Source: STR Weekly Hotel Performance – June 14-20, 2020 – STR Room night demand grew to 162,874 throughout the county, a 4.5% increase from last week. This brought occupancy to 44.5% with a base supply of 52,321 rooms.The county’s average daily rate grew by $6 to reach $110 for the week, with properties in Mission Bay boasting the highest ADR at $180, followed by … [Read more...] about Weekly Hotel Performance (June 14-20, 2020)
Weekly Hotel Performance (June 7-13, 2020)
Source: STR, Inc. Hotel Performance Week of June 7-13, 2020 – STR Hotel room demand rose by 13% over previous week to 155,500 room nights sold, as hotels were allowed to open for leisure travel again over the weekend. As a result, occupancy rose to 43% with a base supply of 51,816 rooms.Weekend nights again report peak demand and ADR; Saturday night saw highest … [Read more...] about Weekly Hotel Performance (June 7-13, 2020)
Tourism Industry Performance – April 2020
As the state-issued shelter-at-home orders continued through the month of April, the tourism industry including hotels, attractions, museums, restaurants, and bars remained closed to non-essential guests throughout San Diego County resulting in significant economic loss to the tourism industry. Visitation in April fell to about 10% of usual levels with 161,000 … [Read more...] about Tourism Industry Performance – April 2020
Weekly Hotel Performance (May 17-23)
Source: STR, Inc. Hotel room demand inched up again this past week reaching 130,000 room nights, which was the 10th highest in U.S. as other markets start to reopen ahead of California.Occupancy in San Diego County reached 38% on a supply base of 48,828 hotel rooms. The average daily rate (ADR) increased by $4 to $97, following weeks of it hovering around $93. The ADR for … [Read more...] about Weekly Hotel Performance (May 17-23)
Tourism Industry Performance – March 2020
Source: CIC Research COVID-19 reached San Diego in early March, causing a total shutdown of the tourism industry. All attractions, restaurants, and lodging services closed their doors to guests by the middle of the month as official stay-at-home orders issued by the state went into effect Thursday, March 19. With county shelter-in-place measures beginning … [Read more...] about Tourism Industry Performance – March 2020