Weekly Hotel Performance (June 14-20, 2020)

Weekly Hotel Performance – June 14-20, 2020 – STR

• Room night demand grew to 162,874 throughout the county, a 4.5% increase from last week. This brought occupancy to 44.5% with a base supply of 52,321 rooms.
• The county’s average daily rate grew by $6 to reach $110 for the week, with properties in Mission Bay boasting the highest ADR at $180, followed by properties in La Jolla at $171, and Downtown properties at $131.
• Weekend nights once again achieved the highest room demand and ADR throughout the county.
• San Diego County occupancy ranked 6^th among top 25 markets and 2^nd in the western competitive set (behind Phoenix).  ADR ranked 7^th among top 25 markets, and 4^th among the comp set (behind Anaheim, Los Angeles and San Francisco)
• In the City of San Diego, room demand grew by 5.5% over the previous week to 94,895 rooms sold, and an average rate of $114.