South America Hotel Profitability Still Slumping

STR | April 6, 2022

HENDERSONVILLE, Tennessee — April 6, 2022 — Key hotel markets in South America are still struggling to regain profitability due to inflation, pandemic-driven gaps in travel, and lessened impact from events, according to STR’s February 2022 P&L data release. Building on its initial launch in the U.S., STR now features monthly P&L data reporting in four world regions: Europe, Middle East/Africa, Asia Pacific, and the Americas.   “Most of the markets in the region are only averaging around 36% of their pre-pandemic levels in gross operating profit per available room,” said Patricia Boo, STR’s area direction f...