Markets & Performance Central & South America Press Releases

March 13, 2015

Trends and Opportunities Brazil: 4th Quarter Preview of 2014 - HVS

nst the expectations of the third quarter preview of Trends and Opportunities Brazil, in the fourth and last quarter of 2014 the overall performance of the subject hospitality markets analyzed decreased. Historically, periods of presidential elections may cause some trouble to the corporate hospitality demand. Especially this year, uncertainties about the election result and its reflex in the economy slowed down the corporate market in the period. These factors allied to the expressive supply growth in some cities, resulted in negatives variations of RevPAR in all cities but São Paulo.

HVS

Brazil

Press Release

June 20, 2014

FIFA World Cup 2014 – The Hospitality Playing Field

With the world’s biggest sports event commencing in Brazil, HVS São Paulo analyzes the impact of the games on the region’s hotel market. Despite the turbulent preparations, the event has had a positive start, and hotels in majority of the host cities should have good reasons to celebrate.

HVS

Brazil

Press Release

June 17, 2014

2014 World Cup Kick-off: HVS Brazil Market Pulse

With the world's biggest sports event commencing in Brazil, HVS São Paulo analyzes the impact of the games on the region's hotel market. Despite the turbulent preparations, the event has had a positive start, and hotels in majority of the host cities should have good reasons to celebrate.

HVS

Rio de Janeiro, Brazil

Press Release

May 16, 2014

Hotel Average Occupancy Falls for the Second Consecutive Year, but Maintains Healthy Levels

The 2014 edition of Trends and Opportunities Brazil – an annual report jointly released by HVS and HotelInvest that analyzes hospitality markets in six major Brazilian cities – reveals that key performance indicators trended negatively in 2013, though the average occupancy in Brazil continued to remain at healthy levels; above 63%.

HVS

Brazil

Press Release

September 11, 2013

GBTA Forecasts Double Digit Growth For Brazil’s Business Travel

The Global Business Travel Association (GBTA), the voice of the global business travel industry, has released its latest GBTA BTI™ Outlook report on Brazil as part of its semi-annual series. Sponsored by Visa.

GBTA

Brazil

Press Release

August 9, 2012

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.

JLL

Brazil

Press Release

August 22, 2011

Brazilian Hotels Posting Double-Digit Performance Growth for Second Consecutive Year

"Booming domestic and international travel demand in the country continues to drive up occupancy and average daily rates, or ADR, in markets across Brazil," said Ricardo Mader, Executive Vice President for Jones Lang LaSalle Hotels in Sao Paulo. "The rise in ADR has outpaced the country's GDP growth, highlighting the significant recovery in the sector."

JLL

Brazil

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Hospitality Net

Press Release

August 4, 2011

STR: US hotel performance for week ending 30 July 2011

The U.S. hotel industry experienced increases in all three key performance metrics during the week of 24-30 July 2011, according to data from STR. In year-over-year comparisons for the week, occupancy rose 2.5 percent to 72.8 percent, average daily rate increased 4.1 percent to US$103.59, and revenue per available room finished the week up 6.7 percent to US$75.42.

CoStar

Uruguay