Weekly Hotel Performance (March 15-21)
Mar 27, 2020
Weekly Hotel Performance (March 15-21)
- Average occupancy fell to 28% in the County last week, with an average daily rate of $109.27.
- Downtown and La Jolla Coastal experienced the biggest RevPAR declines of almost 90%.
- San Francisco, New York and New Orleans lead hotel room revenue declines in the top 25 U.S. markets.
- In western competitive cities, the upscale to luxury properties group segment evaporated last week, and there is little transient left.
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