The Americas region ended the year with a 5.6-percent increase in occupancy to 57.8 percent, average daily rate finished virtually flat with a 0.6-percent increase to US$100.32, and revenue per available room was up 6.2 percent for the year to US$57.99.
The region’s occupancy rose 6.3 percent to 64.2 percent, average daily rate went up 1.7 percent to US$100.45, and revenue per available room increased 8.1 percent to US$64.48.
The region’s occupancy rose 7.0 percent to 64.9 percent, average daily rate ended up 1.8 percent to US$100.31, and revenue per available room increased 8.9 percent to US$65.11.
Demand has returned to key Central and South American destination during the first two months of this year, according to data from STR Global, the leading provider of market information for the world’s hotel industry.