While still in the midst of the COVID-19 pandemic and travel restrictions, SDTA worked with Tourism Economics to develop a lodging forecast to support business planning. A strong attempt was made to incorporate all known data, the status of citywide conventions, and input from a considerable number of hotels as to the group outlook into the future. However, due to the high … [Read more...] about San Diego County Lodging Forecast – July 2020
Weekly Hotel Performance (March 1-14)
In the first two weeks of March, data shows occupancy beginning to decline; 10 percent in the first week and 35 percent in the second week. RevPAR declines in the region averaged -11% in the first week of March, but grew to -45 percent in the second week. Downtown and Mission Bay impacted the most, but declines vary across County. The largest group markets in the U.S. … [Read more...] about Weekly Hotel Performance (March 1-14)
San Diego County Hotel Performance – February 2020
2020 began with small gains in January and February coming off a soft first quarter in 2019.Demand grew 5.2 percent in the month of February boosting occupancy 2.8 percent to 77.5 percent in the County.Demand growth came from the transient market with Friday and Saturday nights posting the biggest gains in occupancy and ADR. Group occupancy fell 4.5 percent in the month. CYTD … [Read more...] about San Diego County Hotel Performance – February 2020
Tourism Industry Performance – January 2020
January began 2020 on a positive note with visitation up in all segments.Southern California day visitors and attraction attendance rebounded in January, up 15 percent and 24 percent respectively, following extensive rain over weekends in 2019 Q1. Both hotel and private home visitors grew around 5 percent in the month supporting a 4.7 percent increase in spending at local … [Read more...] about Tourism Industry Performance – January 2020
February 2019 Hotel Performance Weakens Over 2018
According to Smith Travel Research, Inc., San Diego County hotels in the month of February averaged 75.9 percent occupancy, down 5.1 percent compared to last year. The average daily rate (ADR) of $160.77 was flat to last year. Impacting the performance has been the increased rain on weekends, and the large American Academy of Dermatology Convention at the San Diego Convention … [Read more...] about February 2019 Hotel Performance Weakens Over 2018