The San Diego Convention Center welcomed back one of its largest events last week, ESRI, with an estimated 30,000 blocked room nights spread over four nights. As a result, Group occupancy among upscale+ properties averaged 33.2% for the week with an ADR of $276. Compared to the same week in 2019, group demand was roughly 15,000 room nights stronger this year with an average … [Read more...] about Weekly Hotel Performance Update – July 10 to July 16, 2022
ADR
Weekly Hotel Performance Update – July 3 to July 9, 2022
Hotel room demand continues to follow historic seasonal patterns for this time of year. San Diego remains highly competitive, with the second-highest occupancy, ADR, and RevPAR across the Top 25 markets and ranking first among the western competitive set for the week spanning July 3rd to 9th.For the week that included the 4th of July holiday, San Diego properties sold a total … [Read more...] about Weekly Hotel Performance Update – July 3 to July 9, 2022
Weekly Hotel Performance Update – June 26 to July 2, 2022
For the week leading up to the Fourth of July holiday weekend, total room night demand registered 368,733 room nights sold, a decline of roughly 17,000 room nights from the week prior. This trend is not cause for alarm, however; hotel demand typically softens modestly leading up to the Fourth of July holiday but quickly rebounds thereafter.County occupancy retracted 3.7 points … [Read more...] about Weekly Hotel Performance Update – June 26 to July 2, 2022
Weekly Hotel Performance Update – June 19 to June 25, 2022
Hotel demand was essentially unchanged last week with a total of 385,345 total room nights sold throughout the county. Current demand remains on par with that of the same week in 2019.County occupancy held steady at 85.6%, ranking San Diego 3rd in the nation (down from 2nd the week before) and 2nd in the western competitive set, below Seattle at 85.9%. New York, Seattle, and … [Read more...] about Weekly Hotel Performance Update – June 19 to June 25, 2022
Weekly Hotel Performance Update – June 12 to June 18, 2022
San Diego County hotel demand continues to strengthen as the summer season heats up, increasing by more than 15,000 room nights over the previous week. Hotels throughout the county sold a total of 386,976 room nights last week, the most weekly room nights sold since July 2019. The boost was enough to restore San Diego’s status as the top destination in the west.County occupancy … [Read more...] about Weekly Hotel Performance Update – June 12 to June 18, 2022