Excerpt from Morrison & Company, Lodging Industry Management Consulting Report December 2018 RevPAR was flat compared to December 2017, and for the year RevPAR was up in all four major California markets. The main takeaways for the month of December 2018 are: Occupancy declined in 16 of the Top 25 U.S. Markets, ADR declined in 8 and RevPAR declined in 11. Again, … [Read more...] about 2018 Annual Performance Comparison – Top 21 Markets
News
San Diego Lodging Performance – January 20-26, 2019
In the fourth week of 2019, occupancy levels and average daily rates remained about the same as the previous week for San Diego hotels. Occupancy rates ranged from 67% in Escondido to 81% in UTC area. Compared to 2017, several regions saw tremendous growth with Mission Valley and Downtown leading with almost 13% improvement. Average daily rates ranged from $107 in Escondido … [Read more...] about San Diego Lodging Performance – January 20-26, 2019
San Diego Lodging Performance – January 13-19, 2019
San Diego hotels improved in the third week of 2019 with occupancy rates ranging from almost 61% in Del Mar/Oceanside to near 79% in Mission Valley. The largest year-over-year growth for this week was in Escondido with a 15% increase, followed by properties in the I-15 Corridor with a 7% improvement. Average daily rates also increased, ranging from $108 in Escondido to $224 … [Read more...] about San Diego Lodging Performance – January 13-19, 2019
December and CY 2018 Hotel Performance
December Hotel Performance Occupancy SD County occupancy was 67%, a 5% improvement over 2017 City of SD was 68.7%, a 7.1% increase from last year Best performing regions were Pt. Loma Peninsula with 71.6% occupancy, and Downtown with 71.5% San Diego’s occupancy in December ranked 8th among top 25 markets, behind New York (86.9%), Oahu Island (81.4%), … [Read more...] about December and CY 2018 Hotel Performance
December 2018 – Sales & Marketing Highlights
Below are the December 2018 sales & marketing highlights from various departments from the San Diego Tourism Authority. BRAND MARKETING INTERNATIONAL LEISURE ADVERTISING CHINA SDTA continued to ramp up consumer direct efforts in China during December. The Chinese New Year promotion launched on Baidu with keyword search and display tactics while “Always On” keyword … [Read more...] about December 2018 – Sales & Marketing Highlights