During the 40th week of 2019, San Diego hotels experienced a considerable contraction in average occupancy rates compared to the same week last year. Occupancy rates ranged from 66.3% in the I-15 Corridor to 79.4% in Mission Bay, with all regions but one reducing average occupancy compared to last year. The only region to improve in occupancy over last year was Del … [Read more...] about San Diego Lodging Performance – September 29-October 5, 2019
San Diego Lodging Performance – September 22-28, 2019
During the last full week of September 2019, average occupancy rates among San Diego hotels ranged from 72.6% in Del Mar/Oceanside to 92.5% Downtown. All regions but one grew their average occupancy compared to the same week in 2018, with properties Downtown improving the most with 6.9% growth, followed by properties in Del Mar/Oceanside with a 4.0% increase. Average daily … [Read more...] about San Diego Lodging Performance – September 22-28, 2019
August 2019 Hotel Performance
San Diego hotels in the month of August averaged 82.6 percent occupancy, down -2.6 percent compared to 2018, while the average daily rate (ADR) was $179.66, a -1.8 percent reduction from last year. San Diego occupancy for the month tied for 7th among top 25 markets, while ADR ranked 8th. Occupancy and ADR both fell most days of the week compared to last year, with … [Read more...] about August 2019 Hotel Performance
San Diego Lodging Performance – September 15-21, 2019
During the third week of September 2019, San Diego hotels saw average occupancy range from 74.3% in Escondido to 91.5% in the UTC area. All regions but one experienced solid growth in occupancy this week compared to the same time last year, with hotels in Del Mar/Oceanside improving the most by 10.7%, followed by properties in La Jolla and Downtown rising by 10.0% over last … [Read more...] about San Diego Lodging Performance – September 15-21, 2019
July 2019 Hotel Performance
San Diego hotels in the month of July averaged 86.7 percent occupancy, down 2.4 percent compared to 2018, while the average daily rate (ADR) was $208.07, flat over last year (-0.2 percent). San Diego occupancy for the month ranked 4th among top 25 markets, while ADR ranked 5th. ADR grew on Sundays, Mondays, and Thursdays, by 4%, 1%, and 3% respectively. Weekends were … [Read more...] about July 2019 Hotel Performance