ADR

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

San Diego’s hotel market bounced back in a big way last week, putting to rest any concerns that performance was trending downward. As is sometimes the case, fluctuations in the convention calendar played a key role in the week-to-week shifts. View the complete hotel performance report here. … [Read more...] about Weekly Hotel Performance Update – January 26-February 1, 2025

San Diego hotels started 2025 on an encouraging note, although performance took a bit of a breather last week. Two smaller events were moving into the convention center in the second half of the week, contributing around 2,500 room nights. More broadly, upscale+ hotels sold 58,038 room nights at an ADR of $296. View the complete hotel performance report here. … [Read more...] about Weekly Hotel Performance Update – January 19-25, 2025