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
Industry Trends
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
September 2019 Hotel Performance
San Diego hotels in the month of September averaged 77.9 percent occupancy, a 0.6 percent increase compared to 2018, while the average daily rate (ADR) was $163.88, a -0.4 percent reduction from last year. San Diego occupancy for the month ranked 8th among top 25 markets, while ADR ranked 9th. Occupancy and ADR both grew on Sunday-Wednesday nights compared to last … [Read more...] about September 2019 Hotel Performance
San Diego Lodging Performance – September 29-October 5, 2019
During the 40th week of 2019, San Diego hotels experienced a considerable contraction in average occupancy rates compared to the same week last year. Occupancy rates ranged from 66.3% in the I-15 Corridor to 79.4% in Mission Bay, with all regions but one reducing average occupancy compared to last year. The only region to improve in occupancy over last year was Del … [Read more...] about San Diego Lodging Performance – September 29-October 5, 2019