The Central/South America region reported hotel occupancy rose 4.1% to 60.5% in November. ADR increased 7.5% to $90.54 and RevPAR rose 11.9% to $54.77.
The Central/South America region reported 20,198 hotel rooms in construction in January, which is a 6.1% year-over-year increase.
The evolution of Mexicos hotel industry over the past 25 years has accompanied important structural economic and political changes, including greater integration to the global economy and the gradual, if at times inconsistent, construction of democratic institutions.
Hotels in Central and South America saw hotel occupancy increase 1.2% to 58.8% in 2019 as ADR rose 8% to $96.25 and RevPAR increased 9.3% to $56.55.