,479.60."It is not surprising that the Mexican hotel industry
closed 2016 with strong numbers," said Fatima Thompson, STR's associate director of business
development, hotels. "The tourism industry is considered one of the main engines of the economy in Mexico,
and in 2016, Mexico saw more international visitors due to a favorable exchange rate for foreign
travelers."With double-digit increases in ADR, all five key markets in the country posted double-digit growth
in RevPAR, led by Northwest Mexico (+50.6% to MXN1,548.44) and Mexico City (+22.3% to
MXN1,760.73).Mexico City also reported the largest occupancy increase (+4.1% to 69.4%) for the year.Two
key markets saw negative occupancy performance: Yucatan Peninsula (-3.0% to 69.4%) and Northeast
Mexico-Monterrey (-0.5% to 62.4%).Q4 2016During the fourth quarter of 2016, the Mexican hotel industry
reported positive results in the three key performance metrics. Occupancy rose 1.3% to 63.0%, and ADR
was up 21.5% to MXN2,569.47. As a result, RevPAR increased 23.0% to MXN1,619.56.A note to editors: As
of 1 March 2016, all references to STR data and analysis should cite "STR" as the source. Please refrain from
citing "STR, Inc." "Smith Travel Research" or "STR Global" in sourcing as those names no longer fit within the
updated STR brand.Additional Performance DataAre you a member of the media looking for performance data
for a hotel market not included in this release? STR's sample comprises more than 55,000 hotels and nearly
7.5 million hotel rooms around the globe. Please refer to the contacts listed below for additional data
requests.