Despite stabilizing since early March, San Diego hotel performance continues to run a bit cooler than the same time last year. Despite a convention that generated 16,300 room nights, overall Group room nights at upscale+ properties last week lagged last year’s tally by 15,500, accounting for the total year-over-year drop of 13,000 room nights across the entire market.
- San Diego hotels sold 332,940 room nights last week, about 13,000 room nights shy of the same week last year.
- Occupancy averaged 73.2%, reflecting a 4.6% year-over-year decline, ranking San Diego 7th among the top 25 U.S. markets and secured the #2 spot in the Western competitive set.
- Nationally, the top-performing markets for occupancy last week were New York (87.4%), Miami (80.6%), and Oahu (78.0%).
- Locally, Mission Bay led for occupancy among the submarkets at 83.0%, followed by Downtown (74.4%) and UTC (72.7%).
- ADR was $198, a 3.2% decrease year-over-year.
- Upscale+ properties sold 39,746 GROUP room nights, with an ADR of $302 (+2.3% YoY).
View the complete hotel performance report here.
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