- San Diego County hotel demand dipped slightly last week by about 15,000 from the week prior but remains perfectly in line with weekly demand trend seen in 2019 and 2022. County hotels sold atotal of 386,918 room nights, equal to the demand seen during the same week in 2019, and roughly 9,000 more than 2022.
- Average occupancy came in at 85.9%, lifting San Diego to 2nd place in the national rankings, just behind New York at 86.6% and ahead of Boston at 84.3%. The region was nearly sold out on Saturday night with City of San Diego property occupancy peaking at 97.6%.
- At $260, County ADR resisted the downward trend normally seen at this point of summer, edging just $3 below the prior week’s average. Last week’s ADR is $15 higher than the same week in 2022 and $65 higher than 2019. San Diego had the 3rd highest ADR in the nation, below Oahu Island at $308 and New York at $268.
- Much of last week’s strong performance can be attributed to activity at the convention center with two primary events moving through the center and contributing nearly 19,000 blocked room nights to total demand. Overall, Group demand among upscale+ hotels totaled 61,068 RNs sold with an average occupancy of 31.9% and rates of $292 – far ahead of same week in 2022 when Group demand was 46,000 and rates at $277.
Russ Cunningham says
Hi Julia. What is the source of the hotel daily rate data?
James Hebert says
Hi Russ, the data comes from STR Inc.