by Michael J. Shapiro | October 26, 2011

Hotels in the Americas reported year-over-year increases in all performance metrics for the month of September, according to data released last week by Smith Travel Research. Overall, the region experienced a 5.4 percent rise in occupancy, 3.8 percent gain in average daily rate and a 9.4 percent hike in revenue per available room. Four markets enjoyed double-digit RevPAR increases, led by Miami with 24.4 percent growth. Buenos Aires, Argentina, enjoyed a 21.7 percent increase, while San Francisco and Los Angeles followed with RevPAR rises of 14.0 and 13.7 percent, respectively. Buenos Aires posted the largest increase in average daily rate, at 19.4 percent, and Miami reported the highest occupancy increase, growing by 12.6 percent over last year.