- Weekly hotel demand rose week over week by 10,000 room nights, reaching 363,736 room nights sold last week. This is about 10,000 more RNs sold than in the same week of 2023, but about 5,000 RNs shy of 2019. The rise in demand is attributed to leisure as spring break kicks off.
- San Diego County averaged 80.4% occupancy through the week, peaking on Tuesday at 83.4%. San Diego ranked 7th in the nation and 3rd in the western competitive set, below Phoenix at 86.1% and Orange County at 80.9%. San Diego was wedged tightly between the other Socal destinations with Orange County slightly ahead and Los Angeles slightly behind at 80.0%. The top three markets for the week were New York (86.7%), Tampa (86.3%) and Phoenix.
- City of San Diego properties averaged 81.1% occupancy with Mission Valley hotels leading the pack at 83.6%, followed by Pt. Loma/Airport hotels at 83.4% and Downtown at 80.5%.
- Among upscale+ hotels, Group demand totaled 56,942 RNs sold with an average occupancy of 31.2% and rates of $299. This is a significant boost from the same week of years’ past when demand was below 50K RNs.
- Total market ADR dipped slightly from week prior, down by $7 to settle at $206 last week. San Diego was a bit more affordable than Orange County ($255) and Phoenix ($254), but remains comparable to Los Angeles at $201.
View the complete hotel performance report here.
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