San Diego’s hotel performance remains stable, but momentum has slowed somewhat, and transient has weakened over the past two weeks relative to 2024. That said, cumulative room night production so far in 2025 is basically flat compared with 2024.
- San Diego hotels sold a total of 326,592 room nights last week, approximately 9,000 fewer than the same week in 2024.
- The market recorded an average occupancy rate of 71.8%, representing a 3.7% year-over-year decline. Among the top 25 U.S. markets, San Diego ranked 12th in occupancy and 5th within the western competitive set.
- The top-performing U.S. markets for the week were New York (87.9%), Miami (85.3%), and San Francisco (81.9%).
- San Francisco got a huge boost from the RSA conference, which brought in around 45,000 attendees, while Miami hosted the F1 Grand Prix over the weekend.
- Among TMD regions, thehighest occupancy rates were observed in the Pt. Loma (79.1%), UTC (77.9%), and La Jolla (76.8%) submarkets.
- The top-performing U.S. markets for the week were New York (87.9%), Miami (85.3%), and San Francisco (81.9%).
- ADR was reached $210, marking a 3.1% increase compared to the same week last year.
- Upscale+ properties sold 66,921group room nights at an ADR of $305, up 3.9% from the previous year.
- Digestive Disease Week was at the convention center, generating 18,000 room nights and remained in the convention center into the following week, which will produce an expected 20,000 room nights in next week’s report.
View the complete hotel performance report here.
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