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The Central/South America Hotel Industry Reported Its Highest Performance Levels Since the Beginning of the Pandemic, According to October 2020

Hotel occupancy in Central and South America fell 52.7% to 29% in October as ADR dipped 21.4% to $66.68 and RevPAR dropped 62.8% to $19.36.

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Aggregate data for the Top 25 Markets showed lower occupancy (38.4%) but higher ADR (US$95.94) …