San Diego hotels in the month of May averaged 74.2 percent occupancy, down 4.4 percent compared to 2018. The average daily rate (ADR) was $166.03, a 3 percent improvement over last year. Though ADR was up for the month, RevPAR fell by 1.6 percent compared to last year. Tuesday was the only day of the week that retracted in ADR; Friday and Saturday nights … [Read more...] about May 2019 Hotel Performance
San Diego Lodging Performance – June 9-15, 2019
During the second week of June, San Diego hosted Cisco Live!, a very large convention that contributed to an increase in occupancy rates in most regions, along with dramatically higher average daily rates. Occupancy rates ranged from 84.4 percent in Del Mar/Oceanside to 93 percent in the Pt. Loma/Airport region. All regions (except Del Mar/Oceanside) experienced growth in … [Read more...] about San Diego Lodging Performance – June 9-15, 2019
San Diego Lodging Performance – June 2-8, 2019
In the first week of June 2019, San Diego hotels saw occupancy rates average 78.8 percent while average daily rates rose to an average of $164.07 across the County. Occupancy rates ranged from 72.5 percent in La Jolla to 86.7 percent in Mission Bay. The only region to experience growth in occupancy this week was UTC, which gained by 1.6 percent. Average daily rates ranged from … [Read more...] about San Diego Lodging Performance – June 2-8, 2019
San Diego Lodging Performance – May 26 – June 1, 2019
In the last week of May 2019, San Diego properties in all regions experienced a decline in occupancy rates, while a majority of regions saw a reduction in average daily rates. Occupancy rates ranged from 61.1 percent in the I-15 Corridor to 75 percent in Mission Bay. All regions contracted in occupancy compared to this week last year, but the least amount of loss was in the … [Read more...] about San Diego Lodging Performance – May 26 – June 1, 2019
San Diego Lodging Performance – May 19-25, 2019
In the week leading up to Memorial Day weekend and the unofficial start to the summer season, San Diego hotels gained a boost in occupancy rates in many regions as well as an improvement in average daily rates across the County. Occupancy rates ranged from 69.3 percent in Del Mar/Oceanside to 83.3 percent at properties in UTC. A few regions improved upon their occupancy rates … [Read more...] about San Diego Lodging Performance – May 19-25, 2019