- San Diego was once again plagued with rain over the weekend, dampening hotel demand towards the end of the week. As a result, weekly demand decreased by 20,000 room nights from the previous week to settle at 342,239 room nights sold this last week. While this level of demand is equal to that of the same week last year, it is about 20K fewer RNs sold than the same week in 2019.
- County occupancy averaged 75.6%, buoyed by strong Group occupancy in the earlier half of the week. Overall, San Diego ranked 8th in the nation and 3rd in the western competitive set, below Phoenix (83.7%) and San Francisco (77.9%). The top three markets were Miami at 84.4%, Phoenix, and New York at 83.3%.
- Within the City of San Diego, Mission Valley hotels and I-15 Corridor hotels tied for the highest average occupancy at 80.3%, followed closely by Pt. Loma/Airport hotels at 79.4%.
- Among upscale+ properties, Group demand totaled 47,754 RNs sold, almost identical to the same week of the past two years. Group occupancy averaged 26.2%, peaking on Tuesday at 34.8%, with rates at $286.
- Total market ADR continued on a downward trend to settle at $200 last week. Among western markets, San Francisco and Phoenix had the highest weekly ADRs at $266 and $246 respectively, while Orange County was at $208 and Los Angeles was $190.
View the complete hotel performance report here.
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