Hotels in Mexico Report Q3 2016 Increase in ADR, OR and RevPAR

According to data compiled by STR, the Mexican hotel industry recorded positive results in the three key performance metrics for the third quarter of 2016.

Compared with Q3 2015, the Mexican hotel industry’s occupancy increased 2.1% to 63.5%, ADR was up 14.0% to MXN2,067.44, while RevPAR grew 16.3% to MXN1,312.17.

With double-digit increases in ADR, all five key markets in the country posted double-digit growth in RevPAR, led by Central Mexico (+16.5% to MXN785.20) and Northwest Mexico (+16.0% to MXN1,141.79).

The Yucatan Peninsula recorded the quarter’s highest absolute values across the three key performance metrics: occupancy (68.9%), ADR (MXN3,170.60) and RevPAR (MXN2,183.72).

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