May 2015 Lodging Metrics
May 2015
- Los Angeles ranked 6th place among the Top 25 Markets with an Occupancy rate of 79.9%, up +0.7% compared to the same period last year (79.3%).
- Los Angeles ADR was $152.32 and ranked 9th among the Top 25 Markets, up +7.7% compared to the same period last year ($141.47).
- Los Angeles RevPAR was $121.64 and ranked 8th among the Top 25 Markets, up +8.4% compared to the same period last year ($112.21).
- Rooms nights sold were 2.41 million countywide, up +0.5% over May 2014 (2.40 million room nights).
- The LAX area (88.4%) and South Bay (87.1%) both reported the highest Occupancy rate for the month.
2015 Jan-May YTD
- Los Angeles ranked 6th place among the Top 25 Markets with a YTD Occupancy rate of 78.7%, up +0.7% compared to the same period last year (78.2%).
- Markets ranking higher are Oahu Island (82.8%), Miami (82.6%), San Francisco (81.8%), New York (80.5%), and Orlando (80.4%).
- Los Angeles YTD ADR is $153.03 and ranks 8th out of the Top 25 Markets, up +6.8% compared to the same period last year ($143.31).
- Los Angeles YTD RevPAR is $120.38 and ranks 6th out of the Top 25 Markets, up +7.5% compared to the same period last year ($112.01).
- YTD rooms nights sold are 11.60 million countywide, reflecting a +1.3% increase over 2014 (11.45 million room nights).
- The LAX area reported the highest YTD occupancy at 86.4%, followed by South Bay (82.9%).
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