Hotel Performance – Week of June 28- July 4, 2020 Hotel room supply inched up by approximately 800 rooms last week, climbing to 54,372 available rooms, about 85% of pre-COVID supply (63,896).Demand in the region again improved from previous week of 177,000 to over 190,000 room nights sold this past week.While historically low, San Diego continues to outperform other top … [Read more...] about Weekly Hotel Performance (June 28-July 4, 2020)
Industry Trends
Top Headlines of the Week: July 6 – July 10
Each week, the San Diego Tourism Authority will gather headlines that highlight coronavirus' impact on the hospitality and tourism industries, as well as how the San Diego region is faring in these unprecedented times. July 10 Does opening California too soon hurt the economy more in the long run? — San Diego Union-TribuneTotal county COVID-19 Cases cross 18,000 as daily … [Read more...] about Top Headlines of the Week: July 6 – July 10
Weekly Hotel Performance (June 21-27, 2020)
Weekly Hotel Performance – June 21-70, 2020 – STR Last week, STR reported 53,609 rooms available, or 84% of the 63,896 hotel rooms prior to COVID. Each week, slightly more rooms become available. Hotel room demand grew by 8% over the previous week to 177,562 room nights sold, with weekend nights once again showing peak demand. Average occupancy for the week was … [Read more...] about Weekly Hotel Performance (June 21-27, 2020)
Top Headlines of the Week: June 29 – July 2
Each week, the San Diego Tourism Authority will gather headlines that highlight coronavirus' impact on the hospitality and tourism industries, as well as how the San Diego region is faring in these unprecedented times. July 2 Hotel industry seeking long-term relief to avoid historic wave of foreclosures — TravelPulse July 1 County braces for new state mandate that … [Read more...] about Top Headlines of the Week: June 29 – July 2
Weekly Hotel Performance (June 14-20, 2020)
Weekly Hotel Performance – June 14-20, 2020 – STR Room night demand grew to 162,874 throughout the county, a 4.5% increase from last week. This brought occupancy to 44.5% with a base supply of 52,321 rooms.The county’s average daily rate grew by $6 to reach $110 for the week, with properties in Mission Bay boasting the highest ADR at $180, followed by properties in La Jolla … [Read more...] about Weekly Hotel Performance (June 14-20, 2020)