ADR

San Diego’s hotel market lost momentum last week, with some of the decline due to shifts in the convention calendar. The absence of the American Academy of Dermatology, which generated about 18,000 room nights during the same week last year, contributed to the drop. Including hotel meetings and non-SDCC events, the market lost approximately 14,000 room nights … [Read more...] about Weekly Hotel Performance Update – March 2-8, 2025

Despite mounting concerns over the impacts of federal policy and rhetoric, San Diego’s hotel market continues to push ahead with no immediate signs of weakness. However, there are two caveats worth mentioning: Overall Market Performance: Top-Performing Submarkets: Top U.S. Markets: Group Performance at upscale+ properties: SDTA-Affiliated M&C … [Read more...] about Weekly Hotel Performance Update – February 23 – March 1, 2025

After a strong start to the year in January, San Diego’s hotel market has begun to feel softer. Whether or not this is directly related to policy uncertainty emanating from Washington remains to be seen, but nascent reports of group cancellations tied to government policies have begun to surface. We will continue to monitor these trends closely and update you as more data and … [Read more...] about Weekly Hotel Performance Update – February 16-22, 2025

San Diego’s hotel performance was middling last week due to the absence of two conventions that were in town during the same week last year. However, leisure travel remains steady as we head into Spring. Room Demand Occupancy Last week, both Phoenix and Los Angeles hosted notable events that likely boosted demand in their respective hotel … [Read more...] about Weekly Hotel Performance Update – February 9-15, 2025

San Diego’s tourism market had a typical week for this time of year. The county recorded an occupancy rate of 67.4%, essentially matching the same period last year. The top-performing submarkets were Point Loma (72.9%), UTC (70.9%), and Mission Valley (67.9%). Competitive Market Comparison: Group Segment (upscale+ ONLY): View the complete hotel performance report … [Read more...] about Weekly Hotel Performance Update – February 2-8, 2025