Weekly Hotel Performance – December 26, 2021 to January 1, 2022
- Hotel room-night demand in San Diego County bounced back for the week spanning December 26, 2021 to January 1, 2022. A total of 295,310 room nights were sold throughout the county, well above the 2020 tally and on par with the final week of 2019.
- The rise in rooms sold drove the occupancy rate nearly 14 percentage points higher to 66.5% from 52.6% the week prior. San Diego ranked eighth among the top 25 markets and third in the western competitive set behind Orange County (72.9%) and Los Angeles (69.5%). Florida dominated the rankings nationwide, with Orlando, Tampa and Miami commanding the top three spots.
- Daily rates averaged $174 throughout the county, $27 more than the week earlier and $43 more than the final week of 2019. San Diego ADR ranked ninth among top markets and third in the competitive set behind Orange County ($211) and Los Angeles ($200). Miami, Oahu Island and New York rounded out the top three spots nationally last week.
- RevPAR rose to $116 in the final week of 2021, thanks to stronger room demand and the ability of hotels to charge a premium for the New Year’s holiday.
- South/East County held onto the top spot regionally for occupancy with 75.0% of available rooms sold, followed by Mission Valley (70.2%) and Northeast/Escondido (69.9%).
- Customers paid a little extra to enjoy the week heading into New Year’s near the water. Visitors to La Jolla’s Coastal region paid an average of $303 per night, followed by Mission Bay ($251) and Del Mar/Oceanside ($214).
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