- With the summer travel season officially underway, San Diego County hotel demand rose significantly last week, mirroring the trend seen in past years. County hotels sold a total of 363,719 room nights last week, nearly 45,000 more RNs sold than the week prior, and only about 8,000 RNs shy of the same week last year.
- County occupancy jumped nearly 10 percentage points week-over-week to average 80.8%. San Diego remained ranked 4th in the nation and 1st in the western competitive set. The top three markets ahead of San Diego were New York (87.7%), Oahu Island (84.8%) and Boston (83.9%).
- Within the City of San Diego, Mission Valley properties had the highest average occupancy of 83.9% followed by I-15 Corridor hotels at 83.7% and Pt. Loma/Airport properties at 81.2%. All regions saw occupancy rise to the high-80s or low-90s on Saturday night.
- The convention center hosted one smaller primary event through the week with another group moving in towards the end of the week, contributing about 7,000 RNs to overall demand. All counted, Group demand among upscale+ hotels came to 53,112 RNs sold with an average occupancy of 27.9%, peaking on Tuesday at 34.9%, and an average rate of $281. Last week’s Group demand and occupancy is almost exactly what it was the same week of 2019 and 2022, but rates were about $40 higher.
- Average rates throughout the county rose $8 to reach $214 last week. Though San Francisco’s ADR rose a bit higher to $223, San Diego’s rates continue to trend ahead of Orange County ($212) and Los Angeles ($194).
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