Hotel room demand remained steady at around 136,000 with occupancy falling slightly to 38% in the County, with a base supply of 50,489 hotel rooms. San Diego’s occupancy ranked 10th among top 25 markets and 3rd in western comp set, behind Phoenix and Los Angeles. ADR was flat this week at $99 in the County. The weekend nights of June 5 & 6 were the highest of the … [Read more...] about Weekly Hotel Performance (May 31-June 6)
Coronavirus Reports
Weekly Hotel Performance (May 24-30)
Hotel room demand rose to nearly 137,000 room nights bringing occupancy to 40% in the County, with a base supply of 48,959 hotel rooms. San Diego’s occupancy ranked 7th among top 25 markets and 2nd in western comp set, behind Phoenix. Demand is starting to grow in other areas where markets have opened.ADR increased $3 over the previous week, reaching $100 in the … [Read more...] about Weekly Hotel Performance (May 24-30)
Weekly Hotel Performance (May 17-23)
Hotel room demand inched up again this past week reaching 130,000 room nights, which was the 10th highest in U.S. as other markets start to reopen ahead of California.Occupancy in San Diego County reached 38% on a supply base of 48,828 hotel rooms. The average daily rate (ADR) increased by $4 to $97, following weeks of it hovering around $93. The ADR for Saturday, May 23 was … [Read more...] about Weekly Hotel Performance (May 17-23)
Industry Performance Update
Hotel Performance—Week of May 10-16, 2020 Occupancy moved up to 35% last week, but on a basis of 48,876 rooms available in the county (Pre-COVID the number was 63,000).Consistent with the previous week, about 120,000 hotel room nights were sold.The Mission Valley and Southeast areas continue to see the most demand with more than 23,000 room nights sold per week.The I-15 … [Read more...] about Industry Performance Update
Tourism Industry Performance – March 2020
COVID-19 reached San Diego in early March, causing a total shutdown of the tourism industry. All attractions, restaurants, and lodging services closed their doors to guests by the middle of the month as official stay-at-home orders issued by the state went into effect Thursday, March 19. With county shelter-in-place measures beginning mid-March, visitors to San … [Read more...] about Tourism Industry Performance – March 2020