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Weekly Hotel Performance – December 6-12, 2020

December 17, 2020 By Niki McDonald Leave a Comment

  • The state of California enacted new COVID restrictions in response to the latest spike in cases and ICU hospitalizations. Notably, San Diego County was required to enact a stay-at-home order beginning December 7 for at least three weeks. As part of the restrictions, hotels are no longer allowed to accept leisure guests and can only operate for essential travelers.
  • Hotel room demand fell to 141,646 room nights sold, a decline of nearly 30,000 room nights from the week before.
  • County occupancy dropped to 32.2% causing San Diego’s national ranking to fall to 16th place and 4th in the western competitive set (behind Phoenix 45.8%, Los Angeles 39.6%, and Anaheim 32.8%).
  • Looking across the week, weekend occupancies flattened in line with weekdays in coastal areas and downtown. Downtown, La Jolla Coastal and Mission Bay all ended the week under 20% occupancy.
  • South/East County continued with highest occupancy at 59.5%, followed by Northeast/Escondido at 47.8%, and Mission Valley at 37.2%.
  • County ADR slid to $97 this week ranking San Diego 7th among top markets and 4th in the western comp set (behind Los Angeles $113, San Francisco $105, and Anaheim $98).
  • La Jolla continues to lead in ADR with $156 this week, followed by Downtown with $115 and Mission Bay with $114.
  • RevPAR fell to $31 ranking San Diego 10th in the nation and 4th in the western comp set (behind Los Angeles $45, Phoenix $42, and Anaheim $32).

Filed Under: Industry Trends

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