- San Diego experienced unseasonably warm weather last week, with temperatures roughly 20 degrees above normal for this time of year. The great weather helped boost demand by nearly 30,000 room nights over the previous week to a total of 280,779 room nights sold. This is about 50,000 fewer room nights sold than the same week in 2019 & 2020, but nearly 120,000 more than in 2021.
- County occupancy rose to 63.3%, up nearly 7 points from the week prior. San Diego occupancy ranked seventh in the nation (down from sixth the week before) and third in the western competitive set (unchanged), behind Phoenix (80.5%) and Los Angeles (69.1%). Phoenix, Miami and Tampa were the top markets for the week.
- Daily rates averaged $159 throughout the county, up $12 from the prior week and in line with the ADR of the same week in 2019 & 2020. San Diego ranked ninth among top markets (up from tenth the week ending Feb 5) and fourth in the western set (up from fifth).
- RevPAR rose to $101, an increase of $18 over the previous week and ranked San Diego ninth among top markets (down from eighth).
- Saturday night occupancies ranged from the mid-70s to high-80s in most regions of the county, with South/East County hotels peaking at 88.0% and Mission Valley at 87.4%.
- Group occupancy rose last week to 17.8%, up from 13.2% the week prior, with an ADR of $240.65. Transient occupancy also increased, at 34.3% this week with an ADR of $228.57.
- South/East County hotels had the highest average occupancy for the week at 75.8%, followed by Pt. Loma/Airport properties at 67.6% and Northeast/Escondido at 66.9%.
- Three regions saw daily rates average above $200 last week with La Jolla Coastal properties averaging $261, Downtown properties with $210 and Mission Bay hotels at $202.
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