Weekly Hotel Performance - January 17-23, 2021

Hotel room demand remained stable while still under stay at home orders. Last week was down about 2,000 room nights from week prior.
Coastal areas saw highs on Sunday night with extended demand through the three-day MLK holiday weekend.
La Jolla Coastal, Mission Bay and Downtown hotels saw an uptick in demand on Friday and Saturday nights, albeit from low weekday levels.
San Diego County occupancy was 34.5%, ranking 15^th among top markets and 4^th in the western competitive set (behind Phoenix 49.0%, Los Angeles 43.0%, and Anaheim 34.9%).
South/East County properties continue to have the highest occupancy at 61.7% this week, followed by Northeast/Escondido at 52.8%, and Mission Valley at 39.2%.
County ADR was $97, ranking San Diego 10^th among top markets and 5^th in the western comp set (behind Los Angeles $111, San Francisco $105, Phoenix $100, and Anaheim $99).
Top performing regions in ADR remain La Jolla Coastal properties achieving $165 this week, followed by Mission Bay at $122, and Downtown at $116.
County RevPAR was $34, ranking San Diego 10^th among top markets and 4^th in the western comp set (behind Phoenix $49, Los Angeles $48, and Anaheim $35).

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