Industry Trends

San Diego County hotels sold 314,093 room nights last week, an increase of more than 17,000 from the week prior.The increase in demand pushed occupancy up 3.8% to 70.2% throughout the county, with average daily rates reaching $176, $5 higher than last week.Among top 25 markets, San Diego occupancy ranked fifth, behind Orange County (third, at 71.7%) and Phoenix (fourth, at … [Read more...] about Weekly Hotel Performance Update – Oct. 10 – Oct. 16, 2021

San Diego hotel performance saw an increase last week, with room-night demand growing by more than 13,000 from the previous week to 296,810 room nights sold.County occupancy added 3% to 66.4%, while the average daily rate was $171, $3 higher than the previous week.Among top 25 markets, San Diego ranked ninth again in occupancy, behind Los Angeles, Orange County and Phoenix in … [Read more...] about Weekly Hotel Performance Update – Oct. 3 – Oct. 9, 2021

San Diego County hotel-room demand declined 32,000 room nights compared to the previous week, with 283,088 sold. Compared to the same week in previous years, 50,000 fewer room nights sold than in 2019, but 50,000 more sold than in 2020.The county occupancy averaged 63.3%, while average daily rate was $168.Among the top 25 markets in the U.S., San Diego’s ranking fell to ninth … [Read more...] about Weekly Hotel Performance Update – Sept. 26 – Oct. 2, 2021