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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

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

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

San Diego hotel demand declined for the second week in a row as the summer leisure travel season begins to slow. County hotels sold a total of 356,135 room nights this last week, roughly equal to the number of RNs sold in the same week of 2021 but 24,000 RNs less than in 2019. Nearly all of the decline from 2019 can be attributed to the leisure market, which has carried San … [Read more...] about Weekly Hotel Performance Update – August 7 – 13, 2022