May 2017 Lodging Metrics

May 2017
•  Los Angeles ranked 4th place among the Top 25 Markets with an Occupancy rate of 81.5%, up +2.7% compared to May 2016 (79.4%).
•  Los Angeles ADR was $173.69 and ranked 6th among the Top 25 Markets, up +3.4% compared to May 2016 ($167.99).
•  Los Angeles RevPAR was $141.63 and ranked 5th among the Top 25 Markets, up +6.2% compared to May 2016 ($133.40).
•  Rooms nights sold were 2.53 million countywide, up +5.0% over May 2016 (2.41 million room nights).
•  The LAX Area (84.2%) reported the highest occupancy rate for the month.    

2017 Jan-May YTD
•  Los Angeles ranked 5th place among the Top 25 Markets with a YTD Occupancy rate of 80.4%, down -1.2% compared to the same period last year (81.4%).
o Markets ranking higher than Los Angeles in YTD occupancy are New York (82.2%), Oahu Island (81.7%), Orlando (81.3%), and San Francisco (81.1%).  
•  Los Angeles YTD ADR is $170.96 and ranks 6th out of the Top 25 Markets, up +0.3% compared to the same period last year ($170.38).  
•  Los Angeles YTD RevPAR is $137.48 and ranks 5th out of the Top 25 Markets, down -0.9% compared to the same period last year ($138.67).  
•  YTD rooms nights sold are 12.06 million countywide, reflecting a +0.2% increase over 2016 (12.04 million room nights).
•  The LAX Area (85.2%) and South Bay (83.2%) reported the highest occupancy rate year to date.