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August 2019 Hotel Performance

October 7, 2019 By Niki McDonald Leave a Comment

San Diego hotels in the month of August averaged 82.6 percent occupancy, down -2.6 percent compared to 2018, while the average daily rate (ADR) was $179.66, a -1.8 percent reduction from last year.  San Diego occupancy for the month tied for 7th among top 25 markets, while ADR ranked 8th.

  • Occupancy and ADR both fell most days of the week compared to last year, with Wednesdays and Thursdays losing the most ground due to a reduction in business and group travel, which was down by -9.3 percent from last year. 
  • Group occupancy rates decreased by -18.1 percent while Transient occupancy rose by 5.4 percent among Upscale/UpperUpscale/Luxury segments only.
  • The Independent hotel category was the only hotel segment to see a rise in ADR for the month, up 3.4 percent over last year.
  • CYTD, San Diego occupancy is down -2.1 percent, ADR is up 1.8 percent, and RevPAR is down -0.4 percent compared to 2018.
Source: STR

SDTA Members can access the Latest Hotel Performance (STR) report at members.sandiego.org/sdta-members/research-and-reports.

Source: STR, Kalibri Labs

Filed Under: Industry Trends

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