- The month of December started with steady daily room demand, but much of the State of California went back into lockdown on December 6 due to the surge in COVID-related hospitalizations. As a result, hotels were required to limit reservations to essential travel only.
- The third week of December saw the lowest room demand in recent months with a total of 125,630 room nights sold, similar to weekly demand levels back in May, with the Christmas holiday weekend being the highlight of the week.
- The month of December completed the month with 348,328 room nights sold, average occupancy of 27.6%, and ADR of $100 in the City of San Diego – similar to hotel performance in the beginning of the COVID pandemic.
- The most recent week of data shows an increase in room demand from prior week with a total of 149,306 room nights sold. New Year’s Eve had the highest demand at 26,276 room nights sold throughout the county.
- County occupancy rose slightly from previous week to 34.0%, ranking San Diego 17th among top markets and 4th in the western competitive set (behind Phoenix 53.2%, Los Angeles 39.3%, and Anaheim 34.6%).
- South/East County properties continue to have the highest occupancy, this week at 60.6%, followed by Northeast/Escondido properties at 47.5%, and Mission Valley at 38.2%.
- County ADR was $106 ranking San Diego 11th among top markets and 5th in the western comp set (behind Los Angeles $114, Phoenix $114, Anaheim $113, and San Francisco $111).
- La Jolla Coastal had the highest ADR at $198, followed by Mission Bay at $156, and Downtown at $123.
- RevPAR was $36 for the week, ranking San Diego 13th among top markets and 4th in the western comp set (behind Phoenix $61, Los Angeles $45, and Anaheim $39).
Leave a Reply