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by Michael J. Shapiro | August 31, 2011

The Brazilian destinations of Sao Paulo and Río de Janeiro enjoyed significant year-over-year average daily hotel rate increases for the month of July, according to data released last week from Smith Travel Research. Sao Paulo’s rate jumped by 33.8 percent (to US$143.20), followed by Río’s increase of 24.8 percent (to US$198.97), the most in the Americas region. The two cities saw the biggest jumps in revenue per available room as well, with Sao Paulo (up 39.8 percent) again leading Río de Janeiro (up 38.1 percent). Santiago, Chile, reported the largest occupancy increase (up 12.2 percent), followed by Montreal (up 11.7 percent); Miami (up 11.4 percent), and Río de Janeiro (up 10.7 percent). Overall, the Americas region enjoyed a 2.9 percent increase in occupancy, 4.5 percent hike in average daily rate and 7.5 percent growth in RevPAR.