Industry Trends

Hotel Performance – week of August 16-22, 2020Source: STR, Inc. The hotel supply is back to 63,227 rooms, almost 100% of pre-COVID levels (63,897).Again, last week’s demand outperformed the previous week reaching a high of 239,595 hotel room nights sold in the County.Occupancy averaged 54%, 2nd highest among top 25 markets behind Norfolk, VA and highest in the western region … [Read more...] about Weekly Hotel Performance (August 16-22, 2020)

Hotel Performance – week of August 9-15, 2020 Source: STR, Inc. The hotel supply is back to 62,864 rooms, almost 100% of pre-COVID levels of 63,897.Every week demand has increased, and last week was no exception, reaching a high of 227,923 hotel room nights sold in the County.Occupancy averaged 52%, 3rd highest among top 25 markets and highest in the western region … [Read more...] about Weekly Hotel Performance (August 9-15, 2020)

While the local tourism industry continues to struggle amid the COVID-19 crisis, leisure visitation is providing a boost to the region. San Diego continues to be a popular destination with hotel room inventory reaching near pre-pandemic levels amid steadily increasing demand and room rates. The destination also is outperforming many of the top markets as the region’s hotels and … [Read more...] about Weekly Hotel Performance (August 2-8, 2020)