April 2014 Lodging Metrics

Los Angeles International Airport

April 2014

 

  • Los Angeles ranked 5th place among the Top 25 Markets with an Occupancy rate of 80.4%, up +3.9% compared to the same period last year (77.4%). 
  • Los Angeles ADR was $144.91 and ranked 8th among the Top 25 Markets, up +4.7% compared to the same period last year ($138.36).
  • Los Angeles RevPAR was $116.47 and ranked 8th among the Top 25 Markets, up +8.8% compared to the same period last year ($107.04).
  • Rooms nights sold were 2.34 million countywide, reflecting a +4.4% increase over April 2013 (2.24 million room nights). 
  • The LAX area (87.3%) and Santa Monica/Marina Del Rey (86.9%) both reported the highest Occupancy rate for the month.  
  • Santa Monica/Marina Del Rey (+15.1%) and South Bay (+14.1%) reported the largest YOY RevPAR growth.

  

2014 Jan-Apr YTD

• Los Angeles ranked 6th place among the Top 25 Markets with a YTD Occupancy rate of 78.0%, up +4.6% compared to the same period last year (74.6%). 

 o Markets ranking higher are Oahu Island (83.7%), Miami (83.6%), San Francisco (79.2%), Orlando (78.8%), and New York City (78.7%), 

• Los Angeles YTD ADR is $143.24 and ranks 8th out of the Top 25 Markets, up +5.9% compared to the same period last year ($135.21).  

• Los Angeles YTD RevPAR is $111.73 and ranks 7th out of the Top 25 Markets, up +10.8% compared to the same period last year ($100.87).  

• YTD rooms nights sold are 9.09 million countywide, reflecting a +5.2% increase over 2013 (8.64 million room nights). 

• The LAX area reported the highest YTD occupancy at 86.2%, followed by Hollywood/Beverly Hills (83.4%) and Santa Monica/MDR (81.7%).  

• Pasadena/Glendale/Burbank (+15.2%) and LA East (+14.7%) reported the largest YOY RevPAR growth. Santa Monica reported the largest YTD ADR growth (+9.8).