- Room night demand rose marginally week-over-week with the Sunday night before Labor Day Monday experiencing the strongest demand throughout the county last week. San Diego County hotels sold 336,016 RNs last week, an increase of about 7,000 from the week prior and roughly 16,000 more than the same week in 2019 and 2021. The increase compared to past years is entirely attributable to stronger Group and Transient demand among upscale+ properties.
- County occupancy averaged 74.7%, up 1.6 points from the previous week and ranked San Diego 3rd in the nation. The top three markets for the week were New York, Oahu Island, and San Diego.
- Most regions throughout San Diego had average occupancies in the mid-to-high 70s with South/East County properties leading at 81.9%.
- Sunday night had the highest occupancy for the week at 88.8% throughout the county. Mission Bay properties were nearly at full capacity for the night, at 94.1%.
- Although the convention center did not host a primary event during this week, several large groups were in town for single property meetings, at the Town & Country, Hilton San Diego Bayfront, Sheraton Hotel & Marina, among others. Group occupancy among upscale+ properties averaged 22.8% for the week, peaking on Thursday at 36.6%, with a total of 42,472 RNs sold and an ADR of $235. Compared to 2019 demand, this last week sold 9,000 more RNs with rates roughly $25 higher.
- Transient demand among upscale+ properties was 88,177 RNs this last week with an average occupancy of 47.4%, peaking on Sunday at 78.5%, and an ADR of $301. This latest week sold roughly 7,200 more RNs than the same week in 2019 with rates almost $100 higher.
- Total market ADR dropped significantly after the holiday with rates averaging $204 for the week, down from $222 the week prior. San Diego remains the western leader in rates, however, and ranked 4th nationally. Last week’s average rate was roughly equal to the same week in 2021, but more than $50 higher than the same week of 2019.
- The dip in rates pulled down RevPAR for the week, losing $10 from the previous week to land at $153. San Diego ranked 4th in the nation.
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