In the second week of April, San Diego saw decreased hotel occupancy rates compared to last year, though most regions experienced an increase in average daily rates. Occupancy rates ranged from 69 percent in Del Mar/Oceanside to 85.9 percent Downtown. The only region to have improved in occupancy compared to last year was I-15 Corridor with a modest 1.3 percent increase. Average daily rates ranged from $113 in Escondido to $254 in La Jolla, with all but two regions improving since last year. The regions with the most growth were I-15 Corridor at 6.3 percent, followed by Mission Bay at 5.5 percent growth. Much of the decline in occupancy YOY may be due to Ellucian Live Conference that was at the convention center this time last year and did not return in 2019.
Source: STR
Leave a Reply