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
San Diego Lodging Performance – January 27 – February 2, 2019
San Diego hotel occupancy and average daily rates remained strong in the fifth week of 2019 with several regions improving in both categories over the same period in 2018. Occupancy rates ranged from 59% in Escondido to 83% in Mission Valley. Mission Valley properties also saw the largest increase over 2018 at almost 17% growth, followed by Downtown properties at 8%. Average … [Read more...] about San Diego Lodging Performance – January 27 – February 2, 2019
San Diego Lodging Performance – January 20-26, 2019
In the fourth week of 2019, occupancy levels and average daily rates remained about the same as the previous week for San Diego hotels. Occupancy rates ranged from 67% in Escondido to 81% in UTC area. Compared to 2017, several regions saw tremendous growth with Mission Valley and Downtown leading with almost 13% improvement. Average daily rates ranged from $107 in Escondido … [Read more...] about San Diego Lodging Performance – January 20-26, 2019