April 2018 Lodging Metrics

April 2018
•  Los Angeles ranked 7th place among the Top 25 Markets with an Occupancy rate of 79.8%, down -2.3% compared to April 2017 (81.7%).
•  Los Angeles ADR was $180.74 and ranked 7th among the Top 25 Markets, up +5.0% compared to April 2017 ($172.17).
•  Los Angeles RevPAR was $144.30 and ranked 7th among the Top 25 Markets, up +2.5% compared to April 2017 ($140.73).
•  Rooms nights sold were 2.49 million countywide, up +2.2% over April 2017 (2.43 million room nights).
•  Santa Monica/Marina Del Rey (88.8%) reported the highest occupancy rate for the month.    

2018 Jan-Apr YTD
•  Los Angeles ranked 7th place among the Top 25 Markets with a YTD Occupancy rate of 78.7%, down -1.5% compared to the same period last year (79.9%).
o Markets ranking higher than Los Angeles in YTD occupancy are Miami (84.8%), Oahu Island (83.9%), Orlando (83.2%), New York (82.3%), Phoenix (79.7%), and San Francisco (79.4%).
•  Los Angeles YTD ADR is $178.48 and ranks 5th out of the Top 25 Markets, up +4.5% compared to the same period last year ($170.78).  
•  Los Angeles YTD RevPAR is $140.45 and ranks 5th out of the Top 25 Markets, up +2.9% compared to the same period last year ($136.51).  
•  YTD rooms nights sold are 9.78 million countywide, reflecting a +3.2% increase over 2017 (9.48 million room nights).
•  The LAX Area (85.6%) and Santa Monica/Marina Del Rey (85.1%) reported the highest occupancy rate year to date.