San Diego Business Journal

San Diego County hotels saw total revenue rise 4.6 percent from a year ago in 2016’s January-to-September period, topping $2.08 billion, according to the latest monthly data from industry research firm STR.

The numbers were boosted by a 13.2 percent year-over-year gain for the month of September, as local revenue topped $223.8 million.

Local hotels’ occupancy for the nine-month period was 79 percent, up 0.4 percent from the same span of 2015. The average daily room rate was $158.64, up 2.7 percent, and revenue per available room (RevPar) was $125.33, up 3.1 percent.

The region’s hotel room-night supply was up 1.5 percent for the period, at more than 16.6 million; and room-night bookings were up 1.9 percent, topping 13.1 million.

San Diego generally tracked ahead of U.S. figures on key metrics for the nine-month period, with hotels nationally posting 67.1 percent occupancy, an average daily rate of $124.53 and RevPar of $83.57. Nationwide room supply and demand were each up 1.5 percent for the period.

For the month of September, San Diego County hotels posted total occupancy of 79.2 percent (up 6.3 percent), an average daily rate of $154.21 (up 4.6 percent), and RevPar of $122.17 (up 11.2 percent).

Local room supply was up 1.8 percent from a year ago for the month, topping 1.8 million; and room-night bookings rose 8.2 percent, to more than 1.4 million.