Welcome to DDgle.com
Your position:Home  >  News Home >  Industry  >  STR: 2017 hotel performance for US&Canada

STR: 2017 hotel performance for US&Canada

STR,hotel performance,Mexico’s hotel industry,STR: 2017 hotel performance for US&Canada

 

STR released 2017 performance results for hotels in the U.S., Canada, Caribbean and Mexico.

Mexico’s hotel industry reported positive year-over-year growth in the three key performance metrics. Occupancy rose 0.5% to 63.9% in 2017, while ADR jumped 6% to 2,323.31 Mexican pesos ($124.77) and RevPAR increased 6.4% to 1,484.81 pesos ($79.74).

Also reporting positive year-over-year growth in the three key performance metrics for 2017 was the Canadian hotel industry. Occupancy gained 2.4% to 65.9%, with a 5.2% increase in ADR to 156.73 Canadian dollars ($127.27) and RevPAR grew 7.7% to CA$103.31 ($83.89).

Hotels in the Caribbean reported mixed year-over-year results in the three key performance indicators during the same time. Occupancy dropped 1.2% to 66.4%, while ADR increased 1.9% to $204.64 and RevPAR rose 0.7% to $135.85.

Hotels in the U.S. reported record-breaking performance levels for 2017. Occupancy was up 0.9% to 65.9%, ADR rose 2.1% to $126.72 and RevPAR jumped 3.0% to $83.57. The absolute values in those metrics were the highest STR has ever benchmarked.



aHR0cDovL2VuLmppYWdsZS5jb20vY3MtbmV3cy9TVFItMjAxNy1ob3RlbC1wZXJmb3JtYW5jZS1mb3ItVVNDYW5hZGEtMTEwMTk3NS5odG1s
0
news