Positive March 2015 Results for Hotels in Americas; Boston RevPAR Up 20.7%

According to data compiled by STR, the Americas region recorded positive March 2015 results in the three key performance metrics when reported in U.S. dollars.

Compared to March 2014, the Americas region reported a 2.2% increase in occupancy to 66.6%, a 4.1% increase in ADR to US$122.35 and a 6.3% increase in RevPAR to US$81.44.

Among the key markets in the region, São Paulo, Brazil, reported the largest occupancy increase, up 11.1% to 69.2%. Boston, Massachusetts, followed with a 9.3% occupancy increase to 75.2%.

Buenos Aires, Argentina, experienced the largest occupancy decrease, down 7.1% to 59.4%.

San Francisco/San Mateo, California, posted the largest ADR increase, rising 13.5% to US$210.50. Boston followed with a 10.5% increase to US$170.05.

Boston also reported the largest RevPAR growth, up 20.7% to US$127.93.

Rio de Janeiro, Brazil, experienced the steepest decreases in both ADR (-33.5% to US$160.89) and RevPAR (-37.1% to US$110.14).