Quantcast
Channel: Accolades Archives - SDTA Connect Blog
Viewing all articles
Browse latest Browse all 355

Weekly Hotel Performance – April 25-May 1, 2021

$
0
0
Source: STR, Inc.
  • Hotel demand softened this week by roughly 6,500 room nights to sell a total of 248,577 room nights throughout the county.
  • Weaker demand during the week was the sole source of the week-over-week reduction, as Friday and Saturday room night demand was relatively unchanged.
  • Sunday through Wednesday nights sold an average of 30,000 room nights while Thursday sold close to 34,000.
  • Friday and Saturday nights sold roughly 44,500 and 51,000 room nights, respectively.
  • Saturday night occupancy ranged from mid-70s to low-90s throughout the county.
  • County occupancy averaged 55.7% ranking San Diego 12th among top markets and 3rd in the western competitive set, behind Phoenix at 63.6% and Los Angeles at 61.2%.
  • Top performing regions were South/East County at 74.7%, Northeast/Escondido at 69.9%, and Mission Valley at 58.3%.
  • County ADR remained at $132 this week ranking San Diego 6th among top markets and 2nd in the western competitive set, behind Los Angeles at $139.
  • Coastal regions continue to achieve highest ADR with La Jolla Coastal at $218, Mission Bay at $201, and Del Mar/Oceanside at $149.

View the complete report here.

The post Weekly Hotel Performance – April 25-May 1, 2021 appeared first on SDTA Connect Blog.


Viewing all articles
Browse latest Browse all 355

Trending Articles