- San Diego’s hotel performance continued to settle into its seasonal groove last week as the summer season draws down and as the back-to-school season sets in.
- San Diego County sold just over 351,000 room nights, about 11,000 more than last year but on par for mid-August. That said, last week’s tally is about 17,000 below the total registered in 2019, and the summer season seems to be closing out a little earlier than the pre-pandemic norm.
- Occupancy edged lower to 77.7% from the previous week’s 82.2%. Even so, occupancy stood 2.8% higher than last year.
- Within the city, Mission Valley regained its mojo at 83.1% followed by Mission Bay, which has been a standout for most of the summer, at 82.3% and UTC at 79.4%.
- Nationally, despite the week-over-week drop, San Diego still maintained 5th place among the top 25 and was 2nd in the western comp set behind Seattle (78.2%).
- San Diego hotels continue to hold onto rate. ADR came in at $228, up 2.8% from 2023, and 4th among the top 25 and 1st among the western comp set.
- The convention center hosted one event last week, good for about 40,000 room nights. Totaled up, the region sold 40,159 Group room nights at upscale+ properties, 10,000 more than in 2023. Group ADR was $319, up $20 from last year.
View the complete hotel performance report here.
Leave a Reply