June 2016 Lodging Metrics
June 2016
• Los Angeles ranked 7th place among the Top 25 Markets with an Occupancy rate of 84.0%, up +0.3% compared to the same period last year (83.7%).
• Los Angeles ADR was $171.71 and ranked 6th among the Top 25 Markets, up +6.7% compared to the same period last year ($160.99).
• Los Angeles RevPAR was $144.16 and ranked 6th among the Top 25 Markets, up +7.0% compared to the same period last year ($134.79).
• Rooms nights sold were 2.46 million countywide, up +0.1% over June 2015 (2.46 million room nights).
• The LAX Area (87.8%) and Santa Monica/Marina Del Rey/Venice (85.9%) both reported the highest Occupancy rate for the month.
2016 Jan-Jun YTD
• Los Angeles ranked 4th place among the Top 25 Markets with a YTD Occupancy rate of 81.9%, up +3.1% compared to the same period last year (79.4%).
o Markets ranking higher are Oahu Island (83.8%), San Francisco (83.7%), and New York City (82.8%)
• Los Angeles YTD ADR is $170.51 and ranks 6th out of the Top 25 Markets, up +10.4% compared to the same period last year ($154.50).
• Los Angeles YTD RevPAR is $139.58 and ranks 5th out of the Top 25 Markets, up +13.7% compared to the same period last year ($122.71).
• YTD rooms nights sold are 14.52 million countywide, reflecting a +3.0% increase over 2015 (14.10 million room nights).
• Pasadena/Glendale/Burbank reported the highest YTD occupancy at 86.4%, followed by Hollywood/West Hollywood (85.4%).