May 2016 Lodging Metrics

•  Los Angeles ranked 5th place among the Top 25 Markets with an Occupancy rate of 79.5%, down -0.4% compared to the same period last year (79.8%).

•  Los Angeles ADR was $167.75 and ranked 7th among the Top 25 Markets, up +10.1% compared to the same period last year ($152.31).

•  Los Angeles RevPAR was $133.36 and ranked 6th among the Top 25 Markets, up +9.8% compared to the same period last year ($121.51).

•  Rooms nights sold were 2.41 million countywide, up down -0.5% over May 2015 (2.42 million room nights). 

•  The LAX Area (82.9%) and Pasadena/Glendale/Burbank (82.0%) both reported the highest Occupancy rate for the month.  

•  Los Angeles ranked 4th place among the Top 25 Markets with a YTD Occupancy rate of 81.4%, up +3.7% compared to the same period last year (78.6%). 

o Markets ranking higher are Oahu Island (83.4%), San Francisco (82.3%), and New York City (81.55)

•  Los Angeles YTD ADR is $170.25 and ranks 6th out of the Top 25 Markets, up +11.2% compared to the same period last year ($153.13).  

•  Los Angeles YTD RevPAR is $138.65 and ranks 5th out of the Top 25 Markets, up +15.2% compared to the same period last year ($120.32).  

•  YTD rooms nights sold are 12.05 million countywide, reflecting a +3.5% increase over 2015 (11.64 million room nights). 

•  Pasadena/Glendale/Burbank reported the highest YTD occupancy at 86.6%, followed by The San Fernando Valley (85.9%).