San Diego hotels improved in the third week of 2019 with occupancy rates ranging from almost 61% in Del Mar/Oceanside to near 79% in Mission Valley. The largest year-over-year growth for this week was in Escondido with a 15% increase, followed by properties in the I-15 Corridor with a 7% improvement. Average daily rates also increased, ranging from $108 in Escondido to $224 … [Read more...] about San Diego Lodging Performance – January 13-19, 2019
December and CY 2018 Hotel Performance
December Hotel Performance Occupancy SD County occupancy was 67%, a 5% improvement over 2017 City of SD was 68.7%, a 7.1% increase from last year Best performing regions were Pt. Loma Peninsula with 71.6% occupancy, and Downtown with 71.5% San Diego’s occupancy in December ranked 8th among top 25 markets, behind New York (86.9%), Oahu Island (81.4%), … [Read more...] about December and CY 2018 Hotel Performance
San Diego Lodging Performance – January 6-12, 2019
In the second week of 2019, San Diego hotels crept up in both occupancy rates and average daily rates, but still fell short of levels in 2018. Occupancy rates ranged from 55% in Del Mar/Oceanside to near 72% Downtown. Properties in the I-15 Corridor, however, were the only to see gains over the same week in 2018, with a 3% improvement in occupancy; all other regions fell … [Read more...] about San Diego Lodging Performance – January 6-12, 2019
San Diego Lodging Performance – December 30, 2018 – January 5, 2019
San Diego hotel performance slumped in the first week of 2019 after the bump felt during the Christmas holiday. Occupancy rates ranged from about 45% on the I-15 Corridor, to nearly 66% in Mission Bay. All regions saw significant losses in occupancy compared to the same week in 2018, most notably in Downtown, down -15%, and Mission Valley, down -16% for the week. Average … [Read more...] about San Diego Lodging Performance – December 30, 2018 – January 5, 2019
San Diego Hotel Pipeline Update
By the end of 2018, a total of eight properties opened (or re-opened) in San Diego County, adding 1,252 hotel rooms to the supply. Several properties that were scheduled to open during this last year have been delayed into 2019, which currently lists fourteen hotels to open. 2019 poses to add another 2,379 rooms to the supply if all the hotels listed open as … [Read more...] about San Diego Hotel Pipeline Update