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Weekly Hotel Performance Update – August 11 – 17, 2024

August 23, 2024 By SDTA Staff Leave a Comment

  • San Diego’s hotel performance continued to settle into its seasonal groove last week as the summer season draws down and as the back-to-school season sets in.
  • San Diego County sold just over 351,000 room nights, about 11,000 more than last year but on par for mid-August. That said, last week’s tally is about 17,000 below the total registered in 2019, and the summer season seems to be closing out a little earlier than the pre-pandemic norm.
  • Occupancy edged lower to 77.7% from the previous week’s 82.2%. Even so, occupancy stood 2.8% higher than last year.
    • Within the city, Mission Valley regained its mojo at 83.1% followed by Mission Bay, which has been a standout for most of the summer, at 82.3% and UTC at 79.4%.
    • Nationally, despite the week-over-week drop, San Diego still maintained 5th place among the top 25 and was 2nd in the western comp set behind Seattle (78.2%).
  • San Diego hotels continue to hold onto rate. ADR came in at $228, up 2.8% from 2023, and 4th among the top 25 and 1st among the western comp set.
  • The convention center hosted one event last week, good for about 40,000 room nights. Totaled up, the region sold 40,159 Group room nights at upscale+ properties, 10,000 more than in 2023. Group ADR was $319, up $20 from last year.

View the complete hotel performance report here.

Filed Under: Industry Trends, Meetings in San Diego, What's New Tagged With: ADR, data, Hotels, meetings, san diego, travel

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