February 2015 - Lodging Metrics

• Los Angeles ranked 6th place among the Top 25 Markets with an Occupancy rate of 80.1%, up +3.5% compared to the same period last year (77.4%) and became the first February in recorded L.A. lodging history to break 80%.
• Los Angeles ADR was $155.07 and ranked 6th among the Top 25 Markets, up +10.7% compared to the same period last year ($140.10).
• Los Angeles RevPAR was $124.27 and ranked 6th among the Top 25 Markets, up +14.6% compared to the same period last year ($108.49).
• Rooms nights sold were 2.19 million countywide, reflecting a +4.7% increase over February 2014 (2.10 million room nights).
• The LAX area (88.1%) and Santa Monica/Marina Del Rey (85.0%) both reported the highest Occupancy rate for the month. 
•  Long Beach (+20.0%) and Beverly Hills/Westside L.A.  (+18.9%) reported the largest YOY RevPAR growth.

• Los Angeles ranked 6th place among the Top 25 Markets with a YTD Occupancy rate of 75.6%, up +0.3% compared to the same period last year (75.4%).
o Markets ranking higher are Miami (85.1%), Oahu Island (83.6%), Tampa (77.3%), San Francisco (76.3%), and Phoenix (75.9%).
• Los Angeles YTD ADR is $152.03 and ranks 7th out of the Top 25 Markets, up +5.9% compared to the same period last year ($143.63). 
• Los Angeles YTD RevPAR is $115.00 and ranks 6th out of the Top 25 Markets, up +6.2% compared to the same period last year ($108.29). 
• YTD rooms nights sold are 4.37 million countywide, reflecting a +1.6% increase over 2014 (4.30 million room nights).
• The LAX area reported the highest YTD occupancy at 83.3%, followed by Santa Monica/MDR (80.2%). 
• Long Beach (+14.6%) and South Bay (+9.4%) reported the largest YOY RevPAR growth. Long Beach also reported the largest YTD ADR growth (+12.5%).