San Diego’s tourism market had a typical week for this time of year. The county recorded an occupancy rate of 67.4%, essentially matching the same period last year. The top-performing submarkets were Point Loma (72.9%), UTC (70.9%), and Mission Valley (67.9%). Competitive Market Comparison: Group Segment (upscale+ ONLY): View the complete hotel performance report … [Read more...] about Weekly Hotel Performance Update – February 2-8, 2025
Industry Trends
Weekly Hotel Performance Update – January 26-February 1, 2025
San Diego’s hotel market bounced back in a big way last week, putting to rest any concerns that performance was trending downward. As is sometimes the case, fluctuations in the convention calendar played a key role in the week-to-week shifts. View the complete hotel performance report here. … [Read more...] about Weekly Hotel Performance Update – January 26-February 1, 2025
Weekly Hotel Performance Update – January 19-25, 2025
San Diego hotels started 2025 on an encouraging note, although performance took a bit of a breather last week. Two smaller events were moving into the convention center in the second half of the week, contributing around 2,500 room nights. More broadly, upscale+ hotels sold 58,038 room nights at an ADR of $296. View the complete hotel performance report here. … [Read more...] about Weekly Hotel Performance Update – January 19-25, 2025
A Review of the 2024 Hospitality Industry: San Diego Claims Best in the West Title for Hotel Occupancy Rate
San Diego concluded 2024 on a high note, cementing its position as one of the top-performing hospitality markets in the country and Best in the West for hotel occupancy rate. According to the latest STR report, the county ranked third among the Top 25 U.S. markets for hotel occupancy over the course of 2024, reaching 74.3%—a 1.1% increase year-over-year. Only Oahu Island … [Read more...] about A Review of the 2024 Hospitality Industry: San Diego Claims Best in the West Title for Hotel Occupancy Rate
Weekly Hotel Performance Update – January 12-18, 2025
San Diego continues to ring in the New Year on solid footing. Room night demand has consistently surpassed levels observed during the initial weeks of 2023 and 2024. A big question over the past few weeks has been whether displaced residents in LA have sought refuge in San Diego, but there is no substantial evidence indicating a significant influx of evacuees seeking refuge in … [Read more...] about Weekly Hotel Performance Update – January 12-18, 2025