Hotels in the Central/South America region reported mostly positive performance results during February 2020, according to data from STR.
U.S. dollar constant currency, February 2020 vs. February 2019
- Occupancy: +0.9% to 56.5%
- Average daily rate (ADR): +2.8% to US$91.57
- Revenue per available room (RevPAR): +3.7% to US$51.75
February data had not yet shown the COVID-19 impact on hotels across the region. STR continues to monitor the situation and will host a webinar specific to LATAM performance, alternating between Spanish and Portuguese, every Tuesday, starting 24 March at 8:30 a.m. CST (13:30 GMT).