- Following Sunday night of Labor Day weekend in the high 80s to low 90s throughout most of the San Diego region, weekday occupancies took a post-holiday dip into the 40s and 50s but climbed back into the 70s and 80s last weekend.
- San Diego’s RevPAR of $116 was the #2 RevPAR market last week behind NYC at $161. San Diego’s RevPAR was $5-6 above Los Angeles and Orange County.
- Compared to previous week, the County occupancy declined from 68.2% to 65.6% as hotel room night demand fell by 12,000 room nights in the week to 293,769 sold.
- San Diego’s occupancy of 65.6% was fourth highest in US behind Denver (72.6%), New Orleans (67.4%) and New York (67.3%), but was again top performer among the western region competitive markets.
- The County ADR of $177 was 3rd highest among top 25 markets in the U.S following Oahu ($215) and New York ($239).
- San Diego continues to outperform all its Western region competitors in Occupancy and RevPAR, but fell $2 behind Orange County last week in ADR. San Diego has well exceeded 2019 rates for the last 7 weeks, but gap closed to $10 above 2019 last week.
- Among Luxury, Upscale Chain properties, group occupancy fell to 10%. Phoenix saw similar fall to 11%, while Orange County saw small increase to 9%.
- The South/East region had the occupancy high of 78.7%, while I-15 corridor was the low at 57.4%. The average daily rates ranged from $305 in La Jolla Coastal $119 is South/East region.
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