Room at the Inn.

Room at the Inn
IF YOU CAN'T GET A HOTEL DISCOUNT IN LIMA, YOU AREN'T TRYING VERY HARD.
The Peruvian capital and other Latin American destinations are finding
it hard to keep their hotels filled--and at prices that are profitable.
Cancun is doing well, but hotel occupancy and room rates have
been dropping steadily in places like Buenos Aires and Panama City.
                         Average room rate  Occupancy rate
Cancun, Mexico                 $145              80%
San Jose, Costa Rica           $123              74%
Mexico City, Mexico            $132              69%
Buenos Aires, Argentina        $147              59%
Panama City, Panama            $108              57%
Santiago, Chile                $134              55%
Sao Paulo, Brazil              $144              53%
Lima, Peru                      $93              48%
SOURCE: Arthur Andersen
Note: Table made from bar graph