- San Diego County hotels sold a total of 401,606 room nights last week, beating demand for the same week in both 2019 and 2022. San Diego ranked 3rd in the nation for occupancy, ADR and RevPAR.
- County occupancy averaged 89.2% throughout the week, with all regions nearing full occupancy on Saturday night; Downtown hotels were at 97.8%, I-15 Corridor at 97.7%, and Mission Valley at 97.1% on Saturday. San Diego ranked 3rd in the nation, behind Oahu Island at 90.7% and New York at 89.4%.
- I-15 Corridor hotels had the highest weekly occupancy at 95.4%, followed by Mission Valley at 90.9% and UTC at 90.4%.
- After the excitement of Comic-Con, county ADR dropped w/w by $23 to settle at $263, perfectly in line with the weekly rates of last summer. While only ahead of 2022 by $4, last week’s ADR was about $60 higher than the same week in 2019. San Diego ranked 3rd in the nation, below Oahu Island at $315 and New York at $273, but well ahead of Orange County at $237 and Los Angeles at $207.
- As Comic-Con moved out and LPL Financial moved in, events at the convention center contributed about 5,000 RNs to total demand through the week. Overall, Group demand among upscale+ hotels came to 48,640 RNs sold, averaging 25.4% occupancy (peaking on Thursday at 30.8%) with rates averaging $299. Demand was about 5,000 fewer than same week last year, but right on par with 2019 demand.
Leave a Reply