Industry Trends

The eighth week of 2019 saw continued decline in occupancy rates as average daily rates creeped upward among San Diego hotels, when compared to the same period in 2018.  The year-over-year decline in occupancy rates may be explained by the American Academy of Dermatology annual meeting that was held during this period in 2018 (providing 7,700 room nights during its peak) which … [Read more...] about San Diego Lodging Performance – February 17-23, 2019

San Diego properties saw strong growth compared to 2018, but actuals fell below most of the western region comp set cities. Occupancy SD County occupancy was 69.5%, up 3.6% from 2018 City of San Diego was 72.8%, a 4.1% improvement from 2018 The best performing regions for the month were North Coastal (UTC, I-5 corridor) with occupancy at 75.6%, followed … [Read more...] about January 2019 Hotel Performance

During the week of Valentine’s Day in San Diego, occupancy rates dipped across the county while average daily rates continued to climb upwards.  Occupancy rates ranged from nearly 68% in Escondido to 85% among Downtown properties, though most regions saw declines compared to the same period in 2018.  The only two regions to have increases were properties in the I-15 Corridor at … [Read more...] about San Diego Lodging Performance – February 10-16, 2019

In the first full week of February, San Diego hotels saw a decrease in occupancy compared to the same period last year, but average daily rates improved.  Occupancy rates ranged from 64% in Escondido to 82% in the UTC area.  The only region that increased in occupancy over 2018 was UTC with a modest 1.6% growth.  Average daily rates ranged from $108 in Escondido to $232 in La … [Read more...] about San Diego Lodging Performance – February 3-9, 2019

San Diego hotel occupancy and average daily rates remained strong in the fifth week of 2019 with several regions improving in both categories over the same period in 2018.  Occupancy rates ranged from 59% in Escondido to 83% in Mission Valley.  Mission Valley properties also saw the largest increase over 2018 at almost 17% growth, followed by Downtown properties at 8%.  Average … [Read more...] about San Diego Lodging Performance – January 27 – February 2, 2019