- Hotel demand throughout San Diego County has been fairly consistent over the past few weeks with properties selling between 340K and 345K room nights each week since mid-February. Increased Group demand has helped buoy the historically lighter winter leisure market. Overall, weekly demand remains perfectly in-line with February 2019 demand.
- Average occupancy was at 75.6% last week, keeping San Diego ranked 6th in the nation and 2nd in the western competitive set. The top three markets were Tampa (84.7%), Phoenix (84.2%) and Miami (81.3%).
- Mission Valley properties had the highest average occupancy last week at 80.7%, followed closely by Downtown at 79.8% and UTC at 79.6%.
- A few smaller primary events were moving out of the convention center, contributing around 5,100 RNs to the total demand. Overall, Group demand totaled 65,303 RNs (about 5K more than the same week of 2019) with occupancy of 34.1% peaking on Tuesday at 44.5%, and an average rate of $289. Rates persist at $40-$50 higher than past years.
- County rates averaged at $200 through the week, in line with other California markets with San Francisco at $200, Los Angeles at $195 and Orange County at $194.
View the complete hotel performance report here.
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