During the first week of April, San Diego hotels experienced fluctuations in occupancy growth while average daily rates remained on an upward trend. Occupancy rates ranged from 73 percent in the I-15 Corridor to nearly 89 percent in Mission Valley. While half of the regions declined in occupancy compared to the same week in 2018, several regions experienced growth – the … [Read more...] about San Diego Lodging Performance – March 31-April 6, 2019
San Diego Lodging Performance – February 17-23, 2019
The eighth week of 2019 saw continued decline in occupancy rates as average daily rates creeped upward among San Diego hotels, when compared to the same period in 2018. The year-over-year decline in occupancy rates may be explained by the American Academy of Dermatology annual meeting that was held during this period in 2018 (providing 7,700 room nights during its peak) which … [Read more...] about San Diego Lodging Performance – February 17-23, 2019
January 2019 Hotel Performance
San Diego properties saw strong growth compared to 2018, but actuals fell below most of the western region comp set cities. Occupancy SD County occupancy was 69.5%, up 3.6% from 2018 City of San Diego was 72.8%, a 4.1% improvement from 2018 The best performing regions for the month were North Coastal (UTC, I-5 corridor) with occupancy at 75.6%, followed … [Read more...] about January 2019 Hotel Performance
San Diego Lodging Performance – February 10-16, 2019
During the week of Valentine’s Day in San Diego, occupancy rates dipped across the county while average daily rates continued to climb upwards. Occupancy rates ranged from nearly 68% in Escondido to 85% among Downtown properties, though most regions saw declines compared to the same period in 2018. The only two regions to have increases were properties in the I-15 Corridor at … [Read more...] about San Diego Lodging Performance – February 10-16, 2019
San Diego Lodging Performance – February 3-9, 2019
In the first full week of February, San Diego hotels saw a decrease in occupancy compared to the same period last year, but average daily rates improved. Occupancy rates ranged from 64% in Escondido to 82% in the UTC area. The only region that increased in occupancy over 2018 was UTC with a modest 1.6% growth. Average daily rates ranged from $108 in Escondido to $232 in La … [Read more...] about San Diego Lodging Performance – February 3-9, 2019