Occupancy in the County averaged 24% last week with an average ADR of $101.40.Occupancies varied throughout the county with La Jolla Coastal the low at 7.5%, and South/East part of the County the high at 48%.The average daily rate in most areas was under $100.Hotel room revenues across U.S. markets continue to fall by more than 80%. Click here for the full … [Read more...] about Weekly Hotel Performance (March 22-28)
Industry Trends
Top Headlines of the Week: March 30-April 3
Each week, the San Diego Tourism Authority will gather headlines that highlight coronavirus' impact on the hospitality and tourism industries, as well as how the San Diego region is fairing in these unprecedented times. April 3 Live coronavirus updates in San Diego — San Diego Union-Tribune April 2 With restaurants closed, chefs reinvent their food service … [Read more...] about Top Headlines of the Week: March 30-April 3
Top Headlines of the Week: March 23-27
Each week, the San Diego Tourism Authority will gather headlines that highlight coronavirus' impact on the hospitality and tourism industries, as well as how the San Diego region is fairing in these unprecedented times. March 27 Live coronavirus updates in San Diego — San Diego Union-Tribune March 26 Hotels and airports see jaw-dropping declines in foot traffic … [Read more...] about Top Headlines of the Week: March 23-27
Weekly Hotel Performance (March 15-21)
Average occupancy fell to 28% in the County last week, with an average daily rate of $109.27.Downtown and La Jolla Coastal experienced the biggest RevPAR declines of almost 90%. San Francisco, New York and New Orleans lead hotel room revenue declines in the top 25 U.S. markets.In western competitive cities, the upscale to luxury properties group segment evaporated last week, … [Read more...] about Weekly Hotel Performance (March 15-21)
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)