San Diego County hotel demand softened from the previous week to sell a total of 343,338 room nights last week. This is roughly 16,500 fewer room nights than were sold the same week in 2019, owing entirely to a drawdown in leisure demand. The leisure segment is showing signs of fatigue as consumers continue to grapple with decades-high inflation, stock price declines and … [Read more...] about Weekly Hotel Performance Update – August 21 – 27, 2022
Meetings in San Diego
Weekly Hotel Performance Update – August 14 – 20, 2022
Hotel demand in San Diego maintained its seasonal path last week as summer draws to a close. County hotels sold a total of 350,673 room nights, more than 20,000 RNs higher than in 2021 but roughly 18,000 fewer RNs than the same week in 2019. The difference in RNs compared with 2019 is attributable in large part to a decrease of 14,000 RNs within the leisure market. This is the … [Read more...] about Weekly Hotel Performance Update – August 14 – 20, 2022
Weekly Hotel Performance Update – August 7 – 13, 2022
San Diego hotel demand declined for the second week in a row as the summer leisure travel season begins to slow. County hotels sold a total of 356,135 room nights this last week, roughly equal to the number of RNs sold in the same week of 2021 but 24,000 RNs less than in 2019. Nearly all of the decline from 2019 can be attributed to the leisure market, which has carried San … [Read more...] about Weekly Hotel Performance Update – August 7 – 13, 2022
Weekly Hotel Performance Update – July 31 to August 6, 2022
San Diego hotel demand decreased from the week prior by 16,000 RNs to settle at 377,484 room nights sold last week. This is almost identical to the number of room nights sold in the same week of 2021 but roughly 9,000 fewer than the same week in 2019. As a result, average occupancy declined by 3.6 percentage points to 83.8% last week, ranking San Diego 3rd in the nation (down … [Read more...] about Weekly Hotel Performance Update – July 31 to August 6, 2022
Weekly Hotel Performance Update – July 24 to July 30, 2022
San Diego hotels ended July on a strong note, ranking 1st in occupancy and 2nd in ADR and RevPAR among the Top 25 U.S. destinations this week, behind only Oahu Island.Room night demand increased slightly from the previous week, with hotels selling a total of 393,636 RNs throughout the county. Average occupancy was 87.4% for the week, up 0.3 points week over week, 6.4 points … [Read more...] about Weekly Hotel Performance Update – July 24 to July 30, 2022