Hotels

Hotel performance ticked up a bit last week, with room night demand aligning closely with the same week in both 2023 and 2024. Still, March was a bit of a rollercoaster overall. Based on preliminary weekly data through March 29, San Diego hotels came up about 92,000 room nights short of last year. That said, February’s final report included sizable upward revisions to the … [Read more...] about Weekly Hotel Performance Update – March 23-29, 2025

Hotel performance found some normalcy this past week after an underwhelming start to March. A combination of Group, Business, and Leisure travel helped stabilize the market, bringing us back into the range of “normal” market dynamics for this time of year. Pt. Loma, UTC, and I-15 Corridor properties continued to see brisk midweek demand, a telltale sign that business meetings … [Read more...] about Weekly Hotel Performance Update – March 16-22, 2025

San Diego’s hotel market lost momentum last week, with some of the decline due to shifts in the During the first half of March, San Diego’ hotel performance has trailed what we saw in 2024. Spanning Mar 2 – 15, San Diego has realized nearly 85,000 fewer room nights than during the same weeks last year. Some of this has been an artifact of shifting calendars. On the M&C … [Read more...] about Weekly Hotel Performance Update – March 9-15, 2025

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