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San Diego Lodging Performance – December 30, 2018 – January 5, 2019

January 9, 2019 By Niki McDonald Leave a Comment

San Diego hotel performance slumped in the first week of 2019 after the bump felt during the Christmas holiday.  Occupancy rates ranged from about 45% on the I-15 Corridor, to nearly 66% in Mission Bay.  All regions saw significant losses in occupancy compared to the same week in 2018, most notably in Downtown, down -15%, and Mission Valley, down -16% for the week.  Average daily rates ranged from $91 in Escondido to $226 in La Jolla, with only a handful of regions gaining over 2018.  Pt. Loma/Airport properties were able to achieve an almost 9% increase for the week, followed by La Jolla with a 7% increase.

Source: STR

 

Filed Under: Industry Trends

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