San Diego hotels in the month of December averaged 62.7 percent occupancy, a 6.3 percent reduction compared to 2018, while the average daily rate (ADR) was $135.50, down 5.4 percent from last year. San Diego occupancy for the month ranked 10th among top 25 markets, while ADR ranked 9th. With the American Society for Hematology (ASH) missing from this month’s mix … [Read more...] about December 2019 Hotel Performance
Industry Trends
November 2019 Hotel Performance
San Diego hotels in the month of November averaged 71.9 percent occupancy, a 1.8 percent reduction compared to 2018, while the average daily rate (ADR) was $149.08, down 4.8 percent from last year. San Diego occupancy for the month ranked 9th among top 25 markets, while ADR ranked 10th. Occupancy grew modestly Sunday through Wednesday nights compared to last … [Read more...] about November 2019 Hotel Performance
October 2019 Hotel Performance
San Diego hotels in the month of October averaged 74.0 percent occupancy, a -6.0 percent contraction compared to 2018, while the average daily rate (ADR) was $159.07, a -3.8 percent reduction from last year. San Diego occupancy for the month ranked 14th among top 25 markets, while ADR ranked 11th. Sunday night occupancy was flat compared to last October, while the rest of … [Read more...] about October 2019 Hotel Performance
San Diego Lodging Performance – October 13-19, 2019
In the 42nd week of 2019, San Diego hotels had average occupancy rates range from 70.4% in Escondido to 82.8% in the UTC region. The only region that rose occupancy rates compared to the same week last year was Del Mar/Oceanside, up by 2.8% over last year. Average daily rates ranged from $108.36 in Escondido to $250.61 in La Jolla. Half of the regions improved in ADR … [Read more...] about San Diego Lodging Performance – October 13-19, 2019
San Diego Lodging Performance – October 6-12, 2019
In the first full week of October 2019, San Diego hotels’ average occupancy rates ranged from 71.8% in the I-15 Corridor to 82.2% in the UTC region. Properties in Escondido were the only to grow their occupancy rate compared to the same week last year, by 3.9%. Average daily rates ranged from $108.19 in Escondido to $243.24 in La Jolla. Mission Bay rose in ADR by 3.2% … [Read more...] about San Diego Lodging Performance – October 6-12, 2019