October 2015 Lodging Metrics

•  Los Angeles ranked 7th place among the Top 25 Markets with an Occupancy rate of 82.2%, up +2.3% compared to the same period last year (80.4%).

•  Los Angeles ADR was $159.99 and ranked 9th among the Top 25 Markets, up +6.1% compared to the same period last year ($150.74).

•  Los Angeles RevPAR was $131.49 and ranked 5th among the Top 25 Markets, up +8.6% compared to the same period last year ($121.13).

•  Rooms nights sold were 2.50 million countywide, up +2.4% over October 2014 (2.44 million room nights). 

•  South Bay (86.0%) and Santa Monica/Marina Del Rey (85.4%) 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 +1.1% compared to the same period last year (80.5%). 

o Markets ranking higher are San Francisco (85.9%), Oahu Island (85.2%), and New York (84.9%).

•  Los Angeles YTD ADR is $159.84 and ranks 6th out of the Top 25 Markets, up +7.7% compared to the same period last year ($148.41).  

•  Los Angeles YTD RevPAR is $130.12 and ranks 6th out of the Top 25 Markets, up +8.9% compared to the same period last year ($119.50).  

•  YTD rooms nights sold are 24.26 million countywide, reflecting a +1.7% increase over 2014 (23.86 million room nights). 

•  The LAX area reported the highest YTD occupancy at 87.1%, followed by South Bay (85.5%).