In year-over-year comparisons, occupancy for the region dropped 4.4 percent to 50.2 percent; average daily rate declined 7.1 percent to US$95.42; and revenue per available room decreased 11.2 percent to US$47.86.
Among major markets, San Juan, Puerto Rico, was the only location with a double-digit occupancy increase, rising 10.5 percent to 72.1 percent. Sao Paulo, Brazil, had the greatest ADR and RevPAR percent changes in U.S. dollars with increases of 28.7 percent (US$103.29) and 24.8 percent (US$69.96), respectively.
Performances of key countries in November (all monetary units in local currency):
*percentages are increases/decreases for November 2009 vs. November 2008
Global Hotel Review PDF for October 2009.
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