ADR

San Diego County maintained a stable position in 5th place among the Top 25 U.S. Markets and ranked 1st in the Western Competitive Set across all key performance metrics. With October now complete, we are tracking within 10,000 room nights of the 2024 forecast, with the expectation that this November will outperform 2023, when an uncharacteristic slump affected … [Read more...] about Weekly Hotel Performance Update – October 27 – November 2, 2024

Hotel performance continues to bounce around week by week, though last week saw notable gains, making it one of the strongest weeks compared to the same period in 2023. • Occupancy: San Diego’s occupancy rate reached 79.1%, a +7.8% increase year-over-year. San Diego ranked 7th among the top 25 U.S. markets, following leaders New York (92.7%), Boston (89.8%), and Tampa … [Read more...] about Weekly Hotel Performance Update – October 20 – 26, 2024

Hotel performance continues to fluctuate week to week. After a couple of disappointing weeks to start October, last week saw an improvement, marking the first time since late September that performance exceeded the same week in 2023. View the complete hotel performance report here. … [Read more...] about Weekly Hotel Performance Update – October 13 – 19, 2024

After a strong September that outperformed 2023, hotel performance has cooled off a bit in October. View the complete hotel performance report here. … [Read more...] about Weekly Hotel Performance Update – October 6-12, 2024

San Diego continued to ease into its autumn rhythm last week. Room demand fell below 2023 levels due to a calendar shift that resulted in Group demand being 20.2% lower than last year. However, the same shift caused the market to significantly outperform 2023 the week prior, making the past couple of weeks a wash in terms of year-over-year performance across all … [Read more...] about Weekly Hotel Performance Update – September 29 – October 5, 2024