Demand grew by about 15,000 room nights as compared to previous week, reaching 122,000 sold.Available rooms totaled 53,514, with San Diego County running at 33% occupancy.The daily rate continues to average about $94.00.San Diego’s occupancy and ADR are currently among the top in U.S. Stay informed To receive the weekly SDTA Executive Report, fill out this form to be … [Read more...] about Weekly Hotel Performance (May 3-9)
Coronavirus Reports
Weekly Hotel Performance (April 26-May 2)
County occupancy improved to 31% last week.Just over 107,000 hotel room nights were sold, about 17,000 more than the previous week.The average daily rate remained flat at $92.71.Demand growth was seen especially on weekend nights in coastal areas and also in Downtown. Stay informed To receive the weekly SDTA Executive Report, fill out this form to be added to the … [Read more...] about Weekly Hotel Performance (April 26-May 2)
Weekly Hotel Performance (April 19-April 25)
STR adjusted county room supply downward for April to 47,422.County demand remaining stable at about 90,000 room nights sold weekly.The daily rate averaged about $93.00 again in the county, 5th highest among top 25 markets.Downtown was able to grow ADR $12 to $134.03 compared to prior week.Demand is highest in the Mission Valley and South / East County areas, between 18,000 and … [Read more...] about Weekly Hotel Performance (April 19-April 25)
Weekly Hotel Performance (April 12-April 18)
From the lower supply of 54,387 hotel rooms open in the County, occupancy averaged 25% last week.Occupancy patterns remain the same for subregions with La Jolla in the low range at around 8% and the South / East region posting the high of 46%.The average daily rate was $93.37 and RevPAR averaged $23.25.Hotel room night demand is averaging between 90,000 and 95,000 room nights … [Read more...] about Weekly Hotel Performance (April 12-April 18)
Weekly Hotel Performance (April 5-April 11)
Moving into April, STR removed 9,509 rooms (15% of supply) in the County due to hotels reporting they are closed for the full month.Occupancy averaged 23.6% calculated from the reduced supply number.The county sold about 90,000 room nights in the week at an average daily rate of $93.12.Hotel room revenue continues to be down 85%. Stay informed To receive the weekly … [Read more...] about Weekly Hotel Performance (April 5-April 11)