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Weekly Hotel Performance (March 15-21)

March 27, 2020 By Hallie Jacobs 1 Comment

  • Average occupancy fell to 28% in the County last week, with an average daily rate of $109.27.
  • Downtown and La Jolla Coastal experienced the biggest RevPAR declines of almost 90%.
  • San Francisco, New York and New Orleans lead hotel room revenue declines in the top 25 U.S. markets.
  • In western competitive cities, the upscale to luxury properties group segment evaporated last week, and there is little transient left.   

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Filed Under: Coronavirus Reports, Industry Trends

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Comments

  1. Patrick Cheah says

    April 9, 2020 at 12:36 pm

    Thanks for keeping us updated Alisha…. Any light you cn share on why San Diego South is able to capture 55% Occ. Mission Valley & Escondido in their high 30s?

    Reply

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