Latest Weekly Hotel Performance – August 8-14, 2021
- San Diego remains one of the best performing destinations among top 25 markets in the U.S. this summer.
- County demand and occupancy declined to 328,238 room nights sold and 73.4% occupancy, respectively. San Diego’s occupancy stayed at third highest behind Norfolk and Oahu, both averaging 80% occupancy.
- Last week, San Diego demand was just 11% behind 2019 compared to the Western Region competitive set behind 17%, and the rest of US markets 16% behind 2019.
- San Diego ADR dipped $8 to $208, again 2nd highest in U.S. and #1 in the western region. San Diego’s ADR was $13 higher than Orange County, $18 higher than Los Angeles and $30 higher than the same week in 2019.
- San Diego’s strong occupancy and hotel room rate ramined as 2nd highest hotel RevPAR in the U.S. at $153 following Oahu at $203.
- Among luxurious, upscale chain properties, San Diego group occupancy was 11.9%. San Diego and Orange County (12.1%) are running highest group occupancies in the western region, with other markets averaging 4-8%.
- The weekday occupancies were mostly in 6the 0s and 70s with weekends increasing to high 80s to low 90s.
- UTC, I-15 Corridor, and Del Mar/Oceanside had the lowest occupancies of 69% and South/East County the high of 82.3%.
- La Jolla Coastal and Mission Bay continued to push hotel room rate in the mid $300s averaging around $150 higher than County average.
- South/East County averaged the highest occupancy in the county (82.3%) and the lowest average rate ($135) last week, combining for an average RevPAR of $113.
- While South/East County averaged the lowest RevPAR in the county, it would have ranked 8th among the Top 25 U.S. markets.
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