San Diego County averaged 49% occupancy, down 43% from the 87% occupancy recorded in July 2019.The average daily rate was $132, down 37% from the average of $208 in July 2019.Consequently, revenue per available room (RevPAR) declined 64% to just $65.San Diego’s July performance was strong relative to the rest of the U.S. top 25 markets, with RevPAR 2nd only to Norfolk, … [Read more...] about Hotel Industry Performance – July 2020
Top Headlines of the Week: August 24 – August 28
Each week, the San Diego Tourism Authority will gather headlines that highlight coronavirus' impact on the hospitality and tourism industries, as well as how the San Diego region is faring in these unprecedented times. August 28 Remember the ‘travel bubble’? Here’s how it burst — The New York Times August 27 Making up for lost time: 2021 is gearing up to be an epic … [Read more...] about Top Headlines of the Week: August 24 – August 28
Weekly Hotel Performance (August 16-22, 2020)
Hotel Performance – week of August 16-22, 2020Source: STR, Inc. The hotel supply is back to 63,227 rooms, almost 100% of pre-COVID levels (63,897).Again, last week’s demand outperformed the previous week reaching a high of 239,595 hotel room nights sold in the County.Occupancy averaged 54%, 2nd highest among top 25 markets behind Norfolk, VA and highest in the western region … [Read more...] about Weekly Hotel Performance (August 16-22, 2020)
Top Headlines of the Week: August 17 – August 21
Each week, the San Diego Tourism Authority will gather headlines that highlight coronavirus' impact on the hospitality and tourism industries, as well as how the San Diego region is faring in these unprecedented times. August 21 Europe's travel windows are slamming shut — CNN August 20 Travel advisors weigh in on the holiday travel season — TravelPulseThe number of … [Read more...] about Top Headlines of the Week: August 17 – August 21
Weekly Hotel Performance (August 9-15, 2020)
Hotel Performance – week of August 9-15, 2020 Source: STR, Inc. The hotel supply is back to 62,864 rooms, almost 100% of pre-COVID levels of 63,897.Every week demand has increased, and last week was no exception, reaching a high of 227,923 hotel room nights sold in the County.Occupancy averaged 52%, 3rd highest among top 25 markets and highest in the western region … [Read more...] about Weekly Hotel Performance (August 9-15, 2020)