- Hotel demand in San Diego continued its upward trajectory with the county selling a total of 365,543 room nights this last week. This represents an increase of 6,000 room nights over the previous week and surpasses the total number of room nights sold in the same week of 2019 by more than 2,300 room nights – the first week in which room night demand exceeded pre-pandemic levels since the recovery began.
- County occupancy rose to 81.0%, slightly higher than the week prior and ranking San Diego 5th in the nation (unchanged from last week). San Diego hotels also ranked 2nd in the western competitive set (unchanged), below Phoenix at 84.0%. The top three markets in the nation were Tampa, Phoenix, and Orlando.
- Average daily rates remained at $195 for the week ranking San Diego 8th among top markets (down from 7th) and 4th in the western set (down from 3rd) below Phoenix ($230), San Francisco ($220) and Los Angeles ($203).
- RevPAR increased by a dollar to $158 this week, ranking the county 8th among top markets.
- Among upscale properties, group room night demand appears to have normalized with occupancy rates hovering around 25-26% for the last few weeks. Group occupancy was 25.5% with an ADR of $245. Transient occupancy was unchanged from the previous week at 49.8% while ADR rose by $4 to $289.
- Average weekly occupancy remained quite high for all regions throughout the county, ranging from 76.7% Downtown to 86.8% in UTC. Saturday night occupancy ranged from 87.1% in Del Mar/Oceanside to 94.6% in South/East County.
- High room rates persisted at La Jolla Coastal properties, where ADR registered $315 this week, followed by Mission Bay at $269 and Downtown at $231.
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