- Data only includes Friday and Saturday night of Labor Day weekend.
- San Diego was the #1 RevPAR market at $142 due to strong occupancy and ADR. San Diego’s RevPAR was $2 higher than NYC and $24 higher than Oahu, a usual top contender. Oahu’s occupancy fell to 54% dropping RevPAR to $118.
- Compared to the previous week, the County occupancy declined from 70.5% to 68.2%, as hotel room night demand fell by 11,000 room nights in the week to 305,616 sold.
- San Diego’s occupancy of 68.2% was third-highest behind Houston (76.6%) and Boston (69%), but continues to be the top performer among the western region’s competitive markets. Los Angeles was second highest in the west at 65.9%, while San Francisco was at the bottom with 51.9%.
- The County ADR of $207 was 3rd highest among the top 25 markets in the U.S following Oahu ($221) and New York ($216), $16 higher than the previous week, and $60 higher than the same week in 2019.
- San Diego continues to outperform all its Western region competitors in Occupancy, ADR and RevPAR, and San Diego ADR has well exceeded 2019 rates for the last 6 weeks.
- Among Luxury, Upscale Chain properties, group occupancy fell 4% off the previous week to 18%, as Orthopedic Surgeons was in town for an in-person-only convention with an estimated 11,000 attendees. Phoenix also ran 18% group occupancy while the other western region markets are only seeing 3-8% group occupancy.
- The long holiday weekend pushed Saturday night occupancy into the 90s across the County, and the ADRs above $300 from Mission Bay north along the coast, and above $200 in Mission Valley, UTC, Downtown and Point Loma / Airport areas.
- While Downtown had a strong weekend, the weekday bump from Orthopedic Surgeons was felt Tuesday through Thursday with occupancies of 68%-74% and ADR ranging from $267 to $278 over those days. Downtown yielded the Friday night rate lower than the highs of Thursday and Saturday nights, even with Friday being the second-highest occupancy of the week and the start of Labor Day weekend.
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