March 2016 Lodging Metrics
March 2016
• Los Angeles ranked 4th place among the Top 25 Markets with an Occupancy rate of 85.6%, up +3.8% compared to the same period last year (82.4%).
• Los Angeles ADR was $172.01 and ranked 6th among the Top 25 Markets, up +12.2% compared to the same period last year ($153.34).
• Los Angeles RevPAR was $147.17 and ranked 6th among the Top 25 Markets, up +16.5% compared to the same period last year ($126.35).
• Rooms nights sold were 2.59 million countywide, up +3.4% over March 2015 (2.50 million room nights).
• Pasadena/Glendale/Burbank (90.3%) and Santa Monica/Marina Del Rey (89.4%) both reported the highest Occupancy rate for the month.
2016 Jan-Mar YTD
• Los Angeles ranked 3rd place among the Top 25 Markets with a YTD Occupancy rate of 81.6%, up +4.7% compared to the same period last year (77.9%).
o Markets ranking higher are Oahu Island (84.2%) and Miami (83.2%).
• Los Angeles YTD ADR is $169.92 and ranks 5th out of the Top 25 Markets, up +11.3% compared to the same period last year ($152.61).
• Los Angeles YTD RevPAR is $138.58 and ranks 5th out of the Top 25 Markets, up +16.6% compared to the same period last year ($118.89).
• YTD rooms nights sold are 7.20 million countywide, reflecting a +4.6% increase over 2015 (6.88 million room nights).
• Pasadena/Glendale/Burbank reported the highest YTD occupancy at 87.5%, followed by the San Fernando Valley (86.7%).
