San Diego County hotel demand strengthened significantly, up by 26,500 room nights from the previous week to total 362,524 room nights sold. This is about 5,000 more RNs than the same week in 2019 and almost 70,000 more than 2021, much of which can be attributed to Group and Transient demand among upscale+ properties.County occupancy rose week-over-week by 6 points to reach … [Read more...] about Weekly Hotel Performance Update – Sept. 11 – 17, 2022
ADR
Weekly Hotel Performance Update – Sept. 4 – 10, 2022
Room night demand rose marginally week-over-week with the Sunday night before Labor Day Monday experiencing the strongest demand throughout the county last week. San Diego County hotels sold 336,016 RNs last week, an increase of about 7,000 from the week prior and roughly 16,000 more than the same week in 2019 and 2021. The increase compared to past years is entirely … [Read more...] about Weekly Hotel Performance Update – Sept. 4 – 10, 2022
Weekly Hotel Performance Update – Aug. 28 – Sept. 3, 2022
Hotel demand was uneven for the week leading up to the Labor Day holiday. Hotel occupancy softened during the week followed by a spike in demand on Friday and Saturday. County hotels sold a total of 329,120 room nights, down about 14,000 from the week prior and 22,500 fewer than the same week in 2019. The drop in demand compared to 2019 is attributable almost entirely to fewer … [Read more...] about Weekly Hotel Performance Update – Aug. 28 – Sept. 3, 2022
Weekly Hotel Performance Update – August 21 – 27, 2022
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
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