- San Diego hotel demand continues to follow shoulder-season trends with hotels selling a total of 350,972 room nights last week, in line with the 342K RNs sold in the same week of 2019 and 354K RNs sold in 2022.
- Average occupancy throughout the county inched up week over week to settle at 77.9% last week. San Diego was ranked second in a close competition against other western destinations with Phoenix also at 77.9%, Los Angeles at 77.8% and Orange County at 77.5%. Nationally, San Diego clocked at 6th.
- Within the City of San Diego, business transient-heavy areas of I-15 Corridor and UTC had the highest average occupancy, at 83.3% and 82.9%, respectively, and Pt. Loma/Airport hotels rounding out the top three at 80.3%. All other regions averaged mid-to-high 70’s for the week.
- The convention center had a larger group in for most of the week which contributed about 40,000 RNs to total demand, while a second group moved in towards the end of the week adding another 4,000 RNs. All counted, Group demand came to 69,663 RNs sold for the week, raising Group occupancy to 36.5% with average rates at $291.
- Only Phoenix had a higher Group occupancy last week at 39.2%, but all other western destinations (minus Seattle) had a higher Group ADR above San Diego’s $291. This continues to build the case that San Diego remains a great value destination for group meetings.
- Average rates throughout the county remained flat w/w with guests paying an average $211 per night last week. Orange County and San Francisco were a bit higher at $232 and $227, respectively, while Los Angeles averaged $204.
View the complete hotel performance report here.